South Korea’s Ministry of Environment has outlined its plan for the control of Green House Gas (GHG) emissions from its major industries and may link an energy taxation system to emissions as part of efforts to reduce emissions.
As announced Monday, estimated emissions from 480 companies that are being reined in during 2013 are 590 million tonnes of CO2 and the target is to cut that back to 572 million tonnes for a reduction of 3.02 percent.
China’s Ministry of Environmental Protection yesterday launched a nationwide survey to examine the country’s environmental protection industry according to a report in the China Daily.
Panasonic has opened an “eco ideas” Factory in Vietnam which is aimed at producing eco-friendly products with sustainable industry practices and raising the level of eco consciousness in the local community.
South Korea’s economy ministry said today that it wants companies to reduce their greenhouse gas emissions by 3 percent to 553.4 million tonnes next year, effectively doubling the reductions achieved in 2012, as it prepares for its new cap-and-trade scheme starting in 2015.
The local industrial and power sectors are on track to record emission of 570.6 million tonnes this year which is a reduction of 8 million tonnes or 1.42 percent over 2011. The ministry said it wants to see further cuts of 17.2 million in 2013.
PepsiCo has developed a tool to calculate the carbon emissions of different materials and activities in a company’s supply chain and operations, and within minutes pinpoint which of these carries the largest carbon footprint.
A new report by South Korea’s National Institute of Environmental Research has highlighted the health threat from exposure to heavy metals in children’s products.
Some of Asia's emerging economies, including the Philippines and India, face the greatest financial risk from natural disasters, a study concludes. Another argues sustainable and clean tech development will help them.
Bangladesh, the Philippines, Burma, India and Vietnam are among the 10 countries with the greatest proportion of their economic output exposed to natural hazards, says Maplecroft's second Natural Hazards Risk Atlas.
The global electric vehicle market and rechargeable battery sector could be in for supply shock, according to a US mining company and has benefited a Mongolian company.
China on Wednesday launched a physical trading platform for rare earth metals as part of its efforts to regulate the sector and strengthen its pricing power for the resources, according to China Daily.
China has announced a further tightening of rules surrounding the production of rare earth metals which will force miners and smelters to be able to handle a minimum quantity.
At the same time, the Ministry of Industry and Information Technology (MIIT) also announced that it will shut down about one-fifth of its rare earths production capacity.
Malaysia’s International Trade and Industry Ministry is ready to grant generous incentives to car manufacturers from both national and non-national assemblers to encourage the production of hybrid and cost-effective models for the Asean market, according to The Star newspaper.
Two major state-owned Indonesian companies, oil and gas firm PT Pertamina and electronics group PT LEN Industry, are joining forces to build an integrated PV manufacturing plant and further establish the country’s solar power industry.
An eco-industrial park will be built in Zhenjiang city, Jiangsu province, as a strategic cooperation project between the Chinese and Swiss governments, officials at the second Sino-Swiss Economic Forum announced on Tuesday.
China, the world's biggest producer of rare earth metals, is likely to turn an importer of the vital industrial ingredients by as early as 2014 as it boosts consumption in domestic high-tech industries rather than just shipping raw material overseas, according to Reuters.
Vietnam is in need of about USD7.6 billion in funding for environmental protection for all sectors and industries, said Dang Van Loi, deputy head of the Pollution Management Department under the Vietnam Environment Administration yesterday.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
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