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May 24, 2024
Expert 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.
April 18, 2024Thailand gears up for Climate Change Act amidst optimism and skepticism
Thailand is preparing to introduce the Climate Change Act. Assistant Minister of the Ministry of Natural Resources and Environment, Rachata Phisitbanakorn, mentioned in a seminar this month that the law may come into effect this year.
April 10, 2024Nike defeats lawsuit accusing it of greenwashing its products
Nike has dodged a potential lawsuit following a judge's dismissal of the case related to greenwashing due to insufficient evidence.
April 03, 2024Malaysia’s new moratorium unexpectedly propels rise of green steel
The green steel supply chain is gradually starting up in Malaysia, largely due to stricter government policies related to decarbonization. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in t
March 26, 2024TPIPP announces goal of 100% renewable use by 2026
TPI Polene Power (TPIPP), the leading developer and operator of waste-to-energy (WTE) projects in Thailand based on capacity, plans to reduce coal usage next year with the goal of achieving 100% renewable fuel utilization by 2026.
March 20, 2024CCS market size projected to grow by 104.5 million tons by 2027
Carbon Capture and Storage market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a CAGR of 22.91% during the forecast period.