Saturday, 1 March 2025

Asia-Pacific

Indonesia has pledged to phase out coal power in 15 years and reach net-zero emissions by mid-century (AFP)
AnalysisBiofuelsClimateCoalEconomyElectricityEmissionsEnvironmentGeothermalIndustryNuclear PowerPoliticsRegulationsUtilities

Indonesia’s new coal phase-out goal sets ‘daunting task’

Meeting Indonesia's pledge to phase out coal power is a daunting task that will require immediate and ambitious action, experts warn.

FILE PHOTO: A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021.  REUTERS/Vladimir Soldatkin/File Photo
AnalysisBusinessEconomyLiquefied Natural GasPoliticsTrade

Analysis: Rival LNG supplies, Sakhalin’s depleting fields give Japan an exit from Russian gas

Japan eyes LNG shift as Sakhalin-2 deals near expiry, balancing energy security, geopolitics, and the push for renewables.

A man walks near a Tesla car at a charging station outside a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024. REUTERS/Florence Lo/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4

The rare weekly sales disclosure came after Tesla logged its best month in the Chinese market this year with sales exceeding 73,000 in...

The island of New Guinea is home to the third-largest expanse of rainforest on the planet and has long been celebrated as one of the 'lungs of the Earth' (AFP)
Climate FinanceCoalEnvironmentNatural GasNewsUnited Nations

Papua New Guinea PM vows to return to UN climate talks

Papua New Guinea's prime minister promised to return to UN climate summits after boycotting this year's talks.

FILE PHOTO: A worker stacks steel pipes in the western Indian city of Ahmedabad November 4, 2014.  REUTERS/Amit Dave/File Photo
BusinessClimateCoalEconomyElectricityEmissionsEnvironmentIndustryManufacturingNewsPoliticsReports

India’s steel expansion could hinder net zero emission goal, GEM says

India's coal-driven steel expansion risks derailing its net-zero 2070 target, warns GEM, citing $187B in stranded assets.

Xiaomi's first electric vehicle SU7 is displayed at a showroom of a newly opened Xiaomi store in Beijing, China March 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s Xiaomi to launch new SUV next summer amid rising demands

Xiaomi will launch its first electric SUV, the YU7, as it ventures deeper into China's competitive auto market.

FILE PHOTO: The production line of VinFast's factory is pictured in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

EV maker VinFast to build second production plant in Vietnam

VinFast said the new facility is expected to produce 300,000 units annually in its initial phase.

FILE PHOTO: The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration/File Photo
Critical MineralsMineralsNewsPoliticsTrade

Rattled by China, West scrambles to rejig critical minerals supply chains

Beijing's fresh mineral export restrictions bring added urgency for Western players to cut their reliance on minerals from China.

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