Singapore bank moves on EUA trade for Asian shippers as ETS expands
Singapore’s DBS bank announced Tuesday it will offer financing and hedging services for allowances under the EU Emissions Trading Scheme (EU ETS) as shipping companies outside the EU are now included in emissions calculations, becoming the first Southeast Asian bank to do so.
Read MorePertamina moves to expand role in emerging CCS market
Indonesian state-owned oil company Pertamina on Monday announced two of its subsidiaries have signed a Memorandum of Understanding (MoU) that over time will see the company enter the market for transport of liquid CO2 (LCO2).
Read MoreWaste giant says emissions cuts on track for 1.5C-aligned climate target
One of Australia’s largest waste and landfill gas producers is on track to meet climate targets that it says fully align with a Paris 1.5C scenario.
Read MoreSarawak coal mine poses significant carbon risk, more transparency needed -watchdog
The continued existence of a large thermal coal mine in Sarawak, Malaysia, goes against the nation’s climate commitments and the opacity surrounding environmental approvals to its extension is a problem, an environment watchdog said Friday.
Read MoreAustralian state pulls together big data for better CCS mapping
The West Australian government is finding new ways to support companies interested in pursuing carbon capture and storage (CCS) projects in the state, as its mining and energy department has aggregated a large amount of historical oil and gas drilling information for use.
Read MorePacific flag carrier hitting the sweet spot for SAF
One of the Pacific’s largest airlines has announced a partnership with a sugar company and major development bank to develop sustainable aviation fuel (SAF).
Read MoreRising underground coal mining will drive up India’s fugitive methane emissions, report says
India’s methane emissions from coal mining could double should it expand its domestic industry in order to reduce reliance on imports and feed its increasingly demanding power and steel sectors, a think tank has found.
Read MoreShips receive backing from certifiers for CO2 transport
A Japanese company has received approval in principle (AiP) for two new designs of liquefied CO2 (LCO2) carriers, a type of vessel integral to the nation’s plans for wholesale export of its emissions to other jurisdictions for sequestration and permanent management.
Read MoreVC firm wrangles angel investors for $2.1 mln in funding for Indonesian blue carbon player
An Indonesian nature-based carbon project developer has taken in $2.1 million in seed funding from angel investors after a successful round led by one of the nation’s only venture capital funds.
Read MoreRio Tinto brings in local carbon business for tree planting trial for renewable diesel
Mining giant Rio Tinto is partnering with an Australian carbon abatement business on a renewable diesel pilot project using a particular kind of seed oil for fuel switching to help decarbonise its operations.
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