Carbon credit to be Vietnam’s revenue

KUCHING: Sales of carbon credit is set to be a new resource of revenue for Vietnam. According to the country’s Agriculture and Rural Development Ministry (MARD), Vietnam can sell 57 million carbon credits to international organisations each year, earning hundreds of millions in US dollar. The carbon credits can fetch up to US$5 each, according […]

Carbon credit state’s new revenue source

KUCHING: In re-engineering forests revenues, the Sarawak government is looking at making carbon credit as a new source of revenue for the state.  Chief Minister Datuk Patinggi Abang Johari Tun Openg said there is a lot of potential in the forests from a wider perspective and it does not even require the cutting of trees. […]