News
Asia Pacific
November 21, 2024
CBAM may be revised to ease EU exporters' pain
The EU's CBAM, designed to address carbon leakage, has unintentionally hurt domestic exporters as well. EU officials recently indicated that they would assist exporters in coping with the impact.
November 18, 2024COP29: Baku summit makes early breakthrough on global carbon market standards
On the opening day of the United Nations Climate Summit (COP29), a major breakthrough was achieved in global carbon market negotiations. Member countries endorse a United Nations-backed carbon credit trading mechanism.
November 13, 2024Fossil fuel carbon emissions hit record levels in 2024, report says
The latest Global Carbon Budget report forecasts that both fossil fuel-related carbon emissions and total global carbon emissions will hit historic highs this year, with further increases expected.
November 08, 2024Developers urge 2025 FiT inclusion as Taiwan's floating offshore wind plans face delays
The Ministry of Economic Affairs had initially planned to release a draft for its floating offshore wind farm demonstration program by year's end. However, the timeline may face further delays as discussions over incentive mechanisms continue internally.
October 30, 2024Japan projects CCS costs to be lower than carbon prices by 2040
Japan is set to incorporate Carbon Capture and Storage (CCS) into its national energy development framework, aiming for commercial operation by 2030.
October 25, 2024The challenges of carbon neutrality labelling in China
Product claims regarding carbon neutrality based on offsets are controversial, but better accounting of carbon footprints is on the way.
October 24, 2024Can incinerators solve Vietnam’s waste crisis?
As landfills struggle to cope, Vietnam is turning to waste-to-energy plants as a potential solution – but could they introduce new challenges?
October 21, 2024AI wave leads Taiwan to reconsider embracing nuclear energy
In a recent interview, Taiwan's Premier Cho Jung-tai indicated that Taiwan is "very open" to new nuclear technologies in light of the increasing electricity demand from the semiconductor industry driven by AI.
October 16, 2024Green bonds, red flags: Cambodia’s microfinance crisis deepens amid sustainability push
Microfinance institutions in Cambodia, accused of predatory lending, are pivoting to green bonds while borrowers, burdened by debt and climate impacts, struggle to survive.
October 08, 2024Foxconn unveils new EVs and partners with Bill Gates' energy fund
Foxconn Technology Day (HHTD24) kicked off its fifth annual event on October 8, unveiling the latest electric car, Model D, and an electric mid-size bus, Model U, while also announcing a partnership with Breakthrough Energy Ventures (BEV), the energy inve