Super looks to carbon credits for revenue - News Summed Up

Super looks to carbon credits for revenue


A 30-megawatt off-shore wind farm located in Vietnam, developed by Super Energy Corporation Plc. SET-listed Super Energy Corporation Plc (Super) said it plans to generate earnings from a carbon credit trade mechanism, which is expected to be a key tool in the government's attempts to reduce greenhouse gases. The amount of greenhouse reduction, known as carbon credits, generated by environmental projects can be traded, allowing companies to offset the carbon dioxide they release into the atmosphere. The 2-billion-baht project is expected to benefit from carbon credit trade. "This project can be part of carbon credit trade to serve investors as there is no problem of unsteady power source," said Mr Jormsup.


Source: Bangkok Post September 13, 2021 23:48 UTC



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