Taiwan plans to introduce domestic version of CBAM next year, minister says

Published 08:49 on October 8, 2024  /  Last updated at 08:49 on October 8, 2024  / /  Asia Pacific, Carbon Taxes, CBAM, Other APAC

Taiwan is planning to introduce its own version of a carbon border adjustment mechanism (CBAM) as a supplementary measure to an upcoming carbon levy programme.

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Taiwan govt committee finalises carbon levy rates, starting at $9/t

Published 11:36 on October 7, 2024  /  Last updated at 11:36 on October 7, 2024  / /  Asia Pacific, Carbon Taxes, Other APAC

An environment ministry committee has finalised rate recommendations for Taiwan’s upcoming carbon levy scheme, with a starting price of NT$300 ($9.32) per tonne of CO2e for regulated emitters on the island.

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Australian energy firm partners with Japanese government agency to manage methane emissions

Published 08:29 on October 7, 2024  /  Last updated at 08:29 on October 7, 2024  / /  Asia Pacific, Australia, Japan

An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.

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Japanese companies team up to cut emissions from LNG value chain

Published 08:16 on October 4, 2024  /  Last updated at 08:16 on October 4, 2024  / /  Asia Pacific, Japan, South Korea

Dozens of companies in Japan have endorsed a government-backed initiative that aims to reduce methane emissions in the liquefied natural gas (LNG) value chain, according to local media reports.

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Japan-led AZEC could deepen fossil fuel reliance in the region, report says

Published 22:00 on October 3, 2024  /  Last updated at 05:31 on October 2, 2024  / /  Asia Pacific, International, Japan, Other APAC

Japan’s regional energy transition initiative featuring the promotion of nascent technologies could in turn deepen developing countries’ reliance on coal or liquefied natural gas (LNG), according to a report released Friday.

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Japanese trading house launches digital system to scale forest carbon projects

Published 08:57 on October 3, 2024  /  Last updated at 08:57 on October 3, 2024  / /  Asia Pacific, Japan

A major trading house in Japan has launched a system that can standardise and digitalise the work needed for creating domestically issued carbon offsets from forestry projects. 

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Korean companies to launch N2O project in Egypt, target nitric production

Published 10:33 on October 2, 2024  /  Last updated at 10:33 on October 2, 2024  / /  Africa, Asia Pacific, EMEA, International, Paris Article 6, South Korea, Voluntary

A South Korea-based project developer and a chemical company have teamed up to pursue an N2O project in Egypt in a bid to generate Article 6 carbon credits from reducing emissions associated with nitric production.

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Korean refiner seeks commercialisation of membrane technology in carbon capture process

Published 08:12 on October 2, 2024  /  Last updated at 08:12 on October 2, 2024  / /  Asia Pacific, South Korea, Voluntary

One of South Korea’s biggest refiners is seeking to commercialise a new membrane technology, as it seeks to tap into the international carbon capture, utilisation, and storage (CCUS) market.

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Tech startup, financial firm partner to develop cooling materials, create carbon credits

Published 10:43 on October 1, 2024  /  Last updated at 10:43 on October 1, 2024  / /  Asia Pacific, Japan, Voluntary

A startup that provides energy-saving cooling materials has teamed up with a Tokyo-listed financial firm to promote decarbonisation services and create carbon credits.

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China’s transformation plan may discourage new coal, report says

Published 08:02 on October 1, 2024  /  Last updated at 08:02 on October 1, 2024  / /  Asia Pacific, China

China’s transformation strategy for coal-fired power plants could help drive a phase-out of the fossil fuel, given that co-firing and carbon storage approaches remain costly, a report has argued.

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