News
News
August 12, 2025
Sarawak leads Malaysia with new energy transition policy focusing on seven low-carbon areas
Sarawak has announced its Energy Transition Policy (SET-P), becoming the first state in Malaysia to introduce a comprehensive strategy of this kind. The policy sets out seven key directions for low-carbon energy development.
August 11, 2025Cross-sector alliance eyes Asia’s first industry-led CCUS hub
BHP, the world’s largest mining company, announced a partnership with leading steel and energy companies to assess the feasibility of establishing a regional CCUS hub in Asia on August 11.
July 23, 2025Japan-Taiwan partnership eyes growing carbon storage demand across ASEAN
Japanese heavy industry firm Kanadevia announced a partnership with Taiwan’s Liang Lian Industries to jointly construct spherical liquefied CO2 storage tanks on July 22. The collaboration targets carbon storage projects in Southeast Asia.
July 15, 2025Singapore selects 3 companies for CCS feasibility studies in power sector
On July 14, the Singapore government announced that three companies, Keppel, PacificLight Power (PLP), and YTL PowerSeraya, have been awarded funding to conduct CCS feasibility studies.
June 11, 2025Epson to launch copier-sized carbon capture device by 2028
Seiko Epson, the Japanese electronics company, is developing a small carbon capture unit roughly the size of an office printer.
May 29, 2025Microsoft and Google are buying in: Over 60% of biochar contracts locked by corporates
Microsoft and Exomad Green ink the largest-ever biochar deal. This milestone brings the once-understated biochar technology into the spotlight as a mainstream tool for carbon reduction. Why is biochar suddenly in the limelight?
May 14, 2025Renewables see relief as GOP tax cuts arrive slower than expected
House Republicans proposed tax reforms reducing incentives for low-carbon. However, the cuts are set to be phased in gradually—less aggressively than markets had anticipated—prompting a surge in renewable energy stocks.
April 25, 2025Mati Carbon wins top prize in Musk-backed XPRIZE carbon removal competition
The winner of the $100 million XPRIZE Carbon Removal competition has been announced. Houston-based startup Mati Carbon has taken the top prize with $50 million for its use of Enhanced Rock Weathering (ERW) technology.
April 16, 2025Microsoft invests in CO280 to remove 3.7 million tons of carbon from paper mill
U.S. tech giant Microsoft is ramping up its carbon dioxide removal (CDR) efforts through a new partnership with climate tech startup CO280. The collaboration leverages a unique carbon capture and storage (CCS) technology to reduce emissions.
March 31, 2025Mizuho joins NextGen as first Japanese bank to invest in carbon removal credits
Mizuho Financial Group has announced its entry into the NextGen platform as a carbon credit buyer, marking a first for Japan’s banking industry.