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Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region
News

Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region

Malaysia is among the hubs in the Asia-Pacific region rapidly emerging as key players in the carbon capture and storage (CCS) sector, according to Rystad Energy.
June 03, 2024
UK carbon trading to include waste-to-energy, carbon removal
News

UK carbon trading to include waste-to-energy, carbon removal

The UK ETS Authority announced on May 23 that it is launching a consultation on the inclusion of waste-to-energy, waste incineration, and carbon removals in the carbon emissions trading system.
May 30, 2024
Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax
News

Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax

Companies in Singapore aiming to offset part of their carbon tax liability will soon be able to purchase carbon credits from projects in Ghana, following an agreement signed between the two countries on May 27.
May 29, 2024
Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits
News

Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits

It will take some time for Sabah to realize the tangible benefits from trading its first carbon credits from the state rainforest, said state Finance Minister Masidi Manjun.
May 28, 2024
Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market
News

Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market

Indonesia has rich and diverse blue carbon resource. CarbonEthics, a local startup,is determined to bring blue carbon onto international trading platforms such as those in Singapore and Japan.
May 27, 2024
U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil
News

U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil

To mitigate the turmoil in the carbon credit market caused by the frequent occurrence of greenwashing incidents, the U.S. Commodity Futures Trading Commission (CFTC) is expected to finalize guidelines for carbon credits as early as September. These guidel
May 24, 2024
Expert sees more room as global carbon pricing revenue hit record $104 bln
News

Expert sees more room as global carbon pricing revenue hit record $104 bln

The World Bank released its "State and Trends of Carbon Pricing 2024" report on May 21, marking the first time Taiwan's carbon pricing policy has been included among the 75 operational carbon pricing instruments globally.
May 24, 2024
Keppel claims the first adoption of carbon mineralized concrete in Vietnam
News

Keppel claims the first adoption of carbon mineralized concrete in Vietnam

To embrace the green building transformation trend, Keppel, Singapore's largest multinational corporation, signed a Memorandum of Understanding (MOU) with Vietnamese concrete company FiCO Pan-United and construction firm Coteccons in early May.
May 23, 2024
How businesses drive data center decarbonization amid growing data volume
News

How businesses drive data center decarbonization amid growing data volume

Leading telecom operator Chunghwa Telecom and uninterruptible power supply (UPS) system provider Eaton shared their solutions to carbon reduction through energy management at a forum titled "Green miracle for data centers" on May 22.
May 23, 2024
Data center operators in Singapore seek more clarity on green roadmap as digital demands grows
News

Data center operators in Singapore seek more clarity on green roadmap as digital demands grows

Data center operators in Singapore aiming to become more environmentally friendly are seeking clearer guidance on a roadmap to reduce energy consumption.
May 22, 2024
Japan passes new legislation to facilitate CCS implementation
News

Japan passes new legislation to facilitate CCS implementation

Japan passed a law on May 17 to establish a permit system for business operators, facilitating the implementation of Carbon Capture and Storage technology, which captures carbon dioxide from industrial emissions and stores it deep underground.
May 21, 2024
Vietnam's steel industry faces challenges with upcoming EU carbon tariffs
News

Vietnam's steel industry faces challenges with upcoming EU carbon tariffs

Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's
May 20, 2024
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