World

Indonesia uses carbon for decarbonisation

Indonesia is developing CO2-to-X technology to transform captured CO2 into valuable materials, thus balancing energy needs with decarbonisation goals.
Indonesia uses carbon for decarbonisation ảnh 1Illustrative image (Photo: Indonesia Power) 
Jakarta (VNA) – Indonesia is developing CO2-to-X technology to transform captured CO2 into valuablematerials, thus balancing energy needs with decarbonisation goals.

Indonesia has announced ambitions to achievecarbon neutrality by 2060. To such end, Indonesia has taken the lead inits bid to become the region’s hub for CO2 storage, with up to 128 prospectivebasins to be explored, among which 20 are already in use.

However, the expansion potential for carbonsequestration faces challenges, including scarcity of storage sites, and hightransport and long-term maintenance costs.

Captured CO2 can act as a source of carbon forindustrial materials, providing the molecular backbone for constructionmaterials, chemicals and fuels among other possibilities.

For CO2-to-X initiatives to contribute significantlyto Indonesia’s decarbonisation journey, increased international cooperation andparticipation from the private sector will be required, similar to what hasdriven the scaling of renewable energy./.
VNA
#CO2-to-X technology#Vietnamplus#Vietnam News Agency#carbon neutrality#CO2 storage#carbon sequestration
Follow VietnamPlus

Related News

Indonesia asks social media platform X to remove gambling ads

Indonesia asks social media platform X to remove gambling ads

Indonesia’s Communications and Information Ministry (Kominfo) summoned representatives from the Singapore office of social media platform X, formerly Twitter, to address concerns regarding online gambling advertisements on the platform.
Indonesia to impose 12% VAT from 2025

Indonesia to impose 12% VAT from 2025

The Indonesian Government plans to apply a 12% value-added tax (VAT) next year, marking a 1 percentage point increase from the current rate, according to a senior official.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.