Malaysia’s commodities minister is touting palm oil biomass as a coal alternative, while signalling a hard stance on deforestation. But experts warn that the full lifecycle emissions of biomass could exceed that of coal.
Verra-registered carbon credits generated by the Langkap Biogas Plant, which captures greenhouse gasses from palm oil wastewater, will be auctioned on the Bursa Carbon Exchange on 18 June at a reserve price of US$8.40.
Integrated palm oil player IOI Corporation Berhad identified circularity as a material matter or an issue that will significantly affect its stakeholders and businesses in 2023. This case study looks at how it aims to achieve net-zero carbon emissions by 2040.