Asia Pacific > Asian shipping giant cuts its carbon removal goal, blaming market “immaturity”

Asian shipping giant cuts its carbon removal goal, blaming market “immaturity”

Published 14:37 on January 27, 2025  /  Last updated at 14:37 on January 27, 2025  / /  Asia Pacific, Japan, Voluntary

An Asian shipping giant has halved its goal for retiring carbon removal (CDR) credits to 100,000 tonnes per year by 2030, due to the "immaturity" of the technology and market, it announced on Monday.
An Asian shipping giant has halved its goal for retiring carbon removal (CDR) credits to 100,000 tonnes per year by 2030, due to the "immaturity" of the technology and market, it announced on Monday.


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