Thursday, 27 February 2025

Asia-Pacific

AnalysisClimateEmissionsPolitics

Climateworks Centre: Australia has just been handed a map for getting to net zero

A report from Australia's Climate Change Authority shows how emissions cuts can be made in sectors such as land use, resources, transport and...

Residental solar panels installed on rooftops.
AnalysisElectricitySolar

Seeing is believing: your neighbour’s choice to go solar might have influenced you more than you think

While we normally think of Australia’s embrace of solar as an economic choice, it’s more than that – it’s also about the choices...

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Natural GasNewsOilTrade

Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows

Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
AnalysisBusinessEconomyIndustryPoliticsTrade

Analysis: Nippon Steel’s US setback a wake-up for Japan Inc’s foreign forays

Japanese firms grow cautious on U.S. deals as Biden may block Nippon Steel’s $15B U.S. Steel bid over security concerns.

A worker walks past inside the Asian Development Bank (ADB) headquarters in this file photo. REUTERS/Cheryl Ravelo/ File Photo
BusinessClimate FinanceEconomyFinanceNewsResiliency

ADB to devote half its lending to climate finance by 2030

Asian Development Bank hikes climate financing ambitions with a $100bn target and plan to boost private sector projects.

An attendee takes photos of the Chinese electric vehicle BYD models on display, during an event to announce the plans to open a car production plant in Pakistan, in Lahore, Pakistan August 17, 2024. REUTERS/Stringer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EVs will account for up to half of auto sales by 2030, BYD Pakistan says

China's BYD hopes that Pakistan EV sales will shoot up as it enters a market dominated by Japanese brands.

Toyota Motor Corporation's cars are seen at a briefing on the company's strategies on battery EVs in Tokyo, Japan December 14, 2021. REUTERS/Kim Kyung-Hoon/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Toyota cuts 2026 global EV output plans by a third, Nikkei reports

The world's biggest automaker now plans to build 1 million EVs in 2026, compared with the earlier announced sales target of 1.5 million.

FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo
Critical MineralsEconomyElectric Vehicles (EVs)ManufacturingNews

Toyota, Nissan to expand Japan’s battery production capacity, Nikkei reports

Toyota, Nissan, and others, backed by government support, will boost Japan's storage battery production by 50% with a 1 trillion yen investment.

The coal-powered Datang International Zhangjiakou Power Station in Zhangjiakou, as seen in November 2021 (AFP)
ClimateCoalElectricityEmissionsHydropowerNewsNuclear PowerPoliticsSolarWind

China nears peak emissions as climate envoy meets US counterpart

As China continues to install renewable energy capacity at record speeds, analysts say the country could hit peak emissions sooner than expected.

BusinessCarbon ManagementClimate FinanceEmissionsEmissions MarketsGreen SteelIndustryManufacturingNews

World Bank’s IFC signs green financing deal with Indonesia steel mill

Money for electric arc furnace technology could help steelmaker decarbonise and compete in markets looking for green steel.

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