News
Energy, Transport & Building
December 05, 2023
IMF sees high carbon price as best incentive for decarbonization
The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.
December 04, 2023Geothermal projects heat up in Philippines, Indonesia amid energy transition
Geothermal power generation development is gaining steam in Indonesia and the Philippines, both have some of the world's largest reserves, as companies raise funds to capitalize on the shift towards renewable energy.
December 01, 2023Singapore invests SGD 164 million in EV buses, biggest purchase by LTA
Singapore continues to expand the electrification of its public bus fleet, with the Land Transport Authority (LTA) announcing a new investment of 164 million SGD for electric buses last Saturday.
December 01, 2023Vietnam has 305 green buildings but still lacks mandatory regulations
Vietnam has a total of 305 green buildings with a combined certified construction area of nearly 7.5 million square meters by September 30, 2023, according to Nguyen Cong Thinh, Vice General Director of the Department of Science, Technology and Environmen
December 01, 2023Manila Water signs solar PPA with Ditrolic Energy for green transition
Water and sanitation company Manila Water has inked a 15-year solar power purchase agreement (PPA) with energy provider Ditrolic Energy Philippines.
November 30, 2023World’s richest 12 people have same carbon footprint as 2 mln homes
Superyachts, private jets and financial investments of 12 of the world’s wealthiest people are accountable for generating annual energy emissions equivalent to 2.1 million homes, according to a report.
November 29, 2023Japan’s Marubeni intends to replace Ørsted in operating Vietnam's offshore wind power
Japan's Marubeni has expressed to replace Ørsted by collaborating with Vietnam's T&T Group to develop offshore wind power projects in Thai Binh, a province of northern Vietnam.
November 29, 2023Virgin Atlantic’s first 100% SAF flight showcase the potential of low carbon options
A Virgin Atlantic passenger jet powered by 100% sustainable aviation fuel (SAF) successfully completed a London-to-New York jaunt on November 28 to showcase the potential of low-carbon options that make up a tiny fraction of the industry's fuel mix.
November 29, 2023Sarawak first in Malaysia to enact climate change law
The Sarawak Legislative Assembly has passed the Environment (Reduction of Greenhouse Gases Emission) Bill on November 20, making it the first state to have legislation to address climate change.
November 28, 2023COP28: What to know before UN climate talks
Approximately 70,000 world delegates and negotiators are expected to meet in Dubai for the United Nation’s COP28 climate summit from Nov. 30 to Dec. 12.