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Indonesia’s Financial Services Authority (OJK) is optimistic that carbon exchange will continue to grow in 2024. As of Nov 30 in 2023, the trading volume on IDX Carbon reached 494,000 tons of CO2e, with a transaction value of IDR 30.91 billion.

Sarawak Energy Berhad (SEB) has become the first major corporation in Malaysia to receive international recognition as the Science Based Target Initiative (SBTi) validates the state-owned energy firm’s near-term carbon emissions reduction target.

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.

A World Bank-backed project has been criticised by rice farmers for high costs and poor returns. Can its proposed second phase salvage things?

The power sector in Malaysia is expected to see a proliferation of solar projects in 2024, as households and companies seek to lower electricity bill and reduce carbon footprint.

Thai electric bus operator, Energy Absolute, announced on Jan 8 that it had sold the first carbon offsets under a new system established by the Paris Agreement to a Swiss fossil fuel group, a major landmark for putting into action the UN climate accord.

As demand for decarbonization grows, discussions surrounding carbon capture have gained momentum. However, the technology has also drawn mounting opposition.

According to the report from Indonesian government, the country’s green hydrogen potential is projected to reach 185,101 GWh by 2060. The report also pledges that Indonesia aims to become a green or low-carbon hydrogen exporting country as early as 2030.

Pertamina and Japan’s JERA have signed a Memorandum of Understanding (MoU) to work on business opportunities, focusing on enhancing the value of the fuel value chain and infrastructure investment in low-carbon fuels like LNG, hydrogen and ammonia.

A recent report from the Malaysia Investment Bank suggests that in the next 5-10 years, listed companies in ASEAN countries will significantly adopt green energy, especially as global pressure to reduce carbon intensity continues to rise.

Energy officials in Thailand are drafting a new national oil plan to cover the development of sustainable aviation fuel (SAF), targeting to support the aviation industry's goal of lowering carbon dioxide emissions.

American musician Taylor Swift has been taking the world by storm with her successful Eras tour, but critics are raising concerns about the negative impact on the environment due to her frequent air travel.