News
Asia Pacific
April 06, 2023
Apple expand renewable energy to 13.7 GW with supply chain partners
Apple on Wednesday said that its manufacturing partners are supporting over 13 GW of renewable electricity around the world, a nearly 30% increase in the last year.
March 29, 2023Carbon allowance sales up 9% to $63 billion
A record $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report
March 28, 2023China to launch rural pilot scheme for renewables
China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.
March 27, 2023New Zealand's carbon allowance unit prices plunge to 18-month low
Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.
March 23, 2023Global renewables capacity additions increased by 10% last year: IRENA
The International Renewable Energy Agency (IRENA) reported on Tuesday that renewable energy capacity worldwide grew by 9.6% last year. Despite this impressive growth, IRENA warned that the rate of expansion must triple to limit global warming.
March 22, 2023South Korea lowers 2030 industrial emissions reduction targets
South Korea on Tuesday revised down its 2030 greenhouse gas emissions reduction targets for the industrial sector, but kept its commitment to reducing carbon emissions by 40% of 2018 levels in what it called a reasonable adjustment.
March 16, 2023China to slash steel output for third year to reach climate goals
China will again decrease its yearly crude steel production in 2023, according to a source familiar with the matter. This move will mark the third consecutive year in which the government has imposed forced cuts to output to curb carbon emissions from the
March 15, 2023China likely to triple its target for renewables, says Goldman Sachs
China is likely to install nearly three times more wind turbines and solar panels by 2030 than its current target, helping shift the world's largest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group Inc.
March 13, 2023China’s rooftops could host solar capacity almost the size of global total
China’s buildings and rooftops have potential to host more than 1,000 GW of solar power capacity — almost the same size as the entire existing global industry, according to the sector’s largest manufacturer.
March 08, 2023Japan promises financial assistance to help ASEAN decarbonise
Japan pledged financial and technological assistance on Saturday to ASEAN countries in their efforts to decarbonize their economies and address climate change.