News

Japan's Okinawa Electric Power plans to begin a trial of co-firing hydrogen at a commercial gas-fired power plant from March 2024 to reduce CO2 emissions, its president said on Nov. 17.

Business Weekly published survey results for Taiwan's top 100 firms' carbon competitiveness at Carbon Competitiveness Summit 2023 on Nov. 17. Report indicates 73% of these companies had higher stock prices than peers.

European governments will auction 244 million EU carbon permits from January to August next year under the bloc's ETS, the European Commission announced on November 16.

In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.

Carbon credits will take center stage at the upcoming UN climate talks, COP28, in Dubai at the end of this month. These credits, purchased by companies to offset their carbon emissions, allow them to consider consumed goods and services ‘carbon neutral’.

The Sustainable Taiwan Expo 2023 will return for its 4th edition on Nov. 22 through 24 at Kaohsiung Exhibition Center, unlocking trade opportunities across the green supply chain.

Taipower’s Round 1 auction, which offered 10 million kilowatt hours of small-amount green energy, was undersubscribed. Some private sectors believe that the small amount of green energy cannot meet demand from SMEs, and with limited offers and the highest

Japan and South Korea will establish a supply chain for hydrogen and ammonia fuels and leaders of two countries will announce the framework on Nov. 17 in the U.S., where they are expected to join the APEC meeting.

While world major economies and demands slow down, the declined copper price discourage the investment of mining, wind farms, solar arrays and electric vehicles.

Apple does not charge more to account for its carbon reduction efforts in its consumer technology products, said Lisa Jackson, the vice president of Environment, Policy and Social Initiative.