News
Carbon Management
June 27, 2023
Bumi Armada teams with Navigator to form carbon capture company
Navigator Holdings Ltd. and Bumi Armada Berhad have signed a deal to form a 50-50 joint venture－Bluestreak CO2 Joint Venture－to provide transport services for carbon emissions capture and storage in the United Kingdom.
June 19, 2023Uber’s greener rides to track CO2 savings
Uber, the American ride-hailing company, announced that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions.
June 14, 2023EU develops strategy to expand investment in capturing CO2
The European Commission is working on plans to speed up investment in capturing and storing CO2 emissions, it said on June 9, as the bloc prepares to cut its net greenhouse gas emissions to zero by 2050.
June 12, 20233D printing could be used to make carbon capture filters
New study from North Carolina State University showed that 3D printing may be used to create carbon capture filters.
June 07, 2023UN controversial document sparks global debate on carbon offsets
A draft document to define a new global carbon market released last month by the United Nations elevated nature-based solutions like planting trees while downplaying the role of carbon dioxide removal (CDR) via machines or other forms of technology.
June 06, 2023Carbon markets predicted to face short-term price dips
Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t
June 02, 2023Greenlandic rock flour can capture significant CO2, study finds
Rock flour produced by the grinding under Greenland’s glaciers can capture climate-heating CO2 when spread on farm fields, research has shown for the first time.
May 31, 2023Indonesia hopes to become regional carbon storage hub
The Indonesia Carbon Capture and Storage Center (ICCSC) was established on May 30 with hopes to help propel the country’s agenda to become a regional hub for carbon capture storage (CCS) solution.
May 29, 2023Taiwan's EPA takes solid measures against greenwashing
Taiwan’s Environmental Protection Administration (EPA) cautioned local businesses against "greenwashing," which falsely present businesses as environmentally friendly while neglecting negative effects such as greenhouse gas emissions.
May 25, 2023Southeast Asian ride-hailers’ carbon neutrality pledge stumbles as emissions surge
Singapore-based Grab and Indonesia's GoTo, the two biggest ride-hailing and delivery firms in Southeast Asia, are falling far behind their carbon neutrality pledge as their greenhouse gas emissions surged in 2022.