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Tag: Carbon Credits

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Do good to do well:

Why sustainability and success go hand in hand Businesses that generate value for the environment and society can also optimise operational efficiency and drive results antonfoek.com Amsterdam, 25 april 2024– Focusing on sustainability can lead to significant gains in efficiency and profitability; and businesses are increasingly understanding that environmental, social and governance (ESG) priorities are…
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Germany announces offshore carbon storage plan

Germany recently announced it has made plans to look into and begin enabling underground carbon storage at offshore sites. The first steps the country will take towards doing this, are to push forwards with the technology that has been under debate for quite a while. eyesonsuriname Amsterdam, Feb.29 th 2024 — Robert Habeck, who is the…
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Carbon Trading Pilot Program

Carbon Trading Pilot Program

Launched in Dubai eyesonsuriname Amsterdam, 1 Feb. 2024 — The Dubai Financial Market announced that it will launch a carbon trading pilot program, aiming to global daily price references. eyesonsuriname is getting a hold of the pilot program for institutional investors and will run it next month The move will position the Dubai Financial Market…
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What Every Leader Needs to Know About Carbon Credits

What Every Leader Needs to Know About Carbon Credits

In the absence of government regulations requiring dramatic reductions of greenhouse gas (GHG) emissions that are causing climate change, a growing number of companies are adopting “net zero” targets. More than one third of the world’s 2,000 largest publicly held companies have declared net zero targets according to Net Zero Tracker, a database compiled by a collaboration…
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Jokowi Inaugurates the First Carbon Storage Project in West Papua

Jokowi Inaugurates the First Carbon Storage Project in West Papua

Reuters Indonesian President Joko Widodo, Friday (24/11) inaugurated the construction of a carbon capture, utilization and storage (CCUS) project in the province of West Papua operated by British Petroleum (BP). This CCUS project in West Papua is the first carbon storage project in the country. The CCUS project has the potential to store up to…
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Indonesia marked a significant milestone on Friday as President Joko Widodo launched the construction of the country’s first carbon capture, utilization, and storage (CCUS) project in West Papua province.

Indonesia Launches Construction Of Pioneering Carbon Storage Project

Indonesia marked a significant milestone on Friday as President Joko Widodo launched the construction of the country’s first carbon capture, utilization, and storage (CCUS) project in West Papua province. This pioneering project, operated by global energy major BP (LON: BP), has the potential to sequester up to 1.8 gigatons of carbon dioxide (CO2), according to a statement…
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The Explainer: The carbon credits trade broken down

The Explainer: The carbon credits trade broken down

As Kenya hosts the inaugural climate change summit, there has been much talk about carbon credits and their sale. What are they, who has them, how and where are they traded and how do they contribute to reducing the effects of climate change?

Carbon Pricing

Carbon Pricing Explained

How Carbon Credits, Carbon Offsets and Taxes are Priced Between talk of carbon credits, carbon offsets, and of course carbon emissions, it can feel like carbon is everywhere. But unless you understand carbon pricing, you’ll never understand how – and why – carbon markets work the way they do. Let’s break down carbon pricing, starting with a simple…
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Singapore and Indonesia Carbon Trading Deal

Singapore and Indonesia Carbon Trading Deal

Singapore and Indonesia have entered into a Memorandum of Understanding (MoU) regarding climate change and carbon credits.  Currently, Singapore is the center of commodity trading in Asia. Indonesia is among the biggest carbon credit suppliers in the region. It is also home to one of the earth’s biggest rainforests.  The agreement between the two countries allows them…
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An Oil Giant Quietly Ditched the World’s Biggest Carbon Capture Plant

An Oil Giant Quietly Ditched the World’s Biggest Carbon Capture Plant

Occidental Petroleum is leading the global charge to vastly expand the use of technologies that suck up carbon dioxide. The failure of company’s biggest-ever bet shows the challenges ahead.  By Natasha White, Akshat Rathi, and Kevin Crowley The world wants to master the process of corralling carbon, and Occidental Petroleum Corp. is building a futuristic machine on the dusty plains of…
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