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July 08, 2022
Shanghai eyes personal carbon account to encourage low-carbon consumption
Shanghai’s Pudong New District will create personal carbon accounts for local citizens, according to a new local green finance rule entering into force on 1 July. The move aims to explore the emission-cutting potential of personal consumption and package
July 08, 2022Green energies provide 49% of power used in Germany in first half of 2022
Renewable energy accounted for 49% of German gross domestic electricity consumption in the first half of 2022, up 6% compared with the data last year.
July 08, 2022CHIMEI completes carbon credits transaction on CIX
CHIMEI has completed carbon credits transaction and offsetting on the Climate Impact X (CIX), a Singapore-based global carbon exchange and marketplace, in June, becoming the first Taiwanese enterprise which secured and traded carbon credits on the CIX.
July 07, 2022EU parliament backs green label for gas, natural gas investment
The European Parliament voted on Wednesday to label investment in gas and nuclear facilities as environment-friendly, in a bid to help the bloc carry out its climate pledge by facilitating private investment in power plants.
July 07, 2022LG Innotek joins RE100, with goals of going 100% renewables by 2030
Korea’s leading electronic component manufacturing company, LG Innotek, announced on July 5 that it officially joins the global "RE100" initiative. Their goal is to use only renewable energy including domestic and overseas establishments by 2030.
July 07, 2022Tata Chemicals opens UK's largest carbon capture plant
Tata Chemicals Europe (TCE ) opened UK's first industrial-scale carbon capture plant, which will recycle 40,000 tonnes of waste CO2 each year, equivalent of taking more than 20,000 cars off the roads.
July 06, 2022Hong Kong exchange to set up international carbon market with HSBC, Tencent
The Hong Kong Exchanges and Clearing Ltd (HKEX) announced on Monday that it has teamed up with major corporations and financial institutions such as HSBC and Tencent to create an international carbon market.
July 06, 2022Dutch government limits Schiphol airport flights to reduce pollution
The Netherlands’ Schiphol airport, the third busiest in Europe, has cut the number of flights by 12% to reduce pollution, becoming the first airport in the world limiting traffic to make the aviation industry more sustainable.
July 06, 2022Green energy leasing project to help firms access renewable energy
To help small businesses and commercial building owners access renewable energy, the Ministry of Economic Affairs launched a green energy leasing project on July 4. Two of Taiwan’s largest office landlords, Cathay Life Insurance Co (國泰人壽) and Shin Kong Li
July 05, 2022Foxconn pushes supply chain to switch to 100% renewables
Foxconn has pledged to reach net zero carbon emissions for its operations in Taiwan by 2030, and to support more than 100 major suppliers in switching to 100% renewable energy by 2050, according to the electronics giant’s 2021 CSR report.