News
Carbon Management
April 01, 2024
Dutch court rules KLM green claims was greenwashing
District Court of Amsterdam determined on March 20 that an advertising campaign for Sustainable Aviation Fuel and other environmental measures by the Dutch flag carrier, KLM, was deemed "greenwashing."
March 27, 2024Malaysian startup supplies EV firm greener graphite with agriculture waste
A Malaysian energy startup is ready to assist electric vehicle (EV) manufacturers in obtaining a crucial component from sources other than China by using agricultural waste to produce graphite.
March 15, 2024Singapore 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 13, 2024Court rules Danish Crown’s “climate-controlled pork” misleading consumers
Denmark’s high court has ruled that Danish Crown, Europe’s largest pork producer, deceived customers through its “climate-controlled pork” campaign, marks the first climate lawsuit in the country.
March 12, 2024Grab 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 08, 2024Singapore 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.
February 17, 2024Indonesia rolls out free carbon tracking system for Southeast Asian businesses
East Ventures and The Indonesian Chamber of Commerce and Industry launched ECOVISEA. The platform acts as a free web-based global greenhouse gas (GHG) calculator.
February 16, 2024Vietnam plants over 700 million trees in last three years
Afforestation is one of the most direct ways to increase carbon sink. Vietnam planted nearly 770 million trees in 2021-2023, achieving 77% of its goal to plant one billion trees in the 2021-2025 period.
February 07, 2024Climate experts raise $12 million for the world’s first carbon credit insurance company
CarbonPool is set to be the first insurance company in the world with a carbon credit balance sheet. The firm announced the closure of a $12 million funding round on Jan. 29.
February 06, 2024Microsoft buys soil carbon storage credits from nature-based startup
Microsoft signed another carbon removal agreement to help accelerate its climate goals. The tech giant made a deal with Grassroots Carbon, a startup offering nature-based soil carbon storage solutions, for soil carbon removal drawdown credits.