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July 10, 2023

India forms committee to oversee its first domestic carbon market

To boost the trading of carbon credits in the country, India’s Ministry of Power has notified the Carbon Credit Market Scheme. Within just a few days ago, the government releasing a draft document for establishing a carbon credits market in India.
July 06, 2023

Australia commits $50m to Indonesian SMEs for energy transition

Australia will provide $50 million in climate funding to Indonesia’s small and medium enterprises (SMEs) as well as startups for energy transition, according to Australian Prime Minister Anthony Albanese.
July 06, 2023

Vietnam experiments on carbon capture and storage

Vietnam Petroleum Institute (VPI) and Smart Geophysics Solutions JSC (SGS) on June 26 jointly organized the "Test and Simulation of Carbon Capture, Utilization and Storage (CCUS)" international scientific conference.
July 06, 2023

Australia ready to import emission from Asia for carbon storage

Australia is gearing up to import greenhouse gases from some of Asia’s biggest emitters as the government introduces new laws that will allow international pollutions to be buried in carbon capture and storage projects in local waters for the first time.
July 05, 2023

Statkraft inks 10-year PPA with Telenor for Finnish wind power

Norwegian renewable energy company Statkraft has signed a 10-year power purchase agreement (PPA) with Telenor, agreed to provide clean energy to the telco’s Finnish subsidiary DNA .
July 05, 2023

Ho Chi Minh City carries out trial of carbon credit trading

After being approved by the Vietnamese Congress, Ho Chi Minh City will pilot a " Carbon Credit Exchange and Clearing Mechanism", starting from August 1st.
July 05, 2023

China says no way to set the same carbon price as EU now

It is now impossible to ask China to set the same carbon price as the EU, as the two sides' carbon prices were set under different development conditions and emission goals, said a Chinese climate official, who also criticized EU's new carbon tariff as "u
July 04, 2023

Vietnam aims to be Southeast Asia renewables leader but challenges remain

Vietnam is poised to become a regional leader in renewables, an energy policy official said. Still, challenges faced by investors such as uncertainty in the regulations and the shortage of infrastructures remain.
July 04, 2023

EU supports Vietnam with 142 mln euros for energy transition

Vietnam’s Ministry of Industry and Trade (MOIT) and the EU delegation to Vietnam held a policy dialogue on the Sustainable Energy Transition Program (SETP) in Hanoi on June 30. The EU will provide 142 million euros through Official Development Assistance
July 04, 2023

China is set to hit wind and solar target five years ahead of plan

China is on track to double its wind and solar power capacity and reach its 2030 clean energy targets five years early, a new report has found.
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