By Reuters Staff
1 Min Read
FILE PHOTO: The logo of Marubeni Corp is seen at the company headquarters in Tokyo, Japan, May 10, 2016. REUTERS/Toru Hanai
TOKYO (Reuters) - Japanese trading house Marubeni plans to hasten the planned sale of its stakes in coal-fired power plants worldwide to reflect a growing global move toward decarbonisation, its Chief Financial Officer (CFO) Takayuki Furuya said on Wednesday.
The company, which is also involved in development and operation of an industrial park and power infrastructure in Myanmar, does not know how this week’s coup would impact its businesses yet, but it is closely watching the situation, Furuya told a news conference.
Newfoundland s Altius Minerals launches $100-million renewable power IPO to help pivot from coal theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
China's aluminium sector must shut dedicated power capacity equivalent to more than Germany's entire coal fleet over the next decade to keep Beijing on track to meet its carbon pledges, climate think tank Ember says.
“There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said during his keynote speech at this year’s annual meeting in the company. Like other executives from the industry, Simonelli acknowledged and welcomed the energy transition, but he noted that a 100-percent renewable energy scenario was simply not possible. There is plenty of evidence this is indeed the case, despite the hopes and ambitions of many environmental advocates.
These hopes and ambitions imagine a world where human activity is powered from electricity only, and this electricity in turn is being generated using only renewable energy sources such as solar, wind, and hydropower.
By Reuters Staff
2 Min Read
FILE PHOTO: Birds fly over a closed steel factory where chimneys of another working factory are seen in background, in Tangshan, Hebei province, China, February 27, 2016. REUTERS/Kim Kyung-Hoon/File Photo
SHANGHAI (Reuters) - China will set up a new information platform to allow the public to track the emissions of polluting enterprises and help authorities prosecute those that break the rules or try to “evade supervision”, the environment ministry said.
A total of 2.36 million companies, industrial facilities and institutions in China are legally obliged to obtain permits to emit pollutants like sulphur dioxide or wastewater.