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2024 Carbon Forward Asia: In-depth Analysis
Research

2024 Carbon Forward Asia: In-depth Analysis

The development of the global carbon market has received widespread attention. On March 7 and 8 in Singapore, the Carbon Forward Asia event gathered industry experts and scholars to discuss the current market situation and future trends. Participants from
March 21, 2024
CCS market size projected to grow by 104.5 million tons by 2027
News

CCS market size projected to grow by 104.5 million tons by 2027

Carbon Capture and Storage market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a CAGR of 22.91% during the forecast period.
March 20, 2024
Public and private sectors join forces to explore carbon reduction solutions
News

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 19, 2024
Singapore selects ExxonMobil, Shell for CCS project
News

Singapore selects ExxonMobil, Shell for CCS project

Exxon Mobil and Shell have announced a collaboration with the Singaporean government to initiate a cross-border carbon capture and storage (CCS) project. The partnership aims to significantly dimmish Singapore's CO2 emissions.
March 15, 2024
Carbon fee for air travel up to airlines, says Mavcom
News

Carbon fee for air travel up to airlines, says Mavcom

The Malaysian Aviation Commission (Mavcom) is reviewing the Malaysian Aviation Consumer Protection Code 2016 (MACPC) to align with the impending introduction of carbon fee for air travel, expected to be implemented as early as April this year.
March 14, 2024
PLN Indonesia Power advances huge carbon emissions reductions with biomass cofiring
News

PLN Indonesia Power advances huge carbon emissions reductions with biomass cofiring

PLN Indonesia Power reduced 555 thousand tons of CO2 emissions last year by substituting coal with biomass cofiring in coal-powered power plants (PLTU).
March 14, 2024
Rapid decline of blue carbon in Southeast Asia due to human activity
News

Rapid decline of blue carbon in Southeast Asia due to human activity

Southeast Asia’s beaches have long captivated tourist’ attention, yet few have recognized another potential of its vast coastline: the ability of its rich marine life to reach carbon neutrality.
March 12, 2024
Grab accused of greenwashing over its “carbon neutral” fee
News

Grab accused of greenwashing over its “carbon neutral” fee

The Malaysian non-profit organization RimbaWatch pointing out Grab, a Southeast Asian ride-hailing service platform, buying carbon credits through the Katingan Mentaya Project (KMP) have exaggerated offset effects and are suspected of greenwashing.
March 12, 2024
NTT, Mitsubishi launch industry chain decarbonization solutions
News

NTT, Mitsubishi launch industry chain decarbonization solutions

The Decarbonization Expo, running from Feb. 29 through March 1 alongside Japan’s World Smart Energy Week, featured decarbonization and supply chain solutions to help businesses accelerate carbon reduction.
March 11, 2024
SBTi urges companies to accelerate carbon reduction beyond value chain
News

SBTi urges companies to accelerate carbon reduction beyond value chain

Science Based Targets initiatives (SBTi) has released two new reports on Feb. 28. These reports offer clearer guidance for companies to reduce the greenhouse gas (GHG) emissions beyond the value chain (Beyond Value Chain Mitigation, BVCM).
March 11, 2024
Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries
Research

Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries

Carbon Forward Asia took place on March 7 in Singapore to delve into carbon markets in the Asia-Pacific region from the perspectives of developers, consultancies, and academics, alongside discussions on the 29th United Nations Climate Summit (COP29), the
March 08, 2024
Singapore to build world's largest ocean-based carbon capture plant
News

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 08, 2024
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