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UK plans to introduce carbon border tax in 2026 following EU’s CBAM
News

UK plans to introduce carbon border tax in 2026 following EU’s CBAM

In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.
November 17, 2023
EU to auction 244 million carbon permits from Jan-Aug 2024
News

EU to auction 244 million carbon permits from Jan-Aug 2024

European governments will auction 244 million EU carbon permits from January to August next year under the bloc's ETS, the European Commission announced on November 16.
November 17, 2023
Carbon credits in the spotlight at upcoming COP28 climate talks
News

Carbon credits in the spotlight at upcoming COP28 climate talks

Carbon credits will take center stage at the upcoming UN climate talks, COP28, in Dubai at the end of this month. These credits, purchased by companies to offset their carbon emissions, allow them to consider consumed goods and services ‘carbon neutral’.
November 16, 2023
Indonesia advances CCS partnership with US oil giants, eyes petrochemical project
News

Indonesia advances CCS partnership with US oil giants, eyes petrochemical project

Indonesia's state energy firm, Pertamina, along with U.S. oil majors Exxon Mobil and Chevron Corp, is progressing in their discussions to invest in carbon capture facilities.
November 16, 2023
Opportunities and challenges of green transportation in Vietnam
News

Opportunities and challenges of green transportation in Vietnam

To fulfill the commitment at COP26 which is to achieve net-zero emissions by 2050, Vietnam is prioritizing "greening" efforts to both land and sea transport with new business opportunities and challenges as well.
November 16, 2023
Changi airport allows travelers offset carbon emission
News

Changi airport allows travelers offset carbon emission

Offsetting carbon footprint couldn’t be simpler. Changi Airport has launched a new service on its website and cell-phone application for passengers to calculate the carbon emissions and allow credit card to offset them by supporting forest-planting.
November 16, 2023
A guide to decarbonize your business’ supply chain
Research

A guide to decarbonize your business’ supply chain

Quite a few companies have shifted from carbon offset scheme to reducing carbon footprint in supply chains, an approach that can prevent greenwash and increase brand credibility. But what are the methods and challenges of supply chain decarbonization?
November 16, 2023
Vietnam’s GSM starts pure EV taxi service in Laos
News

Vietnam’s GSM starts pure EV taxi service in Laos

GSM, a ride-hailing firm founded by the owner of Vietnam’s EV maker VinFast, has launched its electric taxi service this month in Vientiane, Laos, to promote green mobility in Southeast Asia.
November 15, 2023
Electric buses will soon ply Mandaue City streets to reduce carbon footprint
News

Electric buses will soon ply Mandaue City streets to reduce carbon footprint

Electric vehicles will soon ply in some of the streets of Mandaue City, following the signing of a MOA between the city government and the Global Electric Transport Philippines Inc. on Nov. 8.
November 15, 2023
Undersubscribed small amount green energy auction calls for more flexibility
News

Undersubscribed small amount green energy auction calls for more flexibility

Taipower’s Round 1 auction, which offered 10 million kilowatt hours of small-amount green energy, was undersubscribed. Some private sectors believe that the small amount of green energy cannot meet demand from SMEs, and with limited offers and the highest
November 14, 2023
MSB secures FMO 100 million USD for green projects
News

MSB secures FMO 100 million USD for green projects

In recent years, there has been a significant surge in demand for green loans in Vietnam. Many banks are not only allocating their capital for green and sustainable development projects but also seeking support from foreign Development Finance Institution
November 14, 2023
EVN increases average retail electricity price again
News

EVN increases average retail electricity price again

Vietnam Electricity (EVN) has announced an adjustment in the average retail electricity prices by 4.5% from Nov. 9. After four years of frozen increases, electricity prices in Vietnam have been adjusted twice this year.
November 14, 2023
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