Indonesia eyes carbon storage tech investment

By Xinhua News Agency

Sep 13, 2023 12:28 am

JAKARTA: Indonesia is inviting businesses to invest in carbon storage technology as part of an effort to reduce emissions in the Southeast Asia region, Indonesian Coordinating Minister of Maritime Affairs and Investment Luhut Binsar Pandjaitan said on Monday.

The minister said that Indonesia has great potential to permanently store up to 400 gigatons of carbon emissions through the carbon capture and storage (CCS) technology.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

China to approve more help for weak economy

US jobless claims tick up by 3,000

Boeing to repay strikers, but will cut workforce

Nissan to lay off workers, lowers forecast

Singapore's banks flag better loan growth

Amazon mulls new investment in Anthropic

HK central bank cuts interest rate after Fed move, banks follow