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November 07, 2022
Indonesia Stock Exchange signs MoU with green fintech to establish carbon trading platform
The Indonesia Stock Exchange (IDX) is set to work with MetaVerse Green Exchange (MVGX), a Singapore-based digital green exchange, to develop its first carbon credit trading platform in a bid to incentivize domestic high-emitting industries to reduce their
November 02, 2022Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture
While more than 34% of the world’s largest companies are now committed to net zero goals, 93% will fail to meet their targets, if they don’t at least double the rate of emissions reduction by 2030, according to a new report from Accenture.
November 01, 2022Vietnam set to run PPA pilot scheme for renewable energy
Vietnam’s Ministry of Industry and Trade (MIOT) is planning a pilot scheme to open up Vietnam’s electricity market to bilateral power purchase agreements (PPAs), which would enable renewable energy generators to directly sell electricity to private off-ta
October 31, 2022Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.
October 28, 2022Walmart suppliers team up to purchase renewable energy
Five Walmart suppliers joined forces to buy renewable energy from a Kansas wind farm, as part of the retailer’s plan to reduce 1 billion metric tons worth of emissions across its supply chain by 2030.
October 17, 2022Australia to pledge to cut methane emissions by 30%
Australia’s new left-leaning government is set to commit to reducing global methane emissions by 30% by 2030.
October 12, 2022UK set to impose revenue cap on renewable energy generators
The UK government has announced to introduce the ‘Cost-Plus Revenue Limit,’ a temporary cap on renewable energy companies’ revenue, to curb the impact of soaring wholesale power prices.
October 12, 2022London Stock Exchange introduces listing rules for carbon offset
The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.
October 03, 2022Malaysia to become major carbon market in Asia: McKinsey
Malaysia is poised to become one of Asia's leading carbon markets, according to global consulting giant McKinsey & Co.
September 30, 2022Lifecycle emissions from cars nearly carbon-heavy per euro as oil firms
A study by environmental NGO Transport & Environment shows that lifetime carbon emissions of a car are so high that investing in carmakers funds almost as much as carbon dioxide per euro as investing in an oil company.