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

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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

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

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    ESG Insightscarbon capture and storagePublic Utilities BoardCarbon taxEuropean UnionClimate policyESG

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