News
News
June 11, 2025
Epson to launch copier-sized carbon capture device by 2028
Seiko Epson, the Japanese electronics company, is developing a small carbon capture unit roughly the size of an office printer.
May 29, 2025Microsoft and Google are buying in: Over 60% of biochar contracts locked by corporates
Microsoft and Exomad Green ink the largest-ever biochar deal. This milestone brings the once-understated biochar technology into the spotlight as a mainstream tool for carbon reduction. Why is biochar suddenly in the limelight?
May 14, 2025Renewables see relief as GOP tax cuts arrive slower than expected
House Republicans proposed tax reforms reducing incentives for low-carbon. However, the cuts are set to be phased in gradually—less aggressively than markets had anticipated—prompting a surge in renewable energy stocks.
April 25, 2025Mati Carbon wins top prize in Musk-backed XPRIZE carbon removal competition
The winner of the $100 million XPRIZE Carbon Removal competition has been announced. Houston-based startup Mati Carbon has taken the top prize with $50 million for its use of Enhanced Rock Weathering (ERW) technology.
April 16, 2025Microsoft invests in CO280 to remove 3.7 million tons of carbon from paper mill
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.
March 31, 2025Mizuho joins NextGen as first Japanese bank to invest in carbon removal credits
Mizuho Financial Group has announced its entry into the NextGen platform as a carbon credit buyer, marking a first for Japan’s banking industry.
March 11, 2025Carbon removal demand to hit 8 billion tonnes, but only 1% delivered—3 opportunities for Asia to lead
Carbon Forward Asia, held from March 4 to 5 in Singapore, featured a panel on the second day titled “Removals: Putting the Net into Net-Zero,” which explored the opportunities and challenges for advancing carbon removal in Asia.
March 05, 2025Malaysia introduces CCUS Bill amid regional disagreements
Malaysian government officially unveiled the Carbon Capture, Utilization, and Storage (CCUS) Bill 2025 on March 4, establishing a legal framework for the development of the industry.
February 26, 2025Petronas cuts jobs, bets on low-carbon transition as profits decline
Petronas released its latest financial report, showing a 34% drop in annual profit. The company attributed this decline to falling international oil prices again and committed to continued investments in renewable energy and low-carbon initiatives.
January 24, 2025ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant
Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.