The EU’s CBAM, starting in 2027, will impose carbon tariffs on high-emission imports—posing a major challenge to Vietnam’s steel exports. In response, Hoa Phat and VNSteel are stepping up decarbonization efforts and investing in green energy.
Vietnam has taken a significant step in developing its carbon market, unveiling pilot emissions trading plans for three major carbon-intensive industries.
As cities around the world experience the growing impacts of climate change, the need for energy-efficient and sustainable cooling solutions is becoming more important than ever.
On June 10, the government of Sarawak announced a partnership with China’s China Three Gorges International Corporation (CTGI) and Shanghai Electric to jointly develop a large-scale floating solar project at the Bakun Reservoir.
Germany’s most important car industry association VDA has called for a de facto reversal of the EU’s 2035 ban on the sale of new cars powered by a combustion engine, according to media reports.
The Singaporean government estimates that the 2024 carbon tax will generate SGD 640 million (about USD 497 million), more than 30% below the original projection.
Wandering the streets of Shenzhen, a city which has earned the title of China’s “first city of ‘new-energy vehicles’” (NEVs), you will not miss the scene of numerous NEVs parking under slogans promoting “green and low carbon” lifestyles.