Targeting Carbon Neutrality

On Tuesday, May,31 of this year, the building engineering firm announced a collaboration with Wärtsilä, WEC Energy Group, and the E4EPRI) to implement the technology, which could achieve carbon neutrality at the site by 2050.

 The 55MW facility will run on up to 25% hydro...

EU Classifying Some Gas and Nuclear Energy Projects as Sustainable

News has been revolving around that the European Union is considering to allow certain oil and gas products by categorizing them under sustainable investments. The proposal has been responded to with great criticism from climate activists.

The European Commission has been working on a d...

S. KOREA TO INCREASE FINANCIAL SUPPORT FOR GREEN PROJECTS TO 13%

Highlights –

• S. Korea to increase financial support for green projects to 13%.
• S. Korea is planning to review the establishment of a climate response fund this year.
• S. Korea aims to achieve the goal of going carbon neutral by 2050.

15 JAPANESE FIRMS FORM AN ALLIANCE TO PROMOTE CARBON-NEUTRAL LNG

Highlights –

• 15 Japanese firms form an alliance to promote carbon-neutral LNG.
• Tokyo Gas Co. and Isuzu Motors Ltd. are among the companies that have joined the alliance.
• Japan aims to reduce its carbon dioxide emissions to net zero by...

S. KOREA TO PROVIDE $27.4 BILLION IN GREEN AND DIGITAL SECTOR EXPORTS

Highlights –

• S. Korea to provide $27.4 billion in green and digital sector exports.
• The country will provide low-interest loans to exporters in such fields through 2025.
• The country also plans to expand official development assistance...