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Global clean energy investments to hit $1.7trln in 2023– IEA
News

Global clean energy investments to hit $1.7trln in 2023– IEA

Investments in clean energy could outpace spending on fossil fuels due to energy security concerns exacerbated by the war in Ukraine, as well as policy support from wealthy countries, according to a new report published by the International Energy Agency
May 29, 2023
Taiwan's EPA takes solid measures against greenwashing
News

Taiwan's EPA takes solid measures against greenwashing

Taiwan’s Environmental Protection Administration (EPA) cautioned local businesses against "greenwashing," which falsely present businesses as environmentally friendly while neglecting negative effects such as greenhouse gas emissions.
May 29, 2023
California asks EPA to approve ban on sales of gas-powered cars by 2035
News

California asks EPA to approve ban on sales of gas-powered cars by 2035

California is urging the Biden administration to approve its plan to mandate all new vehicles sold in the state by 2035 to be either electric or plug-in electric hybrids, according to a letter seen by Reuters.
May 26, 2023
Southeast Asian ride-hailers’ carbon neutrality pledge stumbles as emissions surge
News

Southeast Asian ride-hailers’ carbon neutrality pledge stumbles as emissions surge

Singapore-based Grab and Indonesia's GoTo, the two biggest ride-hailing and delivery firms in Southeast Asia, are falling far behind their carbon neutrality pledge as their greenhouse gas emissions surged in 2022.
May 25, 2023
Vietnam to launch carbon trade exchange in 2028
News

Vietnam to launch carbon trade exchange in 2028

Vietnam plans to officially run a carbon trade exchange in 2028, according to a draft carbon market project in Vietnam conducted by the Ministry of Natural Resources and Environment.
May 24, 2023
G7 embraces LNG to shift away from Russian gas
News

G7 embraces LNG to shift away from Russian gas

The Group of Seven (G7) countries call on the need to ensure energy security through actions including natural gas investments, calling it a "temporary" step as they accelerate the phase-out of our dependency on Russian energy.
May 23, 2023
Octopus Energy to invest £1.5bn in Asia-Pacific renewables
News

Octopus Energy to invest £1.5bn in Asia-Pacific renewables

British firm Octopus Energy Group has announced plans to invest 1.5 billion pounds ($1.21 billion) in the Asia-Pacific energy market by 2027 to accelerate the region's transition to clean energy.
May 22, 2023
Korean companies favor CFE over RE100 campaign
News

Korean companies favor CFE over RE100 campaign

The Korean government and industry have begun to promote the Carbon Free Energy (CFE) system, an initiative promoting 100% energy sources that do not emit greenhouse gases, including nuclear power.
May 22, 2023
India to confront EU Carbon Tax at WTO
News

India to confront EU Carbon Tax at WTO

India intends to file a complaint to the WTO over the EU's proposal to impose a 20% to 35% levy on carbon-intensive imports such as steel, iron ore, and cement from India, according to top government and industry sources.
May 19, 2023
Vietnam approves $135bn power plan for 2030
News

Vietnam approves $135bn power plan for 2030

Vietnam’s Prime Minister Pham Minh Chinh has approved the Power Development Plan 8 (PDP8), which is part of the National Electricity Development Plan 2021-30, after two years of wrangling and revision.
May 19, 2023
EPA proposes new greenhouse gas standards for US fossil fuel-fired plants
News

EPA proposes new greenhouse gas standards for US fossil fuel-fired plants

The Environmental Protection Agency (EPA) on May 11 proposed new limits on greenhouse gas emissions from coal- and gas-fired power plants, a move seeking to reduce pollutants and protect public health.
May 18, 2023
Malaysia allows cross-border renewable PPAs
News

Malaysia allows cross-border renewable PPAs

Malaysia’s Ministry of Natural Resources, Environment and Climate Change and Ministry of Economy have proposed new renewable energy initiatives to drive the development of the country’s renewable energy industry.
May 18, 2023
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