Archive for 'Asia'
South Korea Invests $85 Billion In Green Technology
Posted on 07. Jul, 2009 by Ross.
South Korea has whole-heartedly taken the opportunity to join the industrial scramble for domination of the world’s green technologies by announcing its plans to invest 107 trillion Won ($85 billion) in renewable energy, energy efficiency and other environmentally-friendly innovations.
The massive government funding is scheduled over the next five years and represents 2% of the country’s [...]
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South Korean Energy Prices On The Up
Posted on 29. Jun, 2009 by Ross.
South Korean energy prices are beginning an upwards trend as the state’s two utilities struggle to balance their books.
Whilst households have to deal with only a 5.1% price rise (with a 20% discount for families with three or more children in order to encourage childbirth), the competitiveness of Korean industries will suffer under a 9.8% [...]
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Major Economies Forum: No Progress Or Climate Ninjas?
Posted on 25. Jun, 2009 by Ross.
After weeks of countries announcing carbon emissions targets in the run up to the Copenhagen conference, this week’s meeting of the world’s biggest polluters at the Major Economies Forum in Mexico was notably silent, with very little news from the proceedings find its way to the media.
So was there no progress at all, or were [...]
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Vietnam Pursues Energy-Efficient Industry
Posted on 24. Jun, 2009 by Ross.
Vietnam is pursuing an aggressive policy of improving energy efficiency in factories and warehouses in a bid to increase the competitiveness and profitability of local industries.
The socialist south-east Asian country has been implementing a national programme for energy efficiency for the last three years, with the aim of saving 3-5% of national energy demands by [...]
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Japan Carbon Emission Target Leaves Green Groups Appalled
Posted on 10. Jun, 2009 by Ross.
Japan, under international pressure to commit to clear carbon emission reduction targets prior to the Copenhagen Conference in December, has appalled environmental groups with the worst target for any of the top industrialised nations.
Japan has committed to a 15% cut in carbon emissions by 2020 from 2005 levels. This figure represents one of the worst [...]
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China Prepares For Carbon Intensity Targets In Copenhagen
Posted on 21. Apr, 2009 by Ross.
In what could be a seismic step forward for the chances of success at this year’s Copenhagen conference, China has signalled that it is considering setting targets for carbon intensity - the ratio of carbon dioxide emissions to economic output. By doing so, China’s softened stance would likely be reciprocated by the USA, opening the [...]
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Kyoto 2.0 Set To Fall At The First Hurdle
Posted on 14. Apr, 2009 by Ross.
With eight months to go before representatives from 170 countries attempt to agree on a follow-up to the Kyoto Climate Protocol at the Copenhagen Climate Convention, the early indications are that insurmountable differences between key players will prevent any dramatic new action to curb global carbon dioxide emissions.
Whilst much has already been made of the [...]
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Pakistan Prepares For Summer Energy Shortage Shut-downs
Posted on 18. Mar, 2009 by Ross.
Pakistan’s power generation shortfall is set to hit 5,000MW this summer, with the consequential load-shedding set to leave homes and businesses without electricity for 10-12 hours per day. A massive economic growth spurt in 2004 was not matched by adequate growth in energy supplies, stifling further expansion and leaving businesses to count the cost of [...]
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Energy Shortages Plague Bangladesh
Posted on 18. Feb, 2009 by Ross.
Whilst Bangladesh has been gripped by large boughts of load-shedding, politicians in Dhaka are accused of dithering over cohesive proposals about how to prevent the crisis worsening, as the shortfall threatens to double going into the peak summer months.
Official current power demands slightly exceed 4,000MW, but the current generating capacity of around 3,000MW is leaving [...]
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Governments Seek Green Solution To Credit Crunch
Posted on 27. Jan, 2009 by Ross.
As the world continues to slide into recession, many would have predicted that environmental initiatives would have been amongst the first for the governmental policy chop. As country after country has announced their plans to fight against the downward spiral, however, the green agenda seems to have been furthered by politicians looking to combine Keynesian [...]
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