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Carbon Management
March 12, 2024
Grab 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.
February 05, 2024Sustainable fuel supply shortage poses a challenge to the aviation industry's net-zero ambitions
Decarbonization is considered the biggest challenge to the sustainable development of the aviation industry. Unexpectedly, the supply of Sustainable Aviation Fuel (SAF) is below expectations, causing anxiety among airline executives.
February 02, 2024MIT team proposes new method for carbon capture from oceans
Massachusetts Institute of Technology (MIT) research team has presented a new carbon capture solution focusing on removing carbon dioxide (CO2) from the oceans worldwide.
February 01, 2024Indonesia’s new CCS rule allowing 30% carbon storage from overseas
Indonesia has issued a presidential regulation regarding carbon capture and storage (CCS), allowing CCS operators to set aside 30% of their storage capacity for imported carbon dioxide.
January 29, 2024Thai PTT new CEO keeps an eye on 5 expansion plans
Thai PTT, the largest national oil conglomerate in Thailand, approved the appointment of Kongkrapan Intarajang, the current CEO of PTT Global Chemical (PTT GC), as the 11th CEO of the group, succeeding Athapol Lerkpaibul In last Friday's (1/25) board meet