EU Parliament edges forward deal on Net Zero Industry Act

The European Parliament is gearing up for the second round of negotiations on the EU’s plan to support domestic manufacturing of green technologies, with the next rounds of negotiations scheduled for 22 January and 6 February.

Recto seeks best economic carbon pricing approach

Finance Secretary Ralph Recto said an “economically sensitive” carbon pricing policy needs to be in place for the country to effectively manage its carbon emissions and meet its target reduction commitments.

New green power tariff forecast to boost investment flows

A green utility tariff (GUT), which will be used to calculate the prices of electricity generated from renewable fuels, is expected to help boost domestic and foreign investment once the rates and conditions are finalised on Jan 23.