THE country's planned expansion of "captive" coal plants used to power industry is threatening its pledge to cut CO2 emissions by 2030 and close all coal-fired plants by a decade later, said a report.
PETALING JAYA: CIMB Group Holdings Bhd has entered into a strategic memorandum of understanding with Gentari Sdn Bhd via its subsidiary, Gentari Green Mobility Sdn Bhd, to drive green mobility and value chain decarbonisation across Asean.
Further efforts are expected to improve mutual recognition of certificates regarding proof of green energy use between China and Europe to support economic and trade exchanges, as more economies are implementing carbon pricing mechanisms for imported goods, says officials and experts.
KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) is allocating up to RM1bil to finance oil and gas services and equipment (OGSE) suppliers under the PETRONAS Suppliers Support Programme (PSSP).
KUALA LUMPUR: Malaysia is targeting net zero emissions in its aviation sector by 2050 through the launch of a decarbonisation plan, its transport ministry said on Thursday.
PUTRAJAYA: A roadmap to guide the local aviation sector on adopting sustainable aviation fuel (SAF) will be launched in September, says Anthony Loke.
KUALA LUMPUR: The government will accelerate the establishment and adoption of decarbonisation initiatives with the setting up of a National Decarbonisation Committee.
UEM Lestra Bhd, a wholly owned subsidiary and the green arm of UEM Group Bhd, has allocated RM1.5bil, which it aims to deploy in the next 24 months, to invest in decarbonising Malaysia’s industrial parks.
A delay in setting decarbonisation targets and associated transition plans is credit-negative for companies, Moody’s saysCompanies face higher leverage and operating costs, diminishing demand for products and curtailed market access, analysts say
KUALA LUMPUR: The government has agreed to establish a National Decarbonisation Committee involving state governments and relevant stakeholders to ensure a balanced and orderly transition to low-carbon development.
SAIC Motor, Changan Automobile and Great Wall Motor fare relatively poorly in Greenpeace ranking despite shifting to EVs faster than global peersLegacy carmakers must phase out fossil-fuel cars faster, after gas guzzlers accounted for 94 per cent of their 2022 sales, organisation says
KUALA LUMPUR: Universiti Teknologi PETRONAS’ (UTP) inaugural Technology Day, TechConnect 2023, linked innovators with potential funders to help accelerate decarbonisation and sustainability solutions.
CANBERRA: Australia wants to become a renewable energy superpower by helping countries in the region decarbonise and sharing its green hydrogen and renewable energy.
KUALA LUMPUR: Sunway Bhd aims to accelerate its decarbonisation efforts towards achieving net zero and remain committed to communicating with transparency with all the stakeholders.
DUBAI: BlackRock has agreed to invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on Monday.
The Greater Bay Area leads in issuing green bonds and loans nationwide, according to speakers at a GBA forumFavourable policies and increasing awareness of social responsibility are driving the momentum of green development in the region, experts say
The Greater Bay Area leads in issuing green bonds and loans nationwide, according to speakers at a GBA forumFavourable policies and increasing awareness of social responsibility are driving the momentum of green development in the region, experts say
KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas), Gentari Sdn Bhd, Amazon and Amazon Web Services (AWS) will collaborate on sustainability and decarbonisation initiatives in the accelerated global energy transition.
BANDAR SERI BEGAWAN (Borneo Bulletin/Asia News Network):Minister at the Prime Minister’s Office and Minister of Defence II Major General (Rtd) Dato Paduka Seri Awang Halbi Mohd Yussof attended the Asia-Pacific Economic Cooperation Energy Ministerial Meeting (Apec EMM) at the Seattle Convention Center in Seattle, United States (US), on Aug 15 and 16.