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Basic Materials
July 09, 2024
AI in green transition market to reach $115 billion by 2032
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.
June 27, 2024Malaysia to phase out coal-fired power plants by 2044 for net-zero ambitions
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.
June 14, 2024Why isn’t China’s emissions growth slowing like its GDP?
Despite slowing GDP growth, coal consumption is on the up, largely due to a failure to improve energy efficiency.
June 07, 2024ICVCM announces first batch of approved carbon credit methodologies
The Integrity Council for the Voluntary Carbon Market (ICVCM) has announced the first batch of carbon credit methodologies to pass their review.
May 28, 2024Indonesia to launch 2025 hydrogen plan for industry, energy sectors
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.
May 24, 2024Expert sees more room as global carbon pricing revenue hit record $104 bln
The World Bank released its "State and Trends of Carbon Pricing 2024" report on May 21, marking the first time Taiwan's carbon pricing policy has been included among the 75 operational carbon pricing instruments globally.
May 20, 2024Vietnam's steel industry faces challenges with upcoming EU carbon tariffs
Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's
May 03, 2024Vietnam’s GHG emission regulations draft emphasizes carbon footprint verification
Vietnamese government proposed to amend and supplement the "Regulations on reduction of greenhouse gas (GHG) emissions and protection of the ozone layer". There is significant attention regarding details of GHG inventory and emission quota allocation.
April 26, 2024China's carbon price hit 100 yuan for first time as regulations tighten
China's carbon price has surpassed 100 yuan for the first time since the market's launch in mid-2021, as major polluters ramp up purchases ahead of the implementation of stricter standards.
April 25, 2024Thai renewable energy firms form strategic alliance for waste-to-energy projects
Four renewable energy companies in Thailand have announced the formation of a strategic alliance to jointly invest in waste-to-energy projects. They plan to construct a total of 12 power plants with a combined installed capacity of 96 MW.