Regulation

India allocates $4.3b for energy transition

The country aims to reach net-zero carbon emissions by 2070.

India’s National Green Hydrogen Mission gets Cabinet approval

The mission aims to produce 5mmt of green hydrogen annually by 2030.

New UAE law regulates renewables production units link to grid

This is in line with UAE’s plan to diversify renewable energy sources. 

Global commission formed to accelerate approvals of renewables, green hydrogen

It is expected to present its recommendations to the UN General Assembly in September 2023.

South Korea unveils new hydrogen policies

It aims to be a global hydrogen powerhouse.

Renewable energy use may become mandatory for some Indian sectors

The bill will impose carbon trading and minimum consumption of non-fossil fuel sources.

New climate change laws in Australia enters into force

This includes the Climate Change Act 2022 and the Climate Change (Consequential Amendments) Act 2022.

Global gov’t support for fossil fuels almost doubled to $697.2b in 2021

Consumption subsidies for fossil fuels will increase more this year.

ARENA mandate expanded to cover energy efficiency, electrification

Energy efficiency and electrification will help in emissions reduction.

Here are South Korea’s new ‘five-fold’ energy policies

This includes increasing the nuclear energy ratio to 30% by 2030.

IAEA concludes nuclear security mission in Jordan

The mission was held from 20 to 30 June.

Solar tariff to rise by about 21% over the next year: report

This is mainly due to the 40% basic customs duty India levied on solar module imports.

Credible decarbonisation strategy will boost Vietnam’s manufacturing sector

Renewable energy sources are a “conduit for sustainable investments,” said IEEFA.

Probe of solar imports from Southeast Asia may cost US 17.5GW new capacity

The probe involved imports from Cambodia, Malaysia, Thailand, and Vietnam.

Indonesia’s green taxonomy walks a tightrope in balancing industries of the past and the future

Emissions-wary investors should mind the gap in the new three-tier taxonomy.

Why are Asia’s decarbonisation efforts falling short

More than solutions, the markets need stronger energy security and targets, expert claims.