News

U.S. tech giant Microsoft is ramping up its carbon dioxide removal (CDR) efforts through a new partnership with climate tech startup CO280. The collaboration leverages a unique carbon capture and storage (CCS) technology to reduce emissions.

NGO Environmental Action Germany (DUH) has won separate greenwashing lawsuits against airline Lufthansa and apparel company Adidas on the grounds of misleading consumers with sustainability claims.

Vietnam's business giant Vingroup, globally known for its electric vehicles, is set to enter the energy sector, focusing on wind, solar, and liquefied natural gas (LNG) power plants. The total investment could reach up to $30 billion.

The steel sector is “hard-to-abate”, accounting for about 7% of global carbon emissions, which highlights the importance of low-carbon steel. Companies in Japan, South Korea, and China are actively working on research and development in this area.

TECO Electric & Machinery Co. held an acquisition signing ceremony today (19th) in Kuala Lumpur, Malaysia, with local MEP engineering company NCL Energy Sdn Bhd (hereinafter referred to as NCL).

The Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard." The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2.

Indonesia's government is set to implement a cap-and-trade carbon trading system, with more details expected to be released in August this year.

The plant has a potential role as a sustainable powerhouse, argues Austin Smith, but challenges remain in scaling up its production and trade.