News
October 03, 2022
Malaysia 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.
September 29, 2022Queensland to shut coal plants by 2035
Queensland, one of Australia's biggest coal-producing states, announced on Sep. 28 an A$ 62 billion ($40 billion) clean energy plan to end its reliance on fossil fuels and convert its coal-fired power stations to renewable hubs by 2035.
September 28, 2022ESG investors consider measuring Scope 4 emissions
Amid global race to net-zero emissions, Environmental, Social, and Governmental (ESG) investors are now considering how Scope 4 emissions can be integrated into their portfolio analysis.
September 26, 2022Low-carbon rice production could help Vietnam meet 2030 emission target
According to a new World Bank report, low-carbon rice production offers great potential for Vietnam to achieve its target of reducing methane emissions by 30% by 2030 while improving the competitiveness of a strategic export product.
September 23, 2022Iron ore giant Fortescue pledges to go green by 2030
Australian resource giant Fortescue Metals Group, one of the world’s biggest iron ore producers, has unveiled a $6.2 billion plan to transition to renewable energy by 2030. Its billionaire owner Andrew Forrest has urged other heavy industries to follow su
September 22, 2022New KARB ETF opens door to global compliance carbon markets
Carbon Fund Advisors Inc has launched the Carbon Strategy ETF (KARB) on the NYSE to provide investors with exposure to carbon markets.
September 21, 2022South African businesses propose revisions to carbon tax rates
The Energy Council of South Africa and other business representatives have jointly proposed recommendations to South African government for the country’s carbon tax scheme under the draft Taxation Laws Amendment Bill.
September 20, 2022Vietnam needs new FiT to boost biomass investment, say experts
Despite an existing feed-in tariff (FiT) for deepening biomass energy investment in Vietnam, some experts advise that a new scheme must be paired with other legal incentives to ensure a more significant share in the country’s energy mix.
September 19, 2022OCC designates its first-ever “climate cop”
The U.S. Office of the Comptroller of the Currency (OCC) has appointed Dr. Yue (Nina) Chen as its first chief climate risk officer to manage climate-related financial risks.