Search result for Carbon Emission
Japan Receives Chemical Cargo from the UAE
Idemitsu Kosan Corporation in Japan said that the company had received a shipment of blue ammonia from the Abu Dhabi National Oil Corporation of the UAE in an attempt to reduce the country’s carbon footprint.
A UAE-based company, Fertiglobe, has produced this blue ammonia in the i...
JAPANESE COMPANIES ARE RAMPING UP EFFORTS TO BRING DOWN CARBON EMISSIONS
Highlights
• In order curb the emissions, Seiko Epson intends to spend nearly 900 million dollars
Global warming is one of the biggest problems faced by mankind today. Top companies in Japan have now decided to take on this problem. In order to do so, they are increasingl...
BITCOIN VALUE FALLS TO USD 50,000
HIGHLIGHTS
- The value of Bitcoin has fallen to US $ 50,000.
- A tweet from Elon Musk resulted into 17% fall in the price.
- Elon Musk is concerned about fossil fuels, especially coal being used increasingly for Bitcoin mining and transactions.
PEOPLE’S BANK OF CHINA TO DEVISE STRUCTURAL MONETARY POLICY
Highlights –
- People’s Bank of China to devise structural monetary policy.
- The policy tools will help support the economy for key projects in the reduction of carbon emissions.
- The policy will establish an incentive-compatible me...
JAPAN’S CLOTHING ITEMS GENERATES OVER 95 MILLION TONS CO2 A YEAR
Highlights –
- Japan’s clothing items generate over 95 million tons of CO2 a year.
- About 98% of garments in the Japanese market in 2020 were imported from overseas.
- Around 5 million tons are attributed to burning unsold clothes of...
JOE BIDEN'S ADMINISTRATION REJECTED AUSTRALIA'S CLIMATE STRATEGY
Highlights:
- United States have rejected the climate strategy of Australia ahead of the global summit
- The swipe has come as Scott Morrison had come under the increasing pressure for setting a net-zero deadline for Australia
The United...
UNITED KINGDOM TO SPEED UP TARGET TO DECREASE CARBON EMISSIONS
Highlights:
- United Kingdom is going to speed up the target for cutting the carbon emissions in the country
- The climate law is going to be extended for covering the international aviation and shipping
Boris Johnson is going to announc...
PETROCHINA AIMS TO SUPPLY ZERO-CARBON PRODUCTS BY 2035
Highlights –
- PetroChina aims to supply zero-cabon products by 2025.
- It also expects its carbon emissions to peak by 2025.
- In 2025, the company aims to produce between 150 billion and 160 billion cubic metres of natural gas.
CHINA AIMS TO ESTABLISH HIGH-CARBON ENERGY AND RENEWABLE FOSSIL ENERGY
Highlights –
- China aims to establish high-carbon energy and renewable fossil energy.
- The country has been increasing its overall utilization of renewable energy.
- China reportedly had a national average consumption rate of wind power r...
FACEBOOK AND FORD JOIN UN’S CAMPAIGN TO REACH NET-ZERO CARBON EMISSIONS BY 2050
Highlights
• In order to keep the global warming in check and for a zero-carbon world, the United Nations came up with an international campaign called Race To Zero
• The Race To Zero campaign which wants it’s partners to achieve net zero emissions by 2050 curr...
NUCLEAR ENERGY PLAN UPDATE TO BE APPROVED BY POLISH CABINET IN Q3
HIGHLIGHTS
- Most of the electricity in Poland is generated from coal burning.
- However, EU has made it compulsory for all members to cut down carbon emissions.
- Poland is planning to use nuclear energy for generating electricity.
- In...
UK MAY STRUGGLE TO BE ZERO CARBON WITHOUT GOVERNMENT STEER
HIGHLIGHT
- Ofgem has asked network operators to accelerate their decarbonisation efforts.
- Ofgem has planned separate budget of billions of pounds for infrastructure upgrades to aid decarbonization.
- Experts fear that nothing significant can h...
UK’S CARBON EMISSIONS OBSERVE A REBOUND
Highlights
- Emissions from the energy and transport industries observed a rise
- The UK needs to cut 12 megatons of CO2 every year to meet its net-zero target by 2050
Following the easing of COVID-19 lockdow...
DENMARK’S MAERSK AIMS TO REDUCE CARBON EMISSIONS BY 2050
Highlights –
- Maersk is aiming for reduced carbon emissions in the shipping industry.
- It plans to build a research center in Denmark concentrating the same.
- The shipping industry accounts for around 3% of global carbon emissions. ...
GRETA THUNBERG URGES UN TO ACCEPT LAWSUIT AGAINST GERMANY AND OTHERS
Greta Thunberg is among those few young personalities which are known globally. It was her fierce speech at the United Nations Climate Change Conference which took place in the year 2018 that gave her the recognition.
Greta Thunberg, an environmental activist from the Sweden is again in th...
ENERGY MARKETS WILL HAVE A REBIRTH: SILVER LINING IN RECENT DARK CLOUDS?
• Virtual shutdown of key carbon industries
• Energy industry to go through restructuring
• Fall in amount of carbon emissions
According to some of the trade pundits and industry experts, the coronavirus pandemic will prove as game changer for energy m...
THE CORONAVIRUS OUTBREAK POSES A THREAT TO LONG-TERM CLIMATE ACTION
Highlights
- It will be undermining investment in clean energy
- It may lead to a slump in global carbon emissions
According to the global energy watchdog, this year the coronavirus health crisis may lead to a slump in global carbo...
HYUNDAI FOCUSES ON ELECTRIC VEHICLES
Highlights:
- Hyundai Motor has shifted its focus from Hydrogen-powered cars to Electric Vehicles.
- Hyundai is working on self-flying cars with Uber.
- New carbon emission rules will come into effect from 2020.
Mr. Chung Eui-su...
TEEMILL LAUNCHES REMILL
Highlights:
- Isle of Wight based fashion platform Teemill specializes in sustainable fashion
- The brand has launched Remill which can be recycled umpteen number of times
Remill has been labeled as circular economy clothing fabric. This...
COAL ENERGY EXPORTING GUIDELINES TO BE CONSTRICTED IN JAPAN
Highlights:
- Japan criticized for exporting coal energy and related technology to developing countries
- The Environment Ministry announced the decision to tighten the guidelines related to the export of the fossil energy
Japan announce...