Carbon Credit and Carbon Capture
Carbon Credit
A carbon credit is the equivalent unit of greenhouse gas reduction. 1 carbon credit is equivalent to 1 ton of carbon dioxide reduction. Such credit can be purchased monetarily.
EGCO Group has invested in projects with operational potential while focusing on environmental conservation simultaneously. This includes greenhouse gas reduction projects such as solar power plants, wind farms, hydropower plants, etc. The increased renewable energy generation capacity can be clearly converted to a measurable reduction of carbon dioxide emissions. The company also encourages these power plant projects to take part in carbon credit trading registration both in Thailand and internationally.
Carbon Capture
EGCO Group and its subsidiary power plants, with the collaboration of the Thai Conservation of Forest Foundation (Thai Rak Pa), a charitable organization established and supported by EGCO Group with the commitment to sustainably conserve and restore watersheds in major areas of Thailand, have continually supported greenhouse gas reduction projects. EGCO Group has continuously monitored the cumulative reduction of greenhouse gases and the carbon sinks captured by the trees in the vicinity of its power plants and the communities supported by EGCO Group and the Thai Conservation of Forest Foundation (Thai Rak Pa).
Furthermore, EGCO Group emphasizes in developing plans to reduce greenhouse gas emissions from its operations. This involves collaborating with various partners to explore opportunities for integrating Carbon Capture, Utilization, and Storage (CCUS) technology into the operations of its power plants
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Thai Conservation of Forest Foundation (Thai Rak Pa)