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Global
January 03, 2024
5 trends that will shape green industry in 2024
IEA estimates that global renewable energy generation capacity will exceed 4,500 GW by 2024. Businesses are keen to know sustainable green energy trends. Eco-business has summarized 5 key factors of changing industries and societies.
January 02, 2024
Food producers switch to greener fertilizers to cut carbon footprints
Global leading food and drinks producers are rushing to reduce carbon footprint by tackling one of the hidden culprits of emissions in value chains: fertilizers.
December 26, 2023
Carbon credit futures fall 90% as major buyer shun the market
Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.
December 25, 2023
UK’s new CCUS Vision to create competitive carbon capture market
The UK government announced its new vision to create a carbon capture market by 2035. The plan, called the CCUS Vision, outlines a competitive UK carbon capture, usage and storage market aimed at generating new jobs and supporting its net zero goal.
December 22, 2023
Germany approves 50% hike in its carbon price next year
On Friday, Germany approved the plan to raise the price on carbon dioxide emissions by more than agreed on previously on Dec. 15. The country currently has a levy on CO2 emissions from fuel of 30 euros per ton of CO2.
December 21, 2023
Taiwan delegation to COP28 jointly acknowledge climate finance as transition accelerator
As the COP28 climate talks ended in a deal on global transition away from fossil fuels and triple renewable energy capacity by 2030, Taiwan Institute for Sustainable Energy Research (TAISE) invited Taiwan delegation to COP28 to share their observations.
December 20, 2023
Scramble for African forests looming for carbon credits
The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
December 19, 2023
UK to launch carbon brooder tax on imports by 2027
Britain will introduce a new carbon import levy on certain products from 2027 to protect local businesses against cheaper imports from countries with less strict climate regulations, the government announced on Dec. 18.
December 19, 2023
Japan eyes ammonia as critical strategic energy source
It has become a consensus for the world to reduce dependence on fossil fuels and cut carbon emissions as renewables become mainstream in recent years. Japan, which has been actively developing hydrogen, is turning its focus to ammonia as a critical fuel.
December 15, 2023
Taiwan greenlights sales of self-generated PV power to electricity retailers
The Ministry of Economic Affairs announced on Dec. 14 that self-generated green energy (Type 2 and 3 solar plants) can now be sold to renewable energy retailers, which can then resell it to corporate users. The policy change is estimated to contribute an