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May 22, 2023
Korean companies favor CFE over RE100 campaign
The Korean government and industry have begun to promote the Carbon Free Energy (CFE) system, an initiative promoting 100% energy sources that do not emit greenhouse gases, including nuclear power.
May 19, 2023India to confront EU Carbon Tax at WTO
India intends to file a complaint to the WTO over the EU's proposal to impose a 20% to 35% levy on carbon-intensive imports such as steel, iron ore, and cement from India, according to top government and industry sources.
May 11, 2023China completes first online trade for 1,000 tons of liquified CO2
China's Daqing Oilfield Co recently completed its first online trade for 1,000 tons of liquefied CO2 by bidding in the domestic market with a premium of 210 yuan ($30.37) per ton added to the original price, China Media Group reported on Monday.
April 25, 2023Taiwan to start collecting carbon fees from second half of 2024
Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).
April 21, 2023European Parliament approves EU’s biggest climate policy
The European Parliament approved on April 18 as many as three pieces of legislation from its landmark Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030.
April 11, 2023H&M, LanzaTech launch carbon clothing collection
Swedish fashion brand H&M has partnered with carbon capture company LanzaTech to create garments made from captured emissions and combining them with the brand’s own DryMove technology—a trademarked material that is designed to pull away moisture from the
March 16, 2023Germany plans to launch long-term subsidy scheme to cut industry emissions
Germany seeks to launch a subsidy program for industries in April to help them transition to carbon-neutral production, according to a document released on Tuesday, as Europe's largest economy explores measures to make industry carbon-neutral by 2045.
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
February 22, 2023Indonesia’s energy transition continues to face headwinds
Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.
Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
February 18, 2023Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
China's CNPC set to strike 30-year LNG deal with Qatar
China National Petroleum Corp (CNPC) is close to finalizing an agreement to purchase liquefied natural gas (LNG) from QatarEnergy for up to 30 years from the Middle Eastern exporter's massive North Field expansion project, three people with knowledge of t