eyesonthepilippines The carbon credits market in the Philippines holds promise as a tool for mitigating climate change and promoting sustainable development. While challenges remain, the country’s commitment to environmental protection and the growing global emphasis on carbon reduction provide a solid foundation for future growth. The incredibly beautiful and promising Philippines, an archipelago comprising over…
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Coming Global Leader eyesonbrasil Amsterdam, May 2nd 20244– Brazil’s state-run Petrobras oil company announced this week a 41% reduction in carbon dioxide (CO2) emissions between 2015 and 2023 according to the oficial news media and the Agencia Brasil. ‘ The result was exceptional ‘, said Petrobras’ Energy Transition and Sustainability Director Maurício Tolmasquim. It was also an…
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eyesonindonesia 1. The Depths of Promise In the azure embrace of our oceans, a revolutionary endeavor unfolds: subseabed CO2 storage. This audacious technology aims to trap carbon dioxide deep within Earth’s crust, far from prying eyes and the atmospheric dance of greenhouse gases. But as we venture into these uncharted depths, we must acknowledge the…
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eyesonindonesia 1. The Minister’s Bold Move In a daring twist, German Economy Minister Robert Habeck has set sail on uncharted waters. His plan? To dump carbon dioxide (CO₂) into the North Sea. Critics raise their eyebrows, fearing sea acidification and seismic ripples. But Habeck stands firm, envisioning a climate solution beneath the waves. 2. Reforestation:…
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eyesonindonesia 1. The Love-Hate Relationship with CO₂ Plants and trees have a complex relationship with carbon dioxide (CO₂). On one hand, CO₂ is their lifeblood—a vital ingredient for photosynthesis, the magical process that turns sunlight into energy. During this dance, plants absorb CO₂, release oxygen, and grow. But like any intricate tango, there’s a twist:…
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eyesonindonesia Indonesia, a nation rich in biodiversity and facing the challenges of climate change, has been actively working toward reducing its carbon footprint. Here are the key strategies the country is implementing to pave the way for a more sustainable future: 1. Balancing Growth and Emissions Reduction Indonesia recognizes the delicate balance between economic growth…
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eyesonsuriname Amsterdam, 1 Feb 2024– The global upstream industry is eyeing a rebound in high-impact oil and gas drilling in 2024, with Africa and Latin America poised to be the driving forces behind these activities. According to Rystad Energy, a total of 36 high-impact wells are identified for drilling this year, marking the highest annual…
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Government memo suggests the Biden administration is angering allies by undermining strict standards for a new global carbon market. The United States and the European Union (EU) are usually close allies at the world’s annual climate negotiations — but according to internal documents obtained by The Lever, tensions have arisen between the two blocs in the run-up…
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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. 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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