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Thai Government Aims to Introduce Carbon Tax

Thai Government Aims to Introduce Carbon Tax

by Teuvo Tuomi | Sep 29, 2024 | Climate, Energy, Environment, News, Sustainability, Thailand

The Thai government aims to introduce a carbon tax this year, Deputy Finance Minister Paopoom Rojanasakul says. Mr. Paopoom said the Finance Ministry will soon propose the carbon tax measure to the cabinet for approval, aiming for implementation within months. He said...
Vietnam Considers Developing Nuclear Power

Vietnam Considers Developing Nuclear Power

by Teuvo Tuomi | Sep 13, 2024 | Vietnam, Climate, Energy, Environment, News, Sustainability

Vietnam is considering developing nuclear power to ensure national energy security and support economic growth, according to a government document. Vietnam is a regional industrial hub heavily reliant on coal for power generation. Meanwhile, it’s also boosting...
Floating Solar Power Plant Will Be Built in West Java

Floating Solar Power Plant Will Be Built in West Java

by Teuvo Tuomi | Aug 19, 2024 | Indonesia, Energy, Environment, News, Technology

State-owned PT PLN Indonesia Power is collaborating with a Saudi Arabian company to construct a 60-megawatt floating solar power plant on the Saguling Reservoir in West Java. The project aims to bolster Indonesia’s renewable energy sector, according to the PLN...
Indonesia Partners with China to Increase Gas and Oil Production

Indonesia Partners with China to Increase Gas and Oil Production

by Teuvo Tuomi | Jul 28, 2024 | ASEAN, China, Energy, Indonesia, News, Technology

The Indonesian government is stepping up cooperation with Chinese companies to increase Indonesia’s oil and gas reserves and production, according to Director of Upstream Oil and Gas Business Development Ariana Soemanto. The three stakeholders are the...
Indonesia Will Implement Carbon Tax in Two Phases

Indonesia Will Implement Carbon Tax in Two Phases

by Teuvo Tuomi | Jul 26, 2024 | ASEAN, Business, Climate, Energy, Environment, Indonesia, News, Southeast Asia, Transportation

According to Indonesia’s Coordinating Ministry for Economic Affairs, the country will implement the carbon tax in two phases in accordance with the road map that the government is preparing. “The initial phase of the carbon tax road map is proposed to only...
Vietnam Electricity  Reports Record Loss

Vietnam Electricity Reports Record Loss

by Teuvo Tuomi | Jul 14, 2024 | Vietnam, Business, Economy, Energy, News, Sustainability

Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) has reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on high electricity production costs, including higher fuel prices and rising foreign exchange rates. In 2023,...
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