News
News
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.
March 05, 2024
Vietnam plans to set carbon emission quotas for cement and steel industries
After selling a considerable of carbon credits through the World Bank, the Vietnamese government is more optimistic about the prospects of the carbon credit market. According to statistics, Vietnamese corporations and organizations generate 41 million car
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.
February 17, 2024
Vietnam’s FPT works with Japan’s Carbon EX to compete in the carbon market
FPT Group has announced its cooperation with Carbon EX, a Japanese carbon credit trading platform, to develop carbon market in Vietnam and establish carbon credits that meet international standards and provide solutions for green transformation.
February 07, 2024
Climate experts raise $12 million for the world’s first carbon credit insurance company
CarbonPool is set to be the first insurance company in the world with a carbon credit balance sheet. The firm announced the closure of a $12 million funding round on Jan. 29.
February 06, 2024
Microsoft buys soil carbon storage credits from nature-based startup
Microsoft signed another carbon removal agreement to help accelerate its climate goals. The tech giant made a deal with Grassroots Carbon, a startup offering nature-based soil carbon storage solutions, for soil carbon removal drawdown credits.
January 25, 2024
Vietnam's first carbon credit program starts this fall
Lilama 2 College has announced its collaboration with British-based Pearson BTEC, to introduce a carbon credit academic program, and become the first educational institute in Vietnam to offer a carbon credit academic program.