News
Energy, Transport & Building
December 26, 2023
Electric bus route in Ho Chi Ming City faces service halt as losses deepen
Residents in Ho Chi Ming City were disappointed to hear that the D4 electric bus route from Vinhomes Grand Park to Sai Gon Bus Station might come to a stop. The bus service attracts a huge number of passengers as it is convenient and clean.
December 26, 2023Carbon credit futures fall 90% as major buyer shun the market
Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.
December 25, 2023Indonesia’s green energy price may compete with fossil fuels: official
The rapid advancements in green energy contribute to reducing electricity costs. In Indonesia, solar photovoltaic prices are even approaching those of coal-fired power generation.
December 25, 2023Indonesia’s renewables investment hits multiyear low amid transition push
Indonesia is about to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to tackle barriers.
December 25, 2023UK’s new CCUS Vision to create competitive carbon capture market
The UK government announced its new vision to create a carbon capture market by 2035. The plan, called the CCUS Vision, outlines a competitive UK carbon capture, usage and storage market aimed at generating new jobs and supporting its net zero goal.
December 22, 2023Gulf Energy, EGAT sign PPA for 12 solar power projects
Gulf Energy Development is continuing to expand its footprint in the solar energy sector. On Thursday, the company signed a 25-year power purchase agreement with the Electricity Generating Authority of Thailand (EGAT).
December 22, 2023Germany approves 50% hike in its carbon price next year
On Friday, Germany approved the plan to raise the price on carbon dioxide emissions by more than agreed on previously on Dec. 15. The country currently has a levy on CO2 emissions from fuel of 30 euros per ton of CO2.
December 22, 2023Japan's Eneos, Sumitomo to produce green hydrogen in Malaysia
Japanese oil company Eneos and trading group Sumitomo Corp. have announced plans to produce green hydrogen in Malaysia and export much of it to Japan. This initiative aims to further diversify the fuel supply for decarbonization.
December 21, 2023Singapore, Japan agree green and digital shipping corridor for maritime decarbonization
The Singaporean and Japanese governments have signed a MoC to establish the first Singapore–Japan Green and Digital Shipping Corridor (GDSC).
December 19, 2023Indonesia builds more water reservoirs to fight climate change
Indonesia’s Public Works and Public Housing (PUPR) Minister, Basuki Hadimuljono, said that the government's efforts to construct more dams and retention basins serve as concrete actions to address the threats of climate change.