#carbon tax News

Ravi Menon at Unlocking capital for sustainability 2024
Citing estimates, former central banker Ravi Menon says a carbon price of just US$20 per tonne could halve Southeast Asia's deforestation rate. At the Unlocking capital for sustainability 2024 summit, he cautioned that Asia cannot compromise on emissions cuts even as it pursues growth. The loss of carbon sinks has "serious implications".
Ed Tongson WWF Philippines
Putting a direct and pre-defined price on fossil fuel emissions will generate more revenue and is not as expensive as setting up a cap and trade scheme, mooted under a new low carbon economy bill, says Edgardo Tongson, WWF Philippines' sustainable finance lead.
Refuelling a car
A new report recommends ending fossil fuel subsidies and implementing a carbon tax with transfers to support vulnerable, low-income groups could positively impact Malaysia's gross domestic product.
Bursa carbon forum
Regulation is a crucial factor that investors consider before funding carbon projects, experts said at a recent event in Malaysia. Developers argue that the system does not need to be perfect to kickstart projects.
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#carbon tax Opinion

shipping industry emission
While shipping is essential to the global economy, so is reducing the associated pollution. Requiring shipping companies to pay for their vessels’ greenhouse-gas emissions would go a long way toward advancing this objective, while generating much-needed revenues for climate-vulnerable developing countries.
Burgos solar and wind farm
House Bill 7705, the low carbon economy bill, could help the climate-vulnerable nation seize the economic opportunities that come with decarbonisation.
Prabowo_Indonesia elections
Non-populist policies pose risks for politicians. Prabowo Subianto, who has claimed victory in the Indonesian presidential elections, is looking at creating five million green jobs, but stops short of pledging to phase out fossil fuels subsidies.
a medley of flags
Investors now need to be fully aware of the environmental and social implications of geopolitics – or else remain oblivious to the risks and opportunities. ESG must become ESGG.
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#carbon tax Videos

Achim Steiner talking at the Responsible Business Forum in Singapore. Image UNDP Asia Pacific
The IPCC's climate warning is an opportunity for the business world to show leadership, said UNDP's Achim Steiner in the opening speech at the Responsible Business Forum in Singapore.
Leo before the flood
Before the Flood presents Oscar-winning actor and environmentalist Leonardo DiCaprio's three-year journey to every corner of the globe to document devastating climate change impacts, and what humanity must do to reverse it.
US military aid in Haiyan relief efforts
Yeb Saño, head of the Climate Change Commission of the Philippines, attributes typhoon to climate change and calls for international community to implement a 'loss and damage' mechanism
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#carbon tax Podcasts

Earth for all podcast
"Earth For All" is an update to the landmark 1972 book that warned of our unsustainable growth. Jørgen Randers, the author who worked on both titles, tells Eco-Business what is at stake if we don't fix our broken economic system.
COP26 podcast
The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.
Accountancy
A recent study found that 9 in 10 accountants want companies to be more sustainable after the pandemic. Eco-Business asked Association of Chartered Certified Accountants sustainability head Jimmy Greer about reinventing capitalism and making the numbers of net zero commitments add up.
Red ship on the ocean
EB Studio [The EB Podcast] In the third episode of the series Tomorrow’s cities: Engineering the energy transition, we explore how the shipping industry is charting a course to a low-carbon future.
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