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Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF
News

Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF

Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.
September 19, 2024
Air taxis have high costs and emissions, not useful for energy transition – researchers
News

Air taxis have high costs and emissions, not useful for energy transition – researchers

Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).
September 18, 2024
Singapore companies face 'minimal impact' from carbon tax hike: Survey
News

Singapore companies face 'minimal impact' from carbon tax hike: Survey

Starting this year, Singapore has increased its carbon tax to SGD 25 per ton (about 19 USD) and announced plans for further increases, aiming to encourage companies to accelerate their carbon reduction efforts.
September 18, 2024
Thailand's largest cement producer commits $6.3 billion to green transition
News

Thailand's largest cement producer commits $6.3 billion to green transition

Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy.
September 18, 2024
China’s carbon market is moving from burden to boon
News

China’s carbon market is moving from burden to boon

China’s mandatory national carbon market launched in 2021. So far, only companies with large coal-fired power generation have needed to comply. But other sectors, such as steelmaking, are set to join soon.
September 16, 2024
Indonesia’s new government targets $65 bln green fund through carbon credit revenues
News

Indonesia’s new government targets $65 bln green fund through carbon credit revenues

Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
September 16, 2024
Subic Freeport aims to achieve carbon neutrality with new green initiatives
News

Subic Freeport aims to achieve carbon neutrality with new green initiatives

The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives. These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more.
September 16, 2024
Singapore to mandate 10% energy cut for large buildings starting 2025
News

Singapore to mandate 10% energy cut for large buildings starting 2025

To reduce the carbon emissions of buildings, the Singapore government has implemented mandatory measures. Starting from the third quarter of next year, high-energy-consuming large buildings in Singapore must adopt energy-saving measures.
September 13, 2024
Just 15 countries account for 98% of new coal-power development, GEM finds
News

Just 15 countries account for 98% of new coal-power development, GEM finds

Nearly all of the coal-power capacity under development (98%) is now concentrated in just 15 countries, with China and India alone accounting for 86%, according to Global Energy Monitor's latest Global Coal Plant Tracker (GCPT) results.
September 12, 2024
CS Wind to build world’s largest wind power factory in Vietnam
News

CS Wind to build world’s largest wind power factory in Vietnam

South Korean wind power equipment giant CS Wind is expanding its investment in Vietnam, capitalizing on the geographic advantages of Long An Province in the Mekong Delta.
September 12, 2024
Google invests $10 mln in Holocene to tackle carbon capture’s cost ‘holy grail’
News

Google invests $10 mln in Holocene to tackle carbon capture’s cost ‘holy grail’

American tech giant Google has announced a partnership with carbon capture startup Holocene, signing a contract worth up to $10 million. Starting in 2030, Google plans to purchase carbon credits at a very low price of $100 per ton.
September 12, 2024
Southeast Asia’s highly anticipated environmental rights declaration ‘watered down’, say critics
News

Southeast Asia’s highly anticipated environmental rights declaration ‘watered down’, say critics

From 2012 to 2021, 318 land and environmental defenders were killed across Southeast Asia, representing 18% of the global total. The Philippines ranks as Asia’s most lethal country for such activists, with 281 recorded deaths since 2012.
September 11, 2024
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