News
Energy, Transport & Building
September 23, 2024
Climate targets on the rise, but not include Berkshire Hathaway, Tesla, says survey
The latest annual report from the international Net Zero Tracker indicates that the number of entities setting net-zero targets continues to rise at regional, city, and corporate levels. However, over 40% of entities have not taken any action, including e
September 19, 2024Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF
Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.
September 19, 2024Can the Fed’s rate cut spark growth in renewable energy?
The Federal Reserve slashed interest rates by 50 basis points and suggested further reductions to come. The news immediately reverberated in the U.S. stock market, significantly boosting solar energy stocks.
September 18, 2024Air taxis have high costs and emissions, not useful for energy transition – researchers
Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).
September 16, 2024Subic Freeport aims to achieve carbon neutrality with new green initiatives
The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives. These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more.
September 16, 2024China’s carbon market is moving from burden to boon
China’s mandatory national carbon market launched in 2021. So far, only companies with large coal-fired power generation have needed to comply. But other sectors, such as steelmaking, are set to join soon.
September 13, 2024Singapore to mandate 10% energy cut for large buildings starting 2025
To reduce the carbon emissions of buildings, the Singapore government has implemented mandatory measures. Starting from the third quarter of next year, high-energy-consuming large buildings in Singapore must adopt energy-saving measures.
September 12, 2024CS Wind to build world’s largest wind power factory in Vietnam
South Korean wind power equipment giant CS Wind is expanding its investment in Vietnam, capitalizing on the geographic advantages of Long An Province in the Mekong Delta.
September 12, 2024Just 15 countries account for 98% of new coal-power development, GEM finds
Nearly all of the coal-power capacity under development (98%) is now concentrated in just 15 countries, with China and India alone accounting for 86%, according to Global Energy Monitor's latest Global Coal Plant Tracker (GCPT) results.
September 11, 2024Climate talk falls short in Trump-Harris debate
During the first presidential debate of the 2024 U.S. election, Republican candidate and former President Donald Trump faced off against Democratic candidate and current Vice President Kamala Harris.