News
July 07, 2022
LG 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.
July 05, 2022Mitsubishi signs virtual PPA with Murata for renewable energy supply
According to Nikkei, Japanese trading house Mitsubishi Corp. will start selling renewable electricity certificates that buyers can use as offsets for their energy consumption. The first buyer is Murata Manufacturing, an electronic components maker and one
July 05, 2022Australian direct air carbon capture tech company secures US$700,000 deal
An Australian prototype carbon capture and storage machine has secured a US$700,000 contract and this deal is thought to be the first time an Australian company has obtained a deal to remove CO2 using direct air capture (DAC) technology.
July 04, 2022Dubai to source 14% of energy from renewables by end of year
Dubai, economic and financial hub of the United Arab Emirates, plans to increase the share of renewables in its energy mix to 14% by the end of 2022 as part of the country’s attempts to meet its environmental targets.
July 04, 2022Australia to review carbon credit scheme after ‘fraud’ allegations
Australia’s new Labor government has appointed a climate scientist to conduct a six-month review of the country’s carbon credit scheme, following concerns that certain projects receiving credits are not actually reducing carbon emissions.