News
Asia Pacific
May 21, 2024
Japan passes new legislation to facilitate CCS implementation
Japan passed a law on May 17 to establish a permit system for business operators, facilitating the implementation of Carbon Capture and Storage technology, which captures carbon dioxide from industrial emissions and stores it deep underground.
May 16, 2024Three reasons why Taiwanese businesses favor nuclear power
As the RE100 target and carbon tariffs are established internationally, demand for green electricity is escalating. However, voices in Taiwan's business community supporting nuclear power are growing stronger, prompting the new government to re-examine it
May 16, 2024Three major impacts of the U.S. imposing a 100% tariff on Chinese EVs
The Biden administration announced a significant increase in tariffs on Chinese imports, particularly raising tariffs on EVs to 100%. However, analysts believe that the potential ripple effects may not necessarily be beneficial for the United States.
May 14, 2024Record 30% of global electricity sourced from renewables, driven by China
According to the European energy think tank Ember, global renewable energy generation has surpassed 30% for the first time. Notably, over half of the new green energy added last year came from China.
May 08, 2024Expert expects positive market signal as Verra’s Verified Carbon Standard gets ICVCM approval
Verra, a nonprofit organization that sets standards for environmental and social markets, announced on May 2 that its Verified Carbon Standard (VCS) Program has received approval from the Integrity Council for the Voluntary Carbon Market (ICVCM).
May 06, 2024Researchers create device to consume CO2 to generate electricity
Australian researchers have built an electrical generator that consumes carbon dioxide, produces electricity, and emits no exhausts. They believe this technology could revolutionize industrial-scale carbon capture method.
April 26, 2024China's carbon price hit 100 yuan for first time as regulations tighten
China's carbon price has surpassed 100 yuan for the first time since the market's launch in mid-2021, as major polluters ramp up purchases ahead of the implementation of stricter standards.
April 24, 2024Global plastic treaty talks face uncertainty amid opposition from oil and gas producers
“Global plastic treaty” took place on Apr. 23 in Ottawa, where international representatives gathered to discuss on how to halt plastic pollution. However, with opposition from major oil and gas countries, reaching a consensus on the draft remains uncerta
April 24, 2024Sarawak aims to lead as clean hydrogen hub with abundant hydropower
Sarawak, a state abundant in oil resources, is poised to emerge as a hub for clean hydrogen energy. Leveraging its ample hydropower reserves, it seeks to overcome obstacles hindering the fuel's potential elsewhere.
April 22, 2024Saigon Hi-Tech Park unveils focus on green and digital transformation
Saigon Hi-Tech Park (SHTP) in Vietnam hosted an enterprise networking event on the 16th, unveiling its focus for this year on digital and green transformation. This includes the development of 17 advanced technologies for green transformation and 10 emerg