News
Carbon Management
January 31, 2025
Key carbon market trends to watch in 2025
Global carbon emissions are expected to reach a new high in 2024, while the growth of the carbon credit market has stalled. However, the outlook for 2025 remains optimistic, as countries and companies continue to raise their emission reduction targets.
January 20, 2025Google embraces biochar for carbon removal, partners with Indian, US startups
The tech giant Google recently revealed long-term agreements with Indian startup Varaha and U.S.-based Charm Industrial, with plans to buy the equivalent of 200,000 tons of biochar carbon credits by the end of 2030.
January 16, 2025Grab expands EV fleet in Southeast Asia with BYD
Southeast Asian ride-hailing giant Grab has announced plans to expand its electric vehicle fleet and has formed a strategic partnership with Chinese automaker BYD. The goal is to add 50,000 electric vehicles across six Southeast Asian countries.
January 15, 2025Building materials could remove 1.6 billion tons of CO2 per year
Building materials can be carbon sinks, with impressive carbon sequestration potential. Recent studies show that using carbon-storing materials could remove 1.66 billion tons of CO2 from the atmosphere each year.
December 04, 2024AWS to decarbonize new data center with AI innovation
Amazon Web Services (AWS) unveiled new data center components on Dec. 3, including innovations in power supply, cooling systems, and hardware design aimed at supporting the development of next-generation artificial intelligence (AI).
November 29, 2024Startup Captura's ocean carbon capture technology aims to slash costs
The development of carbon capture technology has been slow, partly due to high costs. However, the American startup Captura is developing ocean carbon capture technology that promises to halve these costs.
November 28, 2024Hylife Group invests $11 million in first sustainable factory to earn carbon credits
Hylife Group in Thailand is making a strong push to reduce carbon emissions with a major investment of over THB 400 million (about USD 11.6 million) to establish its first sustainable factory for Hylife Global Foods.
October 30, 2024Vietnam embraces low-carbon tourism with green initiatives
Vietnam's tourism sector is actively promoting low-carbon travel, with local travel agencies introducing green itineraries aimed at minimizing carbon emissions generated by tourists.
October 29, 2024Pertamina launches sorghum pilot project for bioethanol production
Indonesia's state-owned oil company, Pertamina, is launching a pilot project for sorghum cultivation to be used as a bioethanol feedstock, thereby reducing reliance on imported wheat and other grains.
October 25, 2024The challenges of carbon neutrality labelling in China
Product claims regarding carbon neutrality based on offsets are controversial, but better accounting of carbon footprints is on the way.