US EditionMOL Becomes the First Japanese Shipping Firm to Retire Tech-Based CDR Credits Through NextGen
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MOL Becomes the First Japanese Shipping Firm to Retire Tech-Based CDR Credits Through NextGen
Mitsui O.S.K. Lines (MOL), led by President & CEO Takeshi Hashimoto, is advancing in carbon removal. The Tokyo-based company is the first Japanese shipping firm to retire 2,000 tons of technology-based carbon dioxide removal (CDR) credits through the NextGen CDR Facility. These credits come from a biochar project in Bolivia, run by Exomad Green. This move is part of MOL’s effort to back new carbon removal technologies that store CO₂ for a long t…
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