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...
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...
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...
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...
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...
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,...
