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Green Policy
January 24, 2025
ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant
Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.
January 22, 2025Rewiring Asia: Inside Singapore’s strategy to build a regional grid for clean power
Singapore relies heavily on natural gas, which accounts for 95% of its electricity generation. To meet growing electricity demand while staying on track for net-zero emissions by 2050, Singapore must shift toward cleaner energy sources.
January 21, 2025Rewiring Asia: How global and ASEAN grids inform Taiwan’s next move
Taiwan, surrounded by water on all sides, operates an islanded power grid with no connections to neighboring countries. In our special series Rewiring Asia, RECCESSARY explores regional grid developments around the world.
January 20, 2025Thailand’s PM backs electricity rate cuts as elections near
The de facto leader of the ruling Pheu Thai Party, former Prime Minister Thaksin Shinawatra, recently raised the topic of lowering electricity rates, sparking widespread discussion. Most of the proposals are related to renewable energy.
January 16, 2025Tesco to build low-carbon concept farms, urging clearer UK policy on sustainability
Tesco, the UK’s largest supermarket chain, announced on Jan. 10 its collaboration with local farms to introduce a range of sustainable carbon reduction solutions, aiming to reduce environmental damage across all stages of production.
January 14, 2025Thousands evacuate as deadly wildfires devastate Los Angeles
Wildfires in Southern California, U.S., have killed at least five people, forced some 130,000 to evacuate, and damaged or destroyed more than 2,000 buildings.
January 13, 2025Japan deepens green energy, CCS cooperation in Southeast Asia
To reinforce Japan's influence in Southeast Asia, Japanese Prime Minister Shigeru Ishiba embarked on his first official overseas visit after taking office, choosing Malaysia and Indonesia—two key ASEAN member countries—for his trip.
January 08, 2025Singapore, Malaysia deepen cooperation on carbon credits, renewables
Singapore and Malaysia announced the establishment of the Johor-Singapore Economic Zone (JS-SEZ) at the border of the two countries. This initiative aims to attract more investments and create more job opportunities.
January 08, 2025Updated: Six biggest banks in the US leave Net-Zero Banking Alliance
In less than a month, six of the largest banks in the U.S., including JPMorgan, have announced their withdrawal from the United Nations Net-Zero Banking Alliance (NZBA).
January 07, 2025Indonesia delays full implementation of B40 biodiesel
Indonesia’s B40 policy, which mandates a 40% palm oil mix with 60% diesel, was initially set to take effect on January 1, 2025. However, officials have confirmed a delay until February, giving businesses a 1.5-month grace period. Furthermore, the governme