Tag: living fossil
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Why Are Many Businesses Buying Carbon Credits Instead of Reducing Emissions Themselves?
In the midst of a growing global push for Net Zero commitments, the carbon credit market is experiencing a surge in demand from businesses. A prevalent trend sees companies opting to purchase carbon credits as an alternative or supplementary solution, rather than solely focusing on direct emission reductions in their production operations. This development raises questions about the motivations behind these decisions and the potential implications for the trajectory towards achieving net-zero emissions by 2050.
The New Regulations on the Development Mechanism for Gas-fired Power Projects
The government has recently issued Decree No. 100/2025/ND-CP dated May 8, 2025, amending and supplementing Decree No. 56/2025/ND-CP dated March 3, 2025. This new decree provides detailed regulations on power development planning, electricity network development schemes, investment in power projects, and bidding for the selection of investors in power business projects.
“Consecutive Failure to Perform: A Two-Strike Policy for Civil Servants”
Based on specific performance evaluations, the amended Law on Officials and Civil Servants clearly stipulates the consequences for civil servants who fail to fulfill their duties. Specifically, the amended draft law states that "a civil servant shall be dismissed if they receive a performance evaluation of 'not meeting expectations' for two consecutive years."
