Berlin : A far-reaching new study of the life-cycle greenhouse gas (GHG) emissions from passenger cars, including SUVs, draws sharp and meticulous distinctions between the climate impacts of battery and fuel cell electric vehicles on one hand and combustion vehicles on the other. The detailed findings can be summarized straightforwardly. Only battery electric vehicles (BEVs) […]
Singapore Says S$5 Carbon Tax ‘A Start’ As It Eyes Higher Levy
Singapore is reviewing the planned increase in its carbon tax for businesses with a view to possibly raising the levy higher than earlier indicated, according to Minister for Sustainability and the Environment Grace Fu. “We think there’s room to move,” said Fu on Friday in an interview with Bloomberg Television’s Haslinda Amin and Rishaad Salamat. […]
FM Emphasis on Role of Technology in Fighting Climate Change
Sitharaman highlighted that in India, fiscal policy options are used for better environmental outcomes and concessional tax rates are in place to promote use of renewables, the finance ministry said in a series of tweets. Finance Minister Nirmala Sitharaman on Friday emphasised on the role of technology in fighting climate change and called for international […]
Green Finance Set to Touch $2.36 Trillion Globally by 2023: Report
The concept of green bonds in the global finance ecosystem is fast catching up. Green bonds valued at $106.86 billion were issued in just the first quarter of 2021, according to a report published by the British non-profit Climate Bonds Initiative. A green bond is a type of fixed-income instrument that is specifically earmarked to […]
10 Cleantech Trends in 2021
OneWatt Solar Raises N3bn Green Bond For Renewable Energy
OneWatt Solar (OWS) has successful raised N3 billion under its N10 billion Green Bond Issuance Programme. The debt instruments comprised a N2 billion 7-year Green Bond Issue (Tranche I) and a N1 billion 7 year Green Sukuk Issue (Tranche II). According to the company, the issuance was the first of its kind in several categories, […]
Geopolitical Implications of Green Hydrogen Economy
Action to mitigate climate change is set up to be a major global theme politically and economically for the coming decades. This is no longer merely about environmental conservatism; it is also about long-term industrial and economic sustainability. In the competition between countries, access to technology, natural resources, and human capital needed to deliver this […]
Renewable Energy Takes Center Stage in Manila Times Forum
Industry leaders and experts will discuss the challenges of attaining a sustainable environment while meeting the needs of a growing economy during a forum of The Manila Times today, June 30. The forum, dubbed “Propelling Renewable Energy against Climate Change,” will tackle how the Philippines can address climate change by tapping renewable energy (RE). Sen. […]
Upper Atmosphere Cooling And Shrinking 600 Feet Per Decade Due to Climate Change: Study
The mesosphere lies just above the stratosphere, which has the critical ozone layer that protects us from the deadly ultraviolet radiation of the Sun. As countries prepare to meet in the coming months to accelerate action towards the goals of the Paris Agreement, the situation is getting alarming with every passing day. Scientists have now […]
Amazon Launches Rooftop Solar Power Plant
The 5,565-panel rooftop will generate on-site solar energy to power 60% of DXB3’s energy demands Amazon has inaugurated its first solar rooftop in the UAE, the first step on its sustainability roadmap across the Middle East and North Africa (MENA) region, as part of its global commitment to sustainability. The plant Amazon’s first on-site renewable […]