Our latest report is out! 🔥 #FreeDownload 👉 https://t.co/UejMcJ3v9K
Is the path to #NetZero paved with higher prices? We dive into #Greenflation, from rising housing costs to the iPhone defying carbon costs. See how carbon fees shape key markets📈🌱
Thailand's🇹🇭 #Hylife Group is investing over $11.6M to build its first sustainable #food processing plant. Featuring #RooftopSolar and biogas power, the facility will cut carbon emissions by 1,000–1,200 tonnes annually and aims to earn carbon credits. 👉https://t.co/AcpBq12E2O
The Philippines'🇵🇭 More Power has launched a one-stop service center in Iloilo City to simplify #NetMetering and #DistributedEnergyResources (DER) applications, encouraging renewable energy adoption. 👉https://t.co/DiEriLcnKO
At INC-5, nations push for a global treaty to curb #plastic pollution, which drives 5% of global emissions. Talks focus on limiting production, boosting recycling, and adopting greener materials, but resistance from oil nations looms. 👉https://t.co/DO6Ra260tO
UN's Global Plastics Treaty may reshape Vietnam's recycling economy.🇻🇳 Minh Khai's "Waste Millionaire Village" thrives on imports, but only 30% of plastic waste is recycled—most ends up in landfills. 👉https://t.co/T32OWdZYGi
Nations meet in Busan, South Korea🇰🇷 for #INC5, aiming to finalize a global treaty on #plastic pollution. Key divides remain over production cuts, funding, and enforcement. Will this pivotal moment lead to action or more delays? 👉 https://t.co/kvg0pb2SbP
Indonesia🇮🇩 sets a 2050 net-zero target, 10 years ahead of schedule. @IESR calls for an 11% coal reduction by 2030 and $1.2 trillion investment in storage and grids. Can JETP funding drive this ambitious transition? 👉 https://t.co/N1PTn80Cn6
📈 November Carbon Price Tracker📉
#EUA🇪🇺 Rebounds with market recovery and upcoming shipping emissions regulations, with year-end volatility expected.
#CEA🇨🇳 Prices hit a new high, driven by early purchases, reluctance to sell, and policy support.
👉 https://t.co/3yFprL5OkY
Tesla earned 34M carbon credits in 2023, doubling its 2022 total. Yet, stricter EPA rules left the U.S. auto industry with an 11M-ton emissions deficit, with @GM topping the list. Despite buying 44M credits, GM faced a $146M fine for exceeding limits. 🚗 https://t.co/KbnpAyv4nR
Malaysia's🇲🇾 2024 Energy Efficiency and Conservation Act (#EECA) targets energy-intensive buildings, tackling 66% of industry energy use. While a boost for decarbonization, high retrofitting costs prompt calls for subsidies to accelerate the transition. 👉 https://t.co/qcAwwNPbSu
Brazil’s🇧🇷 COP29 pledge targets up to 67% emissions cuts by 2035, zero deforestation by 2030, and expanded renewables. Critics say it lacks 1.5°C ambition and clear fossil fuel phase-out plans. Can #COP30 in Brazil solidify its climate leadership? 👉 https://t.co/9czEGUf8rI
Southeast Asia faces tough energy choices as #Trump’s policies focus inward, while #China dominates renewables and critical minerals. U.S. retrenchment leaves China as the key partner in the region’s energy transition. 👉https://t.co/uA1X9YsS9N
#COP29 wraps up with a $300B climate finance deal, yet many nations remain unsatisfied. UN carbon market approved, but fossil fuel phase-out talks delayed to 2025. All eyes now on #COP30 in Brazil to tackle biodiversity and new climate targets. 👉https://t.co/iZWPT27ydr
Indonesia🇮🇩 targets net-zero by 2050, phasing out fossil fuels in 15 years. Backed by $235B for renewables and $65B in carbon credits, President Prabowo aims to lead on climate, but 80% reliance on fossil fuels poses big challenges . 👉https://t.co/Y8P9qtkkuv
At #COP29, climate finance takes the spotlight. Developing nations seek $6 trillion by 2030, while #China defends its role as both donor and recipient, highlighting $34 billion in global support. 👉https://t.co/GMy4uj5mdM
At #COP29, Azerbaijan’s climate finance draft proposes $200B-$1.3T for the new #NCQG, sparking debates on contributions and funding. Developed nations push for private-sector funds, while #China and #Singapore reject expanded responsibilities. 👉https://t.co/YT6h67IxJO
India🇮🇳 and key nations, including the U.S. and Germany, have dropped plans for a coal-focused #JETP, citing India’s concerns over debt-heavy terms and coal reliance. Talks now shift to renewable energy financing 👉 https://t.co/tOpQb0RTft
The EU’s🇪🇺 CBAM faces backlash for raising local costs and shifting burdens onto developing nations. Officials eye revisions to support industries like steel, with solutions expected by 2026. BASIC countries demand delays or abolition. 👉 https://t.co/6EkxbhEeVd
The UK🇬🇧 closes the last #coal plant, setting a global example for energy transitions. Early targets and worker reskilling were key. Can nations like Indonesia follow suit? 👉https://t.co/E9MB4TfWrS
At #COP29, the Philippines🇵🇭 leads the "Loss and Damage Fund" and calls for $1.3 trillion annual #ClimateFinancing, stressing its vital role for typhoon-prone nations' survival. 👉https://t.co/AmY95yOKWP
Singapore🇸🇬 aligns its green finance taxonomy with the #EU and #China under the M-CGT, boosting cross-border investments in 110 activities. ASEAN has also updates its taxonomy with criteria for transport and construction. 👉https://t.co/LvPgWUPJHF