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The result of "carbon tax" is as follows:

Pause on steel projects shows challenges of China’s green transition
News

Pause on steel projects shows challenges of China’s green transition

Suspension can temporarily contain increasing capacity, but the real issue lies in the slowing of the industry’s decarbonisation.
December 31, 2024
VinFast's Xanh SM electric taxi launches in Indonesia
News

VinFast's Xanh SM electric taxi launches in Indonesia

The parent company of “Vietnamese Tesla” is actively broadening its electric taxi service throughout Southeast Asia. On December 19, the company officially launched its service in Indonesia’s capital, Jakarta, featuring a fleet entirely made up of electri
December 25, 2024
Singapore’s innovation turns concrete into carbon storage solution
News

Singapore’s innovation turns concrete into carbon storage solution

Singapore has developed a 3D printing technology that not only produces concrete with better carbon sequestration capabilities but is also stronger and more durable than traditional materials.
December 24, 2024
‘Phantom’ rice projects expose voluntary carbon market failings
News

‘Phantom’ rice projects expose voluntary carbon market failings

Amid accusations of fraud, lax auditors and problematic offset certifiers, is the carbon credit market still … credible?
December 23, 2024
Thailand exempts land tax to boost blue carbon in mangrove forests
News

Thailand exempts land tax to boost blue carbon in mangrove forests

Recently, Thailand amended tax laws to encourage mangrove restoration, with plans to exempt land taxes on green area, such as mangrove forests, starting in 2025.
December 23, 2024
Mitsubishi eyes Vietnam's green energy market with LNG, low-carbon technologies
News

Mitsubishi eyes Vietnam's green energy market with LNG, low-carbon technologies

Vietnam's renewable energy sector is booming, and Japanese companies operating locally are noticing the shift.
December 19, 2024
Malaysia's banks accelerate carbon reduction with solar, financing projects
News

Malaysia's banks accelerate carbon reduction with solar, financing projects

Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.
December 18, 2024
Southeast Asia's carbon market could reach $3 trillion by 2050, says ASEAN report
News

Southeast Asia's carbon market could reach $3 trillion by 2050, says ASEAN report

Southeast Asia's carbon market potential remains largely untapped. A recent report highlights that over the past 15 years, carbon credits provided by the ASEAN region have accounted for only 7% of the global carbon market.
December 13, 2024
Thailand cuts taxes to encourage hybrid EV production
News

Thailand cuts taxes to encourage hybrid EV production

To expand the development of electric vehicles (EVs), the Thai government has passed a new tax system aimed at hybrid electric vehicles (HEVs) and mild hybrid electric vehicles (MHEVs), offering conditional excise tax reductions for manufacturers.
December 06, 2024
AWS to decarbonize new data center with AI innovation
News

AWS to decarbonize new data center with AI innovation

Amazon Web Services (AWS) unveiled new data center components on Dec. 3, including innovations in power supply, cooling systems, and hardware design aimed at supporting the development of next-generation artificial intelligence (AI).
December 04, 2024
Vietnam restarts Ninh Thuan nuclear project after 8-year suspension
News

Vietnam restarts Ninh Thuan nuclear project after 8-year suspension

Vietnam's National Assembly has approved the revival of nuclear power, with plans to develop nuclear energy to expand the use of low-carbon energy and achieve the national net-zero target by 2050.
December 02, 2024
Startup Captura's ocean carbon capture technology aims to slash costs
News

Startup Captura's ocean carbon capture technology aims to slash costs

The development of carbon capture technology has been slow, partly due to high costs. However, the American startup Captura is developing ocean carbon capture technology that promises to halve these costs.
November 29, 2024
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