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November 03, 2023
Barclays rebuilds carbon trading desk amid global net-zero push
Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.
November 03, 2023Orsted ditches US projects, casts shadow over industry outlook
Amid high interest rates, inflation and supply-chain woes, U.S. wind-energy sector facing a wave of impairments and forcing developer to cancel projects and casting doubts over the industry’s outlook.
November 03, 2023SK Group advances renewable energy push in Vietnam
South Korea’s SK Group will reinforce its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste recycling, solar and wind power.
November 03, 2023Indonesia outlines emission roadmaps for $20 billion energy transition plan
Indonesia slashes its 2030 target for carbon emissions from the power sector and boost its renewable energy generation share in a draft roadmap released on Nov. 1 for $20 billion in financing from rich nations to wean off coal.
November 02, 2023Cambodia moves towards solar, wind for rising power demands
Cambodia’s Minister of Mines and Energy Keo Rottanak said the country is pivoting to planning a move towards solar and wind energy to meet its rising power needs.
November 02, 2023Gentari, AM Green team up for large-scale green ammonia production
Gentari, the clean energy division of Malaysia's Petronas, has partnered AM Green to jointly invest, in phases, into a green ammonia platform, AMG Ammonia.
November 01, 2023Thai airways unveils new uniform with sustainable twist
Thai Airways has unveiled its new uniform, which blended with recycle material, for female cabin crew last Thursday and expects to launch on 1 January 2024.
November 01, 2023Indonesia expected new regulation to allow cross-border carbon storage
Indonesia is finalizing a regulation that will open up carbon capture and storage (CCS) projects to more industries and allow greenhouse gases from other countries to be stored in Indonesia, a government official said on Oct. 31.
November 01, 2023BloombergNEF expects global carbon market hits $800 billion in 2023
Bloomberg New Energy Finance (BNEF)’s latest outlook report has predicted that the global carbon market is set to exceed $800 billion this year, marking a 5% year-over-year growth, even though trade volumes have fallen due to Russia’s war in Ukraine.
October 31, 2023G7 offers Vietnam 300 million in grants to cut coal
Group of Seven (G7) members finalized the $15.5 billion pledge to help Vietnam reach net-zero emissions by 2050, among which offer more than 300 million, accounting for 2% of a total package which made up mostly of costly loans that Hanoi has been relucta