(Photo: Nanyang Technological University)
Singapore has launched a $60 million lab to drive research and development in low-carbon technologies to help achieve net-zero emissions by 2050.
Launched on April 26, the corporate lab is a collaborative initiative between Nanyang Technological University (NTU), the Agency for Science, Technology and Research (A*Star), and ExxonMobil. It aims to research solutions like carbon capture and hydrogen production.
Speaking at the launch at NTU, Singapore’s deputy prime minister Heng Swee Keat emphasized that transforming carbon-intensive industries, especially energy and chemical sectors, would be a priority.
