Firms plan exchange for carbon credits


BANGKOK: Thailand’s state-owned electricity generator and 10 of the nation’s biggest companies have set up a voluntary emissions-offset programme that they intend to expand into a full carbon-trading exchange for the country.

Kasikornbank Pcl, billionaire Dhanin Chearavanont’s Charoen Pokphand Group and Bangkok transit operator BTS Group Holdings Pcl are among the founders of the Carbon Markets Club, whose members are trading credit over-the-counter in an effort to expedite an energy transition, said Chaiwat Kovavisarach, chief executive officer of energy company Bangchak Corp, one of the founding members.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Selling on Bursa Malaysia continues following Wall St plunge
Trading ideas: LCTitan, CelcomDigi, Axiata, MMHE, Capital A, Sapura Energy, Euro, Cahya Mata, Nylex, SDS, Chemlite
Nation mourns passing of renowned economist Kamal Salih
ZTE, CelcomDigi in AI telecoms infrastructure partnership
Shopee parent Sea posts second year of profitability
Ericsson in DNB, CelcomDigi digital shift tie-up
Al-Salam-REIT in RM10mil property sale
Express Powerr eyes ACE Market listing
ACE Market-bound Chemlite buys land from PDC
Euro Holdings plans corporate exercises

Others Also Read