News

Vietnam is expected to start piloting its carbon trading market in 2025, with carbon emission control and trading measures for high-emission sectors such as cement, steel, and transportation also set to take effect that year.

Global food prices have seen huge fluctuations in recent years, soaring to record highs in 2022 before dropping in 2023 and rising again slowly this year.

China’s low-cost wind turbines are flooding into Europe, raising concerns among local companies. Ørsted, the world's largest offshore wind developer, has also indicated that it may consider importing turbines or technology from China

To accelerate reaching peak carbon emissions by 2030, China is gradually transitioning its carbon reduction targets from an economic growth-based approach to a total emission control system, marking a shift from past methods.

The purchase of blue carbon credits should only be considered if directly remediating environmental damage is not possible, experts say.

Data centers consume huge amounts of electricity for computing, making it challenging to achieve carbon reduction goals. However, there are also many successful cases of AI-enabled carbon reduction and energy transition.

Malaysia's Deputy Prime Minister revealed the country's timeline for phasing out coal-fired power plants to achieve its net-zero commitment by 2050. By 2035, Malaysia aims to reduce its coal power plants by half and retire all of them by 2044.

Despite slowing GDP growth, coal consumption is on the up, largely due to a failure to improve energy efficiency.

The Integrity Council for the Voluntary Carbon Market (ICVCM) has announced the first batch of carbon credit methodologies to pass their review.

The Indonesian Ministry of Energy and Mineral Resources (ESDM) is formulating a hydrogen energy plan that is expected to be implemented as early as 2025. The estimated total consumption will be between 125,000 and 245,000 tons.