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Thailand to invest $100M to promote alternative energy

The country’s Energy Conservation Promotion Fund, known as the ESCO Fund, has planned to spend big to encourage Thais to switch to alternative energy. Permanent Secretary of the Energy Ministry Norkun Sitthiphong said on Thursday that the latest meeting of the Board of the ESCO Fund has approved 75 projects, which will be implemented in 2012, to promote the use of alternative energy

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The country’s Energy Conservation Promotion Fund, known as the ESCO Fund, has planned to spend big to encourage Thais to switch to alternative energy. Permanent Secretary of the Energy Ministry Norkun Sitthiphong said on Thursday that the latest meeting of the Board of the ESCO Fund has approved 75 projects, which will be implemented in 2012, to promote the use of alternative energy. All projects were estimated to need more than THE3.2 billion for the implementation altogether.

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Mr. Norkun said that this year’s projects will emphasize the enhancement of the energy utilization efficiency, the development of alternative energy and the development of new strategic plans. He added that these plans is expected to, altogether, help increase Thailand’s alternative energy use from the current level of 12% to 25% of overall energy utilization within 10 years

 

Moreover, the ESCO Fund board meeting also allocated THB200 million to the R&D of alternative energy and another THB200 million to the energy conservation work. Lastly, the meeting has approved THB350 million to be spent on the public relations of energy conservation in Thailand. Read More

Environment

Southeast Asia remains a hot spot for plastic pollution

The use of plastics is deeply embedded in our daily lives, in everything from grocery bags and cutlery to water bottles and sandwich wrap. But the quest for convenience has gone too far and we are failing to use plastics efficiently, wasting valuable resources and harming the environment.

Victoria Kwakwa

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Southeast Asia has emerged as a hot spot for plastic pollution because of rapid urbanization and a rising middle class , whose consumption of plastic products and packaging is growing due to their convenience and versatility.

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Environment

Diamonds are forever but “James Bond Island” in Phang Nga Bay may not

Boris Sullivan

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Thailand’s Department of Mineral Resources will assess the stability of the limestone karst towers, which make up the chain of islands, after several similar rock formations, in both the Gulf of Thailand and the Andaman Sea, have collapsed.

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Environment

Climate Change: how Asia-Pacific will affect the whole planet

Pursuing a green recovery in the aftermath of COVID-19 might sound daunting, but it’s actually a great opportunity to direct recovery spending into stimulating sustainable jobs and growth and fight climate change.

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Forget the poetic flap of a butterfly’s wings in Beijing causing rain in Central Park. Climate change issues in Asia-Pacific are measured in superlatives. The world’s biggest population. Two of the three largest carbon dioxide-emitting countries and the largest share of emissions globally.

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