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decarbonisation

PetroChina on track to peak carbon emissions, double output powered by low-carbon energy: top executives

by Anas Siddiqui
PetroChina on track to peak carbon emissions, double output powered by low-carbon energy: top executives

PetroChina, the nation’s largest oil and gas producer, is on track to reach its goal to peak carbon emissions next year and is confident it can double the contribution of …

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Transition finance seen as a crucial tool in the fight against climate change in Asia

by Anas Siddiqui
Transition finance seen as a crucial tool in the fight against climate change in Asia

There is a US$4 trillion funding gap compared with the US$5 trillion annual investment the world needs to make by 2030 to reach the Paris Agreement’s ambition to contain global …

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China’s steel sector could cut carbon emissions by more than 10% next year with faster shift to clean production: report

by Anas Siddiqui
China’s steel sector could cut carbon emissions by more than 10% next year with faster shift to clean production: report

China’s steel sector could cut its greenhouse-gas emissions by over a tenth from current levels by next year if the country gets more ambitious about adopting cleaner production technology, according …

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China’s climate goals: growing energy consumption, slow progress on decarbonisation pose challenges, says NEA director

by Anas Siddiqui
China’s climate goals: growing energy consumption, slow progress on decarbonisation pose challenges, says NEA director

China’s growing energy consumption, faltering progress on decarbonisation, and limitations on new energy capacity installation pose major challenges for the world’s largest greenhouse gas emitter’s climate goals, according to the …

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Green shipping: China Merchants to build emission-cutting propulsion system for UK-based BAR Tech

by Anas Siddiqui
Green shipping: China Merchants to build emission-cutting propulsion system for UK-based BAR Tech

“In looking at where we manufacture our WindWings, we recognised we have to align our production with the leading nations in global shipping construction,” BAR Tech CEO John Cooper said …

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AstraZeneca, Novartis, rival drug makers to buy renewable energy from Envision for manufacturing plants in China

by Anas Siddiqui
AstraZeneca, Novartis, rival drug makers to buy renewable energy from Envision for manufacturing plants in China

AstraZeneca, Novartis and three other global drug makers have agreed to buy renewable energy from a Chinese supplier to run their manufacturing facilities on the mainland, helping to stem worsening …

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Exclusive | ‘Wealth for Green’: Australian family office Twynam Group to raise US$50 million for Hong Kong, Greater Bay Area decarbonisation fund

by Anas Siddiqui
Exclusive | ‘Wealth for Green’: Australian family office Twynam Group to raise US million for Hong Kong, Greater Bay Area decarbonisation fund

The asset manager’s interest in Hong Kong comes as the city pursues parallel goals of becoming a hub for both green finance and family offices, the corporations set up by …

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Cop28: demand-side carbon reduction is low-hanging fruit in climate-change fight, says Schneider Electric

by Anas Siddiqui
Cop28: demand-side carbon reduction is low-hanging fruit in climate-change fight, says Schneider Electric

The world is missing out on a significant amount of relatively easy decarbonisation opportunities, something it can ill afford to do given that the transition to low-carbon energy supply will …

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Greener shipping: China can bolster global climate change fight by using biofuel in ships instead of exporting it, Dutch start-up 123Carbon says

by Anas Siddiqui
Greener shipping: China can bolster global climate change fight by using biofuel in ships instead of exporting it, Dutch start-up 123Carbon says

China, a major biofuel exporter, can do more to fight climate change by using low-carbon fuel in Chinese ocean-going vessels instead of exporting it, according to Holland-based 123Carbon. Doing so …

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Opinion: COP28: Companies’ embrace of carbon credits puts to shame countries’ climate backsliding

by Anas Siddiqui
Opinion: COP28: Companies’ embrace of carbon credits puts to shame countries’ climate backsliding

The consequences of a global backslide on carbon commitment on the safety of everyone on Earth are considerable. Worryingly, it may usher in a period of conflict between wealthy Global …

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