News
Energy, Transport & Building
May 16, 2024
Laos partners with Thailand's Energy Absolute to accelerate renewable energy goals
Laos is ambitiously pursuing renewable energy development, recently announcing a collaboration with Thailand's Energy Absolute (EA) to jointly develop hydropower and electric vehicles. This initiative is expected to boost Laos' revenue within three years.
May 16, 2024Three reasons why Taiwanese businesses favor nuclear power
As the RE100 target and carbon tariffs are established internationally, demand for green electricity is escalating. However, voices in Taiwan's business community supporting nuclear power are growing stronger, prompting the new government to re-examine it
May 16, 2024Three major impacts of the U.S. imposing a 100% tariff on Chinese EVs
The Biden administration announced a significant increase in tariffs on Chinese imports, particularly raising tariffs on EVs to 100%. However, analysts believe that the potential ripple effects may not necessarily be beneficial for the United States.
May 15, 2024Malaysia carbon exchange to auction first local nature-based carbon credits in July
The Malaysia Carbon Exchange (BCX) will auction its first batch of locally generated carbon credits on July 25. This event marks the expansion of its product offering to include local carbon credits in addition to global carbon credits.
May 14, 2024Record 30% of global electricity sourced from renewables, driven by China
According to the European energy think tank Ember, global renewable energy generation has surpassed 30% for the first time. Notably, over half of the new green energy added last year came from China.
May 13, 2024Shell accused of selling 200 million of “phantom carbon credits”
Energy giant Shell is accused of selling "phantom carbon credits" through a Canadian carbon capture project, which not only generated an additional revenue of 200 million Canadian dollars (about 140 million USD) but captured only half of the amount claime
May 07, 2024Gulf Energy aims to lower power bills in Thailand with 25 new solar farms
Gulf Energy Development anticipates that the establishment of 25 new solar farms will aid the government in more effectively regulating electricity prices, potentially resulting in reduced power bills.
May 06, 2024EU targets greenwashing in aviation industry amid growing environmental concerns
The European Union continues its relentless campaign against corporate greenwashing, with its latest move aimed at the major carbon emitter aviation industry.
May 06, 2024Singapore launches new corporate lab for low-carbon technologies
Singapore has launched a $60 million lab to drive research and development in low-carbon technologies to help achieve net-zero emissions by 2050.
May 03, 2024Thai businesses ask government to speed up green power market liberalization
Thai businesses are calling on the government to reform the green energy trading mechanism. The Federation of Thai Industries (FTI) believes that the government should expedite the opening of free trade in green energy.