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PTT pushes Carbon Credit trading to support national Net Zero Emissions


PTT pushes Carbon Credit trading to support national Net Zero Emissions
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published :
16 Jul 2021 at 15:00
SPONSORED CONTENT
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The Derivatives Trading Department, International Trading Business Unit, PTT Plc., is preparing for carbon credit trading, a mega trend in the energy industry.
In 1997, the Kyoto Protocol mirrored the first commitment to climate change action, targeting 5% greenhouse gas (GHG) reduction compared with 1990 emissions. In 2015, at the 21st Conference of the Parties (COP21) in Paris, the Agreement on climate change was adopted, having its goal to limit global warming to well below 2 degrees Celsius, and preferably 1.5 degrees Celsius, compared to pre-industrial levels. To achieve this long-term temperature goal, countries aim to achieve net zero greenhouse gas emissions by 2050. Net zero emissions refers to achieving an overall balance between GHG emissions produced and GHG emissions taken out of the atm ....

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PTT Officially Operates PTTT USA Office with First Transaction in Place,


PTT Public Company Limited has officially operated the office of PTT International Trading USA Inc. (PTTT USA) in Houston, United States of America, focusing on trading of petroleum and petrochemical products. In addition, PTTT USA has prepared its first trade transaction of 6,000 metric tons of petrochemical product with an estimation of value around 5.7 Million USD (or around 180 Million THB), increasing the company s competitive edge and completing PTT s trading network presence worldwide.
Mr. Disathat Panyarachun, Senior Executive Vice President, International Trading Business Unit, PTT Public Company Limited said that the United States of America plays an important role nowadays being one of the world s largest producers of oil and gas. The establishment of PTTT USA office will allow PTT to complete the expansion of its trading business in major trading hubs all over the world, strengthening PTT s mission to create Thailand s energy security. PTTT USA will raise PTT s cap ....

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