The Business Times
business-time-50
ESG Insights
·
SUBSCRIBERS

Issue 90: Singapore’s PUB to capture seawater’s carbon; CBAM won’t save the world

google-preferred-sourceAdd BT as a preferred source
Kenneth Lim

Kenneth Lim

Published Fri, Mar 1, 2024 · 07:30 PM
    • Cost projections for carbon removal vary widely, but low cost at large scales continue to elude the industry.
    • Cost projections for carbon removal vary widely, but low cost at large scales continue to elude the industry. ILLUSTRATION: KENNETH LIM

    In this issue: A planned seawater-based carbon capture project must overcome cost and scale hurdles, while the Asian Development Bank report says Europe’s carbon levy on imports won’t decarbonise Asian manufacturers.

    Singapore

    To catch and not release

    Singapore will build a US$20 million marine-based carbon dioxide (CO2) removal plant that aims to remove about 3,650 tonnes of the greenhouse gas per year from seawater.

    ESG Insightscarbon capture and storagePublic Utilities BoardCarbon taxEuropean UnionClimate policyESG

    TRENDING NOW

    The Monetary Authority of Singapore said it is following up with the three Singapore entities to reinforce its expectations of conduct and compliance.

    Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Nuclear power “is very much back in the conversation” in Asia, say industry observers.

    As India and China surge ahead with nuclear energy, all eyes on Asean’s next move

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More