There is basically nothing that can stop the fourth most populous nation in the globe from making the decision to establish itself as the electric vehicles (EV) capital of the world. In fact, there are multiple reasons why automakers and tech firms are choosing Indonesia as their preferred destination for EV investments. Especially after a …
Indonesia plans millions in incentives to boost EV sales Read More »
As part of a European Union response to skyrocketing power costs, the Finnish government announced on Thursday that it had proposed a temporary windfall tax on earnings from the nation’s electricity corporations. Fortum is the biggest one. The government estimated that the proposed 30% tax, which would be levied on income in excess of a …
Environmentalists are alarmed by the infamous Guanbara Bay in Rio de Janeiro, which is known as the “graveyard of ships.” For more than six years, they have anchored one of the ships. 50 tonnes of fuel oil remained inside the corroding Sao Luiz ship. Activists believe that the “graveyard of ships” is about to unleash …
Graveyard of abandoned ships in Brazil risks environmental disaster Read More »
According to a government report released this week, the number of polar bears in Canada’s Western Hudson Bay has decreased 27% in just five years. It is a clear demonstration of how climate change has an effect on animals. Every autumn, as they make their way back to the sea ice, the bears that live …
The last year saw the highest volume of rule-making ever for climate and sustainability. And they project 2023 to be no different as legislators tighten the noose around shady or dishonest corporate behavior. From Canada to South Africa, proposed or adopted regulations addressed a wide range of topics. They include a range from promoting corporate …
A new climate for climate rules: Sustainable business or no business Read More »
A new electric city car created for urban use is Microlino. It is the best way to travel in cities because it has room for two people, a range of up to 230 km, and a front door that lets you cross-park it. This isn’t a vehicle. Microlino is the future of urban mobility. This …
Swiss Microlino redesigns the bubble car with an electric version Read More »
Malaysia, the world’s second-largest palm oil producer, accused the European Union (EU) on Friday of obstructing the sale of goods associated with deforestation within the 27-nation bloc by passing a new rule. A new rule passed by the EU earlier this month mandates that businesses prepare a due diligence statement demonstrating that their supply chains …
Due to favorable weather, renewables made up 46.9% of German power consumption in 2022. This is an increase of 4.9 percentage points from the previous year, according to an industry group’s announcement this month. According to a joint statement from utility industry organization BDEW and the Centre for Solar Energy and Hydrogen Research (ZSW), the …
German recipe for energy crisis: Renewables provided 46.9% of the power used Read More »
India is developing a $2 billion incentive scheme for the green hydrogen industry in an effort to reduce emissions and establish itself as a major exporter in the sector, according to three sources cited by Reuters. Senior government official and an industry manager involved in renewable energy said the $2.2 billion incentive intends to cut …
India to inject $2 billion incentive for the green hydrogen industry Read More »
Late on Thursday night, the World Bank’s board of directors gave final approval to a $500 million initiative in Brazil that will increase sustainability-linked financing, improve the private sector’s ability to access carbon credit markets, and aid Brazil in reducing deforestation and meeting climate goals. The program uses a sustainable lending strategy in collaboration with …
World Bank: For Brazil to meet climate goals – a loan of $500 million Read More »
