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Asia Pacific
August 17, 2023
China’s carbon price hits record as power generators rush for permits
China’s carbon price continues to rise, setting a fresh record on Aug. 11 as Beijing pushes power generators to obtain sufficient permits for the year.
July 31, 2023Google reports strong progress with 24/7 carbon-free operation goal
Google published report that highlights the significant progress the company has made in achieving 24/7 carbon-free operations.
July 31, 2023Supply shortages, poor data quality are main barriers for China’s carbon market
Poor quality data and supply shortages remain key hurdles for China’s national carbon ETS. The world’s largest carbon market has seen lower-than-expected trading volume and weak carbon prices in the past year.
July 26, 2023Japan's Sumitomo in pact with UAE’s oil firm for carbon capture project
Japan’s Sumitomo Corporation has signed an initial agreement with UAE’s SNOC to develop a carbon capture project in the Emirates.
July 20, 2023Carbon capture technology on the rise in India's energy transition
Indian oil and gas companies are adopting CCUS technologies to achieve India's net zero target by 2070, as highlighted in the Ministry of Petroleum and Natural Gas report. ONGC, IOCL, BPCL, HPCL, and GAIL are leading the transition with ambitious net-zero
July 19, 2023Philippine’s ACEN, Australian Aboriginal group team up for renewable energy
Philippine energy firm ACEN Corp has collaborated with Australia's Yindjibarndi Aboriginal group to develop a large renewable energy project in Western Australia's iron ore mining region.
July 18, 2023Toshiba, GE alliance for offshore wind equipment supply chain in Japan
Japan's Toshiba plans to build a domestic supply chain for offshore wind power equipment together with U.S. manufacturer GE, as Japan is expanding in renewable energy.
July 14, 2023Japan aims to offer green tech for energy transition in Middle East
Japan's Prime Minister Fumio Kishida plans to discuss energy markets on a trip to Saudi Arabia, United Arab Emirates and Qatar next week, aiming to provide technologies for net zero transition.
July 12, 2023Korean power giant joins 50 GW ultrascale green hydrogen plan in Australia
Plans to produce up to 3.5 million tons of green hydrogen a year from 50 GW of wind and solar in Western Australia have a major new backer, with Korean energy giant Kepco signing up to develop the “ultrascale project.”
July 10, 2023India forms committee to oversee its first domestic carbon market
To boost the trading of carbon credits in the country, India’s Ministry of Power has notified the Carbon Credit Market Scheme. Within just a few days ago, the government releasing a draft document for establishing a carbon credits market in India.