The Philippines Securities and Exchange Commission (PSE) has approved a new set of guidelines specifically for petroleum and renewable energy companies seeking to list on the Philippine Stock Exchange, The Philippine Daily Enquirer reported Friday.
Seeking to tap Iceland’s unique expertise in geothermal technology, India has announced a plan to work with the northern country to develop its own capabilities in that fast-emerging and potentially huge renewable energy sector.
China is leading the way, having put USD54.4 billion towards clean tech last year, more than any other country. However, there are a lot of obstacles to overcome before all this investment pays off.
Japan's ruling Democratic Party has reached an agreement with the main opposition parties late last week to pass a bill designed to promote renewable energy, an opposition lawmaker said, setting the stage for unpopular Prime Minister Naoto Kan to resign once the law is enacted, according to Reuters.
The Philippine's Board of Investments (BoI) is seeking the temporary postponement of the implementation of the Renewable Energy Act of 2008, particularly the feed-in tariff (FIT) rate provision, as it says the country first needs to attract more investments and stay competitive in the global arena.
Japanese power companies fell short in the 2010 fiscal year of meeting their obligations under the country's Renewables Portfolio Standard Act, according to the Ministry of Economy, Trade and Industry, reported Environmental website EcoSeed This week.
China is leading the world in addressing climate change by investing more than any other country in renewable technology, the head of Greenpeace International said on Wednesday.
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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