News
U.S. led coalition to triple nuclear power by 2050
The U.S., along with 20 other countries, pledged to triple nuclear power by 2050 to limit climate change and achieve net-zero carbon emissions. The declaration
China begins operations of the world’s largest onshore wind-power facility
China’s largest onshore wind-power facility has begun full-capacity operations in the northern Inner Mongolia autonomous region. The project’s operator is the state-owned China General Nuclear
Automakers turn to hybrids even as the industry transitions to EV
With sales of all-electric vehicles (EV) growing slower than expected, major automakers are increasingly catering to their customers with hybrid vehicles. Automakers are reconsidering the
Countries at COP28 agree on a climate disaster fund deal
Countries at the COP28 summit agreed on a deal for a disaster fund. This fund will help nations affected by damages caused by the climate
Indonesia eyes geothermal power as it pushes for renewable energy
Indonesia generated enough electricity from geothermal resources last year to power over 2.5 million homes. It is home to around 40 per cent of these
Mining giant Rio Tinto ramps up production of its critical minerals business
Global demand for metals such as copper, a major component of electric vehicles, is expected to grow to about 49 million metric tons by 2035.
The richest 1% emit carbon equal to those of the poorest 66% says Oxfam report
According to the charity Oxfam’s analysis, conducted with the Stockholm Environment Institute, the wealthiest 10% were responsible for 50% of global emissions, while the bottom
Old coal mines get repurposed to extract rare earth elements
The use of coal to produce energy is a thorny issue. Critics slam the fossil fuel’s huge impact on the environment. Discussions about how to
More Hong Kong firms are opting to get their ESG reporting checked by external auditors
A study by the Hong Kong Institute of Certified Public Accountants has found that the number of firms opting for external ‘assurance’ has increased in