There will be a boom in the popularity of electric vehicles in Taiwan in five or six years, Minister of Economic Affairs Shih Yen-shiang said this week while presiding over a ceremony to mark the launch of a government project aimed at encouraging people to buy electric vehicles.
Although such vehicles are not cheap, the Smart Electric Cars Pilot Project initiated by the Ministry of Economic Affairs has been set up to help people buy or lease such vehicles, Taiwan’s Taipei Times reported.
Chinese company Anwell Digital Machinery has secured a RMB700m (USD110m) capital injection from the municipal government of Dongguan for the development of a second thin film solar panel factory in the province.
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.