News

The winner of the $100 million XPRIZE Carbon Removal competition has been announced. Houston-based startup Mati Carbon has taken the top prize with $50 million for its use of Enhanced Rock Weathering (ERW) technology.

Thailand’s cabinet approves a carbon tax rate of 200 baht ($5.88) per ton of carbon emissions. Deputy Finance Minister Paopoom Rojanasakul stated in an official announcement that the carbon tax will be integrated into the existing petroleum tax structure.

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.

Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.

Shell Malaysia has unveiled a significant plan to accelerate its transition towards net-zero emissions by 2050, with a focus on installing solar panels across the rooftops of its more than 600 retail sites.

U.S. energy regulators have rejected an amended interconnection agreement that would have linked an Amazon data center in Pennsylvania directly to a nuclear power plant, a move that could have significant implications for the revival of nuclear energy.

Vietnam's tourism sector is actively promoting low-carbon travel, with local travel agencies introducing green itineraries aimed at minimizing carbon emissions generated by tourists.

Malaysia's AirAsia, plans to impose a mandatory carbon fee on passengers starting next year, pending approval from the respective countries on its routes. If successfully implemented, this will be a first for a Malaysian national airline.

The latest annual report from the international Net Zero Tracker indicates that the number of entities setting net-zero targets continues to rise at regional, city, and corporate levels. However, over 40% of entities have not taken any action, including e

Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.