It requires the engagement of different stakeholders to ensure that carbon neutrality is achieved realistically and sustainably. Amid international efforts against climate change, Vietnam’s public and private sectors have made commitments to reduce their impact on the environment in the context that the country is among one of the most affected by global warming But how can carbon neutrality be achieved realistically and sustainably? Bamboo is biomass that captures CO 2 from the atmosphere effectively. Carbon neutrality is a state of net zero carbon emission, by cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance. Replacing polluting coal, gas, and oil-fired power with energy from renewable sources, such as wind or solar, would dramatically reduce carbon emissions. As well as deep and widespread cuts in emissions, for carbon neutrality to be … [Read more...] about Vietnam attempts to realize carbon neutrality commitment
Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path. Vietnam’s Prime Minister Pham Minh Chinh has set a deadline for sectors to build plans for their sustainable development within the first quarter (Q1) of this year as part of efforts to materialize the country’s sustainable development. Vietnam’s Prime Minister Pham Minh Chinh speaks at COP26 in Glasgow, the UK in November 2021. Photo: VNA The PM demanded in Q2 a comprehensive program to implement Vietnam’s net-zero target that he pledged at the 2021 United Nations Climate Change Conference in Glasgow (COP26) in November 2021. Accordingly, authorized agencies are tasked with eight issues, namely energy transition, reducing greenhouse gas emissions; lowering methane emissions; developing electric cars; planting forests to absorb carbon dioxide; building construction materials and urban development suitable for green and sustainable … [Read more...] about [Net-zero strategy] Which way is possible for Vietnam’s net zero journey?
French oil company TotalEnergies will provide industrial property developer KCN Vietnam with solar panels which are expected to help the Southeast Asian country cut 23,390 metric tons of carbon dioxide emissions per year, according to Nikkei Asia. The deal will put 280,000 square meters of solar panels on factory and warehouse roofs in southern Dong Nai Province, pumping out 51 gigawatt-hours of electricity a year, KCN said in a Tuesday news release that did not give a price tag. TotalEnergies will operate the photovoltaics for 20 years, cutting 23,390 metric tons of carbon dioxide emissions per year, KCN said. “We have been looking for a reliable and experienced partner to help provide clean energy to our tenants,” Nikkei Asia quoted KCN CEO Huynh Buu Tran as saying. “It has been a long journey, but we finally signed the [memorandum of understanding] with TotalEnergies.” Vietnam previously pledged to reach its net-zero carbon emissions target by 2050 at the UN Climate … [Read more...] about Vietnam to cut 23,390 tonnes of CO2 emissions per year with French solar power project
The head of the European Space Agency (ESA) has warned economic damage from heatwaves and drought could dwarf Europe's energy crisis as he called for urgent action to tackle climate change. Director General Josef Aschbacher told Reuters successive heatwaves along with wildfires, shrinking rivers and rising land temperatures as measured from space left no doubt about the toll on agriculture and other industries from climate change. "Today, we are very concerned about the energy crisis, and rightly so. But this crisis is very small compared to the impact of climate change, which is of a much bigger magnitude and really has to be tackled extremely fast," he said. He was speaking in an interview as heatwaves and floods generate concerns over extreme weather across the globe. More than 57,200 hectares have been swallowed by wildfire in France this year, nearly six times the full-year average. In Spain, a prolonged dry spell made July the hottest month since at least 1961. … [Read more...] about Climate risks dwarf Europe’s energy crisis, space chief warns