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Malaysia to become major carbon market in Asia: McKinsey
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Malaysia to become major carbon market in Asia: McKinsey

Malaysia is poised to become one of Asia's leading carbon markets, according to global consulting giant McKinsey & Co.
October 03, 2022
Lifecycle emissions from cars nearly carbon-heavy per euro as oil firms
News

Lifecycle emissions from cars nearly carbon-heavy per euro as oil firms

A study by environmental NGO Transport & Environment shows that lifetime carbon emissions of a car are so high that investing in carmakers funds almost as much as carbon dioxide per euro as investing in an oil company.
September 30, 2022
Queensland to shut coal plants by 2035
News

Queensland to shut coal plants by 2035

Queensland, one of Australia's biggest coal-producing states, announced on Sep. 28 an A$ 62 billion ($40 billion) clean energy plan to end its reliance on fossil fuels and convert its coal-fired power stations to renewable hubs by 2035.
September 29, 2022
ESG investors consider measuring Scope 4 emissions
News

ESG investors consider measuring Scope 4 emissions

Amid global race to net-zero emissions, Environmental, Social, and Governmental (ESG) investors are now considering how Scope 4 emissions can be integrated into their portfolio analysis.
September 28, 2022
Low-carbon rice production could help Vietnam meet 2030 emission target
News

Low-carbon rice production could help Vietnam meet 2030 emission target

According to a new World Bank report, low-carbon rice production offers great potential for Vietnam to achieve its target of reducing methane emissions by 30% by 2030 while improving the competitiveness of a strategic export product.
September 26, 2022
Iron ore giant Fortescue pledges to go green by 2030
News

Iron ore giant Fortescue pledges to go green by 2030

Australian resource giant Fortescue Metals Group, one of the world’s biggest iron ore producers, has unveiled a $6.2 billion plan to transition to renewable energy by 2030. Its billionaire owner Andrew Forrest has urged other heavy industries to follow su
September 23, 2022
New KARB ETF opens door to global compliance carbon markets
News

New KARB ETF opens door to global compliance carbon markets

Carbon Fund Advisors Inc has launched the Carbon Strategy ETF (KARB) on the NYSE to provide investors with exposure to carbon markets.
September 22, 2022
South African businesses propose revisions to carbon tax rates
News

South African businesses propose revisions to carbon tax rates

The Energy Council of South Africa and other business representatives have jointly proposed recommendations to South African government for the country’s carbon tax scheme under the draft Taxation Laws Amendment Bill.
September 21, 2022
Vietnam needs new FiT to boost biomass investment, say experts
News

Vietnam needs new FiT to boost biomass investment, say experts

Despite an existing feed-in tariff (FiT) for deepening biomass energy investment in Vietnam, some experts advise that a new scheme must be paired with other legal incentives to ensure a more significant share in the country’s energy mix.
September 20, 2022
OCC designates its first-ever “climate cop”
News

OCC designates its first-ever “climate cop”

The U.S. Office of the Comptroller of the Currency (OCC) has appointed Dr. Yue (Nina) Chen as its first chief climate risk officer to manage climate-related financial risks.
September 19, 2022
Africa's first green hydrogen plant to start production in 2024
News

Africa's first green hydrogen plant to start production in 2024

French independent power producer HDF Energy has announced that its green hydrogen power plant in Namibia, Africa’s first, will begin producing electricity in 2024.
September 16, 2022
First climate lawsuit demanding Russian government stronger emissions targets
News

First climate lawsuit demanding Russian government stronger emissions targets

Activists filed Russia’s first-ever lawsuit in the Supreme Court on Sep.13, demanding the government take stronger actions on emissions reduction to meet its obligations under the 2015 Paris Agreement.
September 15, 2022
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