Kinergy Advancement Bhd (KAB) has inked a memorandum of understanding (MoU) with Alliance Bank Malaysia Bhd (ABMB) to offer its expertise and resources in sustainable energy technologies and manage carbon emission
Asia's coal sector has gone from thinking they are in terminal decline as the world shifts to a net-zero carbon future to seeing themselves as being a part of the energy mix for decades to come, while raking in profits.
Singapore’s central bank released a proposal on the issuance of novel carbon credits tied to the phase out of coal-fired power plants (CFPPs), a move to ramp up financing for energy transition projects in Asia.
Solar stocks have been some of the hardest hit equities in US markets this year, with several major solar firms nursing stock price losses of more than 50% and a major solar-based exchange-traded fund (ETF) down roughly 30%.
Government policies to fight climate change are discouraging oil companies from investing heavily in new production even as they turn in record profits – a dynamic that could spell tight supply and high prices as clean energy alternatives seek to fill the void.