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March 01, 2024

Carbon emission trading is best for Philippines: business group

The Philippine government is currently deliberating on how to implement carbon pricing, considering options between a carbon tax or an Emissions Trading System (ETS). The influential Makati Business Club (MBC) has publicly supported the latter and emphasi
January 15, 2024

Thailand ready for carbon tax, aligning with World Bank's five principles

Thailand is preparing to join the league of countries implementing a carbon tax. Ministry of Finance revealed that the department has been collaborating with both domestic and international organizations to draft carbon tax regulations.
January 03, 2024

Singapore’s electricity prices rise due to higher carbon tax

Singapore’s gas and electricity prices have risen due to the impact of higher carbon tax, goods and services tax (GST) increments, and rising energy costs.
December 28, 2023

Philippine Congressional think tank questions need for carbon tax

The latest report from Philippine Congress think tank indicates that the Philippines has relatively lower carbon emissions, suggesting that imposing a carbon tax may not be necessary.
December 19, 2023

UK to launch carbon brooder tax on imports by 2027

Britain will introduce a new carbon import levy on certain products from 2027 to protect local businesses against cheaper imports from countries with less strict climate regulations, the government announced on Dec. 18.
November 17, 2023

UK plans to introduce carbon border tax in 2026 following EU’s CBAM

In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.
October 05, 2023

Singapore sets eligibility criteria for carbon credits to offset firms' carbon tax

Singapore set out the eligibility criteria governing international carbon credits that companies can purchase to offset their taxable carbon emissions.
October 03, 2023

Indonesia maturing carbon tax regulation in response to EU’s CBAM

The Indonesian government is still working on finalizing its carbon tax regulation, which aims to anticipate the EU’s CBAM that will be fully implemented in 2026.
October 02, 2023

EU launches transitional phase of CBAM, world's first carbon tariff

EU launched the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement, and other goods as it tries to stop more polluting foreign products from impeding its green transition.
September 14, 2023

RECCESSARY seminar offers guides to purchasing green power in SEA region

Reccessary brought together roughly 50 professionals from manufacturing, energy, and financial service sectors, as well as the consulting industry in Taipei on Sept. 13 to navigate the path to a sustainable supply chain.

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