Author: Tracy Liu

08 Jun Australian Regulator Urges Disclosure of Asset Impact in Company Results

發表於 00:39 作者 Tracy Liu

The Australian corporate regulator, ASIC, has emphasized the importance of companies providing comprehensive disclosures regarding the effects of COVID-19 and increasing interest rates on their asset valuations in their upcoming financial reports, as reported by Reuters on June 6. ASIC's statement urges directors to ensure that...

08 Jun Microsoft Settles FTC Charges for USD20M Over Unauthorized Collection of Children’s Personal Information

發表於 00:33 作者 Tracy Liu

Microsoft[MSFT:US] has agreed to pay USD20m as part of a settlement with the U.S. Federal Trade Commission (FTC) after being accused of unlawfully gathering personal information from children without parental consent, as reported by Reuters on June 5. The company was found to have violated...

30 May Canada Invests in GM-POSCO Battery Materials Facility

發表於 13:21 作者 Tracy Liu

The Canadian federal government and the Quebec province have committed approximately CAD150m (USD110m) each to support the establishment of a General Motors-POSCO Chemical battery materials facility in Becancour, Quebec, as reported by Reuters on May 29. The facility aims to produce cathode active material (CAM)...

30 May Indonesian State Utility Seeks USD700m Investment for Solar Panel Project

發表於 13:14 作者 Tracy Liu

Indonesia's state utility company, Perusahaan Listrik Negara (PLN) [PLN:IJ], has announced its intention to secure a USD700m investment for the installation of a 200 mega-watts (MW) solar panel system, with the goal of replacing diesel generators and reducing carbon emissions, as reported by Reuters on...

24 May California Requests Approval for Plan to Phase Out Gasoline Vehicles by 2035

發表於 17:22 作者 Tracy Liu

California has submitted a request to the Biden administration to approve its groundbreaking plan that would require all new vehicles sold in the state by 2035 to be electric or plug-in electric hybrids, with the aim of phasing out gasoline-powered vehicles, as reported by Reuters...

24 May Britain Funds Landmark Amazon Rainforest Experiment to Study Carbon Dioxide Impact on Trees

發表於 17:20 作者 Tracy Liu

The British government has announced new funding for a groundbreaking scientific endeavor in the Amazon rainforest in Brazil, as reported by Reuters on May 25. The project aims to study the effects of increasing carbon dioxide levels on trees. Foreign Secretary James Cleverley visited the...

24 May Meta Hit with Record Fine and Data Transfer Suspension by EU Privacy Regulator

發表於 17:13 作者 Tracy Liu

Meta [META:US], the parent company of Facebook [FB:US], has been hit with a historic EUR1.2bn (USD1.3bn) fine by the Data Protection Commissioner (DPC) in Ireland, the leading privacy regulator in the European Union. The fine was imposed due to Meta's mishandling of user data and...

23 May G7 Nations Pledge to Transform Road Sector Towards Decarbonization and Net-Zero Emissions

發表於 10:06 作者 Tracy Liu

The G7 nations have reaffirmed their commitment to achieving a highly decarbonized road sector by 2030 and net-zero emissions on roads by 2050, as reported by Reuters on May 20. They outlined various actions, including policies to promote the widespread adoption of zero-emission vehicles, aiming...

23 May California Approves USD7.3bn Plan for Power Transmission Projects

發表於 10:05 作者 Tracy Liu

California's electric grid operator has given the green light to a USD7.3bn plan for 45 power transmission projects to be implemented over the next ten years, facilitating the connection of new power plants in high-priority regions to the grid, as reported by Reuters on May...

17 May EU Set to Increase Renewable Energy Target to 42.5% by 2030 to Combat Climate Change

發表於 09:50 作者 Tracy Liu

The European Union (EU) is on the verge of finalizing a new renewable energy target that aims to achieve 42.5% of the bloc's energy from renewable sources by 2030, as reported by Reuters on May 15. This target is a significant increase from the previous...

17 May Vietnam Approves Power Plan Requiring USD134.7bn for Transition to Carbon Neutrality

發表於 09:44 作者 Tracy Liu

Vietnam's prime minister has given approval to a power plan, known as PDP8, that aims to secure energy for the country while transitioning from coal to carbon neutrality by 2050, as reported by Reuters on May 15. The plan requires USD134.7bn of funding for new...

16 May Coal-Fired Power Capacity in the U.S. to Decline by Over Half by 2050, says EIA

發表於 09:42 作者 Tracy Liu

According to the U.S. Energy Information Administration (EIA), coal-fired power plants in the United States will experience a capacity decline of over 50% from 2022 levels by 2050, due to the rising costs of complying with environmental regulations and the displacement of older coal plants...

16 May Japan Designates Five Offshore Sites for Wind Farm Development

發表於 09:41 作者 Tracy Liu

The Japanese government announced the selection of five sites off the coast of Hokkaido as "promising zones" for developing offshore wind farms, which is the second phase of a three-stage selection process, as reported by Reuters on May 12. Japan is aiming to accelerate the...

16 May US Energy Department to Lend USD362m to California Startup CelLink for Manufacturing Facility

發表於 09:38 作者 Tracy Liu

The Energy Department of the United States has announced that it plans to lend USD362m to CelLink, a California-based startup, to support the construction of a manufacturing facility in Georgetown, Texas, as reported by Reuters on May 12. The loan, which is conditional, is from...

11 May EU Draft Proposes Stricter Rules for Non-EU Cloud Service Providers Handling Sensitive Data

發表於 11:26 作者 Tracy Liu

According to a draft document from the EU cybersecurity agency ENISA, non-European Union cloud service providers like Amazon [AMZN:US], Google [GOOGL:US], and Microsoft [MSFT:US] can only obtain an EU cybersecurity label for handling sensitive data through a joint venture with an EU-based company, as reported...

Author: Tracy Liu

08 Jun Australian Regulator Urges Disclosure of Asset Impact in Company Results￼

08 Jun Microsoft Settles FTC Charges for USD20M Over Unauthorized Collection of Children’s Personal Information￼

30 May Canada Invests in GM-POSCO Battery Materials Facility

30 May Indonesian State Utility Seeks USD700m Investment for Solar Panel Project

24 May California Requests Approval for Plan to Phase Out Gasoline Vehicles by 2035

24 May Britain Funds Landmark Amazon Rainforest Experiment to Study Carbon Dioxide Impact on Trees

24 May Meta Hit with Record Fine and Data Transfer Suspension by EU Privacy Regulator

23 May G7 Nations Pledge to Transform Road Sector Towards Decarbonization and Net-Zero Emissions

23 May California Approves USD7.3bn Plan for Power Transmission Projects

17 May EU Set to Increase Renewable Energy Target to 42.5% by 2030 to Combat Climate Change

17 May Vietnam Approves Power Plan Requiring USD134.7bn for Transition to Carbon Neutrality

16 May Coal-Fired Power Capacity in the U.S. to Decline by Over Half by 2050, says EIA

16 May Japan Designates Five Offshore Sites for Wind Farm Development

16 May US Energy Department to Lend USD362m to California Startup CelLink for Manufacturing Facility

11 May EU Draft Proposes Stricter Rules for Non-EU Cloud Service Providers Handling Sensitive Data

08 Jun Australian Regulator Urges Disclosure of Asset Impact in Company Results

08 Jun Microsoft Settles FTC Charges for USD20M Over Unauthorized Collection of Children’s Personal Information