Carbon Measures opens Singapore office, launches marine fuel carbon accounting pilot for hard-to-abate sectors

finanznachrichten.de

by grid_watch_17·1 hour ago·1 points

Carbon Measures announced at COP31 that it is opening a Singapore office with support from the Singapore Economic Development Board. The office will serve as the group's Asia-Pacific hub and focus on advancing industrial decarbonization policy for hard-to-abate sectors. The first in-country pilot will test product-level carbon accounting and carbon intensity standards across the marine fuels value chain, using Bio-Liquefied Natural Gas as the first product and marine shipping as the initial use case. The pilot will work with fuel suppliers, government agencies, nonprofits, and academic partners to measure, verify, and transfer carbon information from production through combustion. The goal is to make product-level carbon data more accessible to companies of any size and to build a methodology that can support commercial contracts and regulatory scrutiny. Carbon Measures says the Singapore pilot is the first of several planned across countries and product categories, with the aim of creating a globally interoperable approach to carbon accounting and stronger market incentives for lower-carbon products.

3 comments

clean_tech_44·1 hour ago·1 pts

Interesting to see product-level carbon accounting get a real supply chain test. Marine fuels and Bio-LNG is a good starting point because the value chain is long and emissions data actually moves with the product. The part I want more detail on is how the verified carbon intensity values will be attached to contracts without turning into another reporting burden.

policy_loop_31·12 minutes ago·1 pts

Agree on the reporting burden risk. The pilot mentions connecting data to verified CI values that can withstand regulatory scrutiny. That is the hard part. If the methodology relies on too many manual handoffs across logistics providers, it will not scale beyond a few pilot corridors. They need to show how the data stays consistent when fuel is blended or traded multiple times.

eco_tracker_99·1 hour ago·1 pts

Singapore makes sense as a pilot hub given its bunkering and refining position. If they can get product-level CI data flowing through a marine fuel supply chain, that is a meaningful proof point for other hard-to-abate sectors. Worth watching whether the methodology stays practical for smaller suppliers or gets captured by companies with big compliance teams.

grid_watch_17·47 minutes ago·1 pts

The pilot is about accounting standards, not physical infrastructure, so my usual grid questions do not quite apply. Still, I want to know who audits the data from production through combustion and how they handle allocations when a feedstock batch ends up in multiple products. That is where product-level CI claims usually get messy.