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Key carbon market trends to watch in 2025
News

Key carbon market trends to watch in 2025

Global carbon emissions are expected to reach a new high in 2024, while the growth of the carbon credit market has stalled. However, the outlook for 2025 remains optimistic, as countries and companies continue to raise their emission reduction targets.
January 31, 2025
Global carbon market trends 2025: Diverging paths, shared ambitions
Research

Global carbon market trends 2025: Diverging paths, shared ambitions

In 2025, carbon markets worldwide are exhibiting distinct regional trends—while the EU continues refining its policy tools, China consolidates its role as a leader among emerging markets, and Southeast Asia lays the groundwork for cross-border carbon cred
January 27, 2025
Indonesia bolsters EV battery ties with Japan, South Korea amid  U.S.-China tariff risks
News

Indonesia bolsters EV battery ties with Japan, South Korea amid U.S.-China tariff risks

In response to U.S. President Trump’s threat of higher tariffs on Chinese companies, Indonesian battery manufacturers with close ties to Chinese firms are expanding their partnerships with other countries.
January 24, 2025
Indonesia’s Lake Poso faces biodiversity crisis amid rising deforestation
News

Indonesia’s Lake Poso faces biodiversity crisis amid rising deforestation

The forests around the ancient Lake Poso in Indonesia’s Central Sulawesi province are being lost to mining, oil palm plantations and smallholder farm expansion, threatening both unique species and local residents.
January 24, 2025
ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant
News

ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant

Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.
January 24, 2025
Thailand launches Utility Green Tariff, offering 2 billion kWh for SMEs
News

Thailand launches Utility Green Tariff, offering 2 billion kWh for SMEs

To encourage businesses to use renewable energy, Thailand has officially launched the Utility Green Tariff (UGT), setting the rate at 4.21 THB per kWh (about 0.12 USD), slightly higher than the current rate for conventional electricity.
January 24, 2025
How Chinese businesses can transform carbon-cutting pressures into growth
News

How Chinese businesses can transform carbon-cutting pressures into growth

Turning carbon-cutting pressures into growth opportunities is critical for Chinese businesses, write two researchers.
January 23, 2025
Oil giants criticize Trump’s climate move as hindering clean energy push
News

Oil giants criticize Trump’s climate move as hindering clean energy push

U.S. President Donald Trump immediately announced the withdrawal from the Paris Agreement. However, some oil and gas industry leaders have expressed concerns that this move does not help their push for clean energy investments.
January 23, 2025
Rewiring Asia: Inside Singapore’s strategy to build a regional grid for clean power
News

Rewiring Asia: Inside Singapore’s strategy to build a regional grid for clean power

Singapore relies heavily on natural gas, which accounts for 95% of its electricity generation. To meet growing electricity demand while staying on track for net-zero emissions by 2050, Singapore must shift toward cleaner energy sources.
January 22, 2025
Met Office: Atmospheric CO2 rise now exceeding IPCC 1.5ºC pathways
News

Met Office: Atmospheric CO2 rise now exceeding IPCC 1.5ºC pathways

The rate at which atmospheric CO2 is increasing is now outpacing the pathways set out by the Intergovernmental Panel on Climate Change (IPCC) that limit global warming to 1.5ºC.
January 22, 2025
Indonesia opens carbon market to global buyers with 40,000 tons traded on first day
News

Indonesia opens carbon market to global buyers with 40,000 tons traded on first day

Indonesia's carbon market officially opened to international buyers on Jan. 20, with over 40,000 tons of carbon dioxide equivalent (CO2e) traded on the first day.
January 22, 2025
Keyfield sets record with solar-powered vessel in Malaysia
News

Keyfield sets record with solar-powered vessel in Malaysia

To meet corporate carbon reduction goals, Malaysia's ship service company Keyfield International has completed the installation of a solar photovoltaic system on its largest work barge, setting a national record for the scale of the equipment.
January 22, 2025
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