Author: Jordy Leo

24 Aug Guangdong Establishes E-Motor Recycling Network to Prevent Battery Fire Hazards

Posted at 17:00 by Jordy Leo

The southern Chinese province of Guangdong will establish a recycling network for electric motorbikes (e-bikes) and their batteries to prevent battery-linked fires, as reported by Caixin on August 21. Non-profit social group Guangdong Electric Vehicle Association (GDEVA) will invite professional recycling enterprises and e-bike retailers...

24 Aug Australia’s Green Bond Issuance Soars as New Government Pledges Carbon Reduction

Posted at 16:50 by Jordy Leo

Australia has issued AUD4.6bn (USD3.2bn) worth of green bonds so far this year, on pace to exceed last year’s AUD6bn (USD4.1bn) total issuance, as reported by Bloomberg on August 20. According to Susan Barron, global head of sustainable capital markets at Barclays [BCS:US], Australia’s sustainable...

24 Aug China’s Steel Industry Publishes Roadmap Toward Net-Zero

Posted at 16:27 by Jordy Leo

The Steel Industry Low-Carbon Promotion Committee, led by the state-affiliated China Iron and Steel Association (CISA), published a roadmap for realizing net-zero carbon emissions for the country’s steel sector, as reported by Caixin on August 19. The roadmap proposed a dual-carbon technology pathway for the...

18 Aug JERA Acquires 35% Shares of Vietnam Renewable Company TTC with USD112m

Posted at 12:10 by Jordy Leo

Japan’s largest power generation firm JERA [9502:JP] has paid JPY15bn (USD112m) for a 35.1% stake in Gia Lai Electricity JSC (GEC), a renewable energy unit under Vietnam’s conglomerate Than Thanh Cong Group (TTC), to expand its overseas decarbonization business, as reported by Reuters on August...

18 Aug Samsung Electronics to Join RE100 Initiative After Lee Jae-Yong Back in Charge

Posted at 12:05 by Jordy Leo

Samsung Electronics [005930:KS], the world's top smartphone and chip maker, will soon join the RE100 Initiative, a global eco-friendly organization whose members commit to shifting to 100% renewable energy by as early as 2025, as reported by the Korea Economic Daily on August 14. According...

18 Aug China Regulators Receive Algorithm Details from App Operators

Posted at 11:42 by Jordy Leo

The Cyberspace Administration of China (CAC) has released a list comprising 30 algorithms used in some of the country’s most popular apps, such as Tencent’s [0700:HK] WeChat, Alibaba’s [BABA:US] Taobao, and ByteDance’s Douyin, as reported by South China Morning Post on August 13. The unprecedented...

16 Aug Japan’s Green Transition Bond Issuance Soars in the First Seven Months of 2022

Posted at 17:31 by Jordy Leo

Japanese companies have issued JPY285bn (USD2.12bn) of green transition bonds in the first seven months of the year, 14 times more than their total issuance of 2021, as reported by Nikkei Asia on August 13. The skyrocketing of green transition bonds in Japan is proof...

16 Aug China Stops Approving Small Coal Mines in Key Production Areas

Posted at 17:15 by Jordy Leo

China will phase out small and unsafe coal mines to address safety concerns, as reported by Caixin on August 11. Meanwhile, the country will continue developing large and technologically advanced coal mines to secure its energy supply. According to a work plan highlighting production safety...

16 Aug Freshly Prepared Drinks to Be Labelled with Nutri-Grade Mark in Singapore

Posted at 16:58 by Jordy Leo

The Ministry of Health of Singapore announced new measures that require outlets selling freshly brewed drinks to include nutrition labels on their menus to specify drinks that contain higher levels of sugar and saturated fat, as reported by Strait Times on August 11. Freshly brewed...

10 Aug Total Energies Installs Rooftop Solar Panels in KCN Vietnam’s Factories

Posted at 15:12 by Jordy Leo

French oil company Total Energies [TTE:FP] has signed a memorandum of understanding (MoU) with Vietnam’s industrial property developer KCN Vietnam to provide solar power to the latter, as reported by Nikkei Asia on August 9. Total Energies will install 280,000 square meters of solar panels...

10 Aug India to Ban Carbon Credit Export Until Climate Targets Are Met

Posted at 15:05 by Jordy Leo

India will prohibit enterprises from exporting carbon credits, as reported by Bloomberg on August 8. The decision was announced by India’s Power and Renewable Energy Minister Raj Kumar Singh. On the same day, the lower house of the Indian parliament, Lok Sabha, approved the Energy...

10 Aug China Investigates 18 Coal Enterprises for Price Gouging

Posted at 11:39 by Jordy Leo

China’s State Administration for Market Regulation (SAMR) has identified 18 coal enterprises for suspected coal price gouging and three trading centers for not adopting government pricing after preliminary investigations, as reported by Sina on August 6. In July, the SAMR sent three investigation teams to...

10 Aug India Vows 45% Emission Intensity Reduction in New National Emissions Pledges

Posted at 11:19 by Jordy Leo

The Indian federal cabinet approved the new national emissions pledges known as Nationally Determined Contributions (NDCs), including reducing the emission intensity of its GDP by 45% by 2030 from 2005 levels and meeting half of its electricity demand from non-fossil-based sources, as reported by Reuters...

10 Aug Singapore’s NTU and RGE to Launch Sustainable Textile Research Center

Posted at 11:06 by Jordy Leo

Singapore’s Nanyang Technological University (NTU) and the world’s largest viscose manufacturer Royal Golden Eagle (RGE) [3308:HK] jointly launched a textile recycling research center to produce new fabrics and materials from used fabrics such as old clothes, as reported by the Strait Times on August 4....

04 Aug Ports of Singapore and Rotterdam Collaborate on Digitalization and Green Fuel

Posted at 11:06 by Jordy Leo

The Maritime and Port Authority of Singapore (MPA) and the Dutch Port of Rotterdam have signed a memorandum of understanding (MOU) to jointly develop a sustainable and digitalized shipping industry, as reported by Strait Times on August 2. Specifically, the two port authorities will trial...