News

With a coastline extending over 3,000 kilometers, Vietnam, blessed with a unique geographical environment, is actively exploring new opportunities in blue carbon.

Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.

American tech giant Google has announced a partnership with carbon capture startup Holocene, signing a contract worth up to $10 million. Starting in 2030, Google plans to purchase carbon credits at a very low price of $100 per ton.

The Malaysian government announced its first aviation industry carbon reduction plan, which proposes four major carbon reduction measures for airlines.

Data center startup Sustainable Metal Cloud has introduced an immersion cooling system that reportedly slashes energy consumption by 50% and reduces installation costs by 28% compared to traditional liquid cooling systems.

Taiwan’s Carbon Shuttle Technology has developed a new material that reduces carbon emissions by 66% and lowers the need for incineration.

The purchase of blue carbon credits should only be considered if directly remediating environmental damage is not possible, experts say.

Google's previously acclaimed operational carbon neutrality was disrupted last year. Instead of relying on carbon offset, Google is now focusing on developing carbon removal technologies to compensate for the remaining emissions they can't reduce.

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.

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.