News
News
April 08, 2024
Thailand promotes rubber plantation carbon credits for sustainable agriculture
Rubber Authority of Thailand has launched a rubber plantation carbon credit program with the goal of achieving carbon neutrality for 3.2 million hectares of registered rubber plantations in the country and further converting them into carbon credits for s
April 03, 2024
Vietnam’s ministry says carbon credits are sold at acceptable price
There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.
April 02, 2024
Vietnam Rubber Group evaluates rubber forest carbon for commercialization
The Vietnam Rubber Group (VRG) is optimistic about the carbon market. As outlined in its "2024 Green Growth and Sustainable Development Action Plan" announced on March 27, VRG will assess the feasibility of developing carbon credits from rubber forests.
April 02, 2024
Africa’s largest exchange to initiate carbon credit trading
JSE Ltd., the largest stock and bond exchange in Africa, plans to begin trading carbon offset credits in the next two months.
March 26, 2024
Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations
Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.
March 25, 2024
Advantech to advance into renewable energy, carbon credit procurement services
Taiwan-based industrial PC (IPC) maker Advantech has introduced the WISE-iEMS system, utilizing generative AI technology to proactively provide energy-saving strategies, promoting the sustainable transition of the industrial chain.
March 19, 2024
Public and private sectors join forces to explore carbon reduction solutions
Business Today held the 4th ESG Sustainability Taiwan International Summit in Taipei on March 18, inviting government bodies as well as Taiwanese companies to share their low-carbon practices.
March 08, 2024
Singapore to build world's largest ocean-based carbon capture plant
The National Water Agency along with the University of California, Los Angeles (UCLA), and the American startup Equatic, announced on Feb. 28 a $20 million investment to construct the largest-ever offshore carbon removal facility in Tuas, Singapore.
February 26, 2024
World's most expensive carbon credits in Thailand's first forest initiative
The Bank for Agriculture and Agricultural Cooperatives (BAAC) in Thailand has bought 400 tons of carbon credits at what is considered the world's highest price for such a project.
February 22, 2024
Tesla achieves record breaking sales of $1.79 billion from carbon credits
Tesla earned $1.79 billion from carbon credit sales last year, as disclosed in its Q4 2023 and annual financial report, bringing its total earnings from such credits since 2009 to nearly $9 billion.