News
Asia Pacific
November 20, 2023
Taiwan companies with strongest carbon commitments yield better stock returns
Business Weekly published survey results for Taiwan's top 100 firms' carbon competitiveness at Carbon Competitiveness Summit 2023 on Nov. 17. Report indicates 73% of these companies had higher stock prices than peers.
November 16, 2023Carbon credits in the spotlight at upcoming COP28 climate talks
Carbon credits will take center stage at the upcoming UN climate talks, COP28, in Dubai at the end of this month. These credits, purchased by companies to offset their carbon emissions, allow them to consider consumed goods and services ‘carbon neutral’.
November 14, 2023Sustainable Taiwan Expo 2023 to unveil new green opportunities
The Sustainable Taiwan Expo 2023 will return for its 4th edition on Nov. 22 through 24 at Kaohsiung Exhibition Center, unlocking trade opportunities across the green supply chain.
November 14, 2023Undersubscribed small amount green energy auction calls for more flexibility
Taipower’s Round 1 auction, which offered 10 million kilowatt hours of small-amount green energy, was undersubscribed. Some private sectors believe that the small amount of green energy cannot meet demand from SMEs, and with limited offers and the highest
November 13, 2023Japan, Korea to set up hydrogen, ammonia supply network, says Nikkei
Japan and South Korea will establish a supply chain for hydrogen and ammonia fuels and leaders of two countries will announce the framework on Nov. 17 in the U.S., where they are expected to join the APEC meeting.
November 13, 2023Copper price traded lower makes renewables transformation harder
While world major economies and demands slow down, the declined copper price discourage the investment of mining, wind farms, solar arrays and electric vehicles.
November 07, 2023Taiwan’s first net-zero institute opens in Kaohsiung
The Net-Zero Institute, Taiwan’s first academy dedicated to cultivating green talents, has opened on Nov. 6 at the Kaohsiung Software Technology Park.
November 06, 2023Apple, Nike launch program training suppliers to buy clean energy
Apple, Nike and PepsiCo along with other global firms have launched the Clean Energy Procurement Academy to train supply chain partners in the Asia Pacific, where renewable power is tougher to source.
November 01, 2023BloombergNEF expects global carbon market hits $800 billion in 2023
Bloomberg New Energy Finance (BNEF)’s latest outlook report has predicted that the global carbon market is set to exceed $800 billion this year, marking a 5% year-over-year growth, even though trade volumes have fallen due to Russia’s war in Ukraine.
October 26, 2023Lotte, SK Group sign MoU to boost carbon capture development
South Korea’s SK Group subsidiaries SK IE Technology Co., SK Innovation Co. and Lotte Chemical have announced their partnership by signing a memorandum of understanding on Oct. 23 with the goal of entering the carbon capture market.