Chinese EVs now command one-third of South Korea’s electric car market. The market share of EVs made in China jumped from 4.7% in 2022 to 33.9% in 2025. Originally reported by Korea JoongAng Daily. Korean brands lost ground fast. Domestic EV share fell from 75% to 57.2% over the same time. China-made Tesla and BYD […]
The Singapore government and the World Bank Group have launched a new Singapore Carbon Markets Programme to help countries build stronger, more transparent carbon markets. The initiative was launched at the Innovate4Climate conference in Singapore this week. This is a key step in Singapore’s goal to be a top global carbon trading hub. It also […]
Fortescue, the Australian mining giant, is building its 690MW Turner River solar farm in Western Australia’s Pilbara region. This project is key to its goal of eliminating fossil fuels from iron ore operations by 2030 as part of its “Real Zero” strategy. Fortescue is also developing a 650MWh battery energy storage system (BESS) at Cloudbreak. […]
The global race to build artificial intelligence (AI) infrastructure is accelerating at a historic pace. Bank of America (BofA) now estimates the AI data center systems market could hit about $1.7 trillion by 2030. This is a big jump from earlier predictions. The updated outlook shows a rising need for AI computing power, cloud infrastructure, […]
India and the Nordic countries are strengthening their partnership in clean energy, technology, and sustainable development. At the 3rd India-Nordic Summit in Oslo, India’s Prime Minister Narendra Modi met with leaders from Denmark, Finland, Iceland, Norway, and Sweden. They launched the Green Technology and Innovation Strategic Partnership. This summit showcased a bond built on trust, […]
The World Bank’s 2026 carbon pricing report shows that carbon pricing continues to expand across countries and sectors. Governments are increasingly using carbon taxes and emissions trading systems (ETSs) to manage greenhouse gas emissions. However, the system is still uneven in coverage and design across regions. Here are our key takeaways from the report. Carbon […]
Rio Tinto has signed a 30-year renewable power purchase agreement to decarbonize its iron ore operations in the Pilbara region of Western Australia. The deal is one of the company’s longest clean energy contracts to date. The Pilbara is one of the world’s most important iron ore mining hubs. It produces a large share of […]
Chinese battery giant Contemporary Amperex Technology Co. Ltd. (CATL) and tech leader Tencent are joining a new effort to revive demand in global carbon markets. The companies are teaming up with Mitsubishi Corporation, Vale S.A., and Osaka Gas. They aim to buy high-quality carbon credits through a Singapore-based coalition, Action for a Resilient Climate Coalition. […]
Airports play a major role in shaping global aviation activity. When airports expand by adding new runways, terminals, and support infrastructure, they encourage more flights, more passengers, and more freight movement. As a result, greenhouse gas (GHG) emissions, air pollution, and noise pollution continue to rise. Today, there are still no large-scale solutions capable of […]