Indonesia Embraces Carbon Capture Technology to Extend Fossil Fuel Use
Indonesia’s focus on Carbon Capture Storage (CCS) technology is set to extend the use of fossil fuels while reducing greenhouse gas emissions. Saleh Abdurrahman from BPH Migas highlights the potential of CCS in achieving the nation’s net-zero emissions target by 2060. As natural gas becomes increasingly vital in Indonesia’s energy transition, CCS could position the country as a leader in sustainable energy practices, balancing economic growth with environmental sustainability.
Abatable Report Highlights Critical State of Voluntary Carbon Market
Abatable’s report ‘Abatable Voluntary Carbon Market Developer Overview | 2023-2024’ highlights the pivotal transition of the voluntary carbon market, with a surge in investment and projects, decline in credits issued, dominance of REDD+ projects, and unprecedented activity in the demand side. The report indicates a promising outlook for the future of the market.