by Teuvo Tuomi | Sep 13, 2024 | China, Economy, Environment, Sustainability
China wants to release a new standard for calculating the carbon footprint of products, filling a gap in the country’s system of general standards. This is part of a strategy outlined by the Ministry of Ecology and Environment and 15 other national governmental bodies...
by Teuvo Tuomi | Sep 9, 2024 | Singapore, Business, News, Sustainability, Technology
Singapore is forecast to have the largest share of passenger electric vehicles (EVs), 80% of all vehicles, in Southeast Asia by 2040, according to BloombergNEF. Meanwhile, the regional average is expected to be only 24%. Thailand, in second place, is forecast to have...
by Teuvo Tuomi | Jul 14, 2024 | Vietnam, Business, Economy, Energy, News, Sustainability
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) has reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on high electricity production costs, including higher fuel prices and rising foreign exchange rates. In 2023,...
by Teuvo Tuomi | Jul 12, 2024 | Climate, Business, China, Energy, Environment, Lifestyle, News, Sustainability, Visions
Almost 25 million green power certificates, corresponding to 24.8 billion kilowatt-hours of electricity generated from renewable sources, have been traded in the last week of June on the Guangzhou Power Exchange Center in Guangdong province. This marks China’s...
by Teuvo Tuomi | Jul 11, 2024 | Energy, Climate, Environment, Finland, Innovation, News, Shipping, Singapore, Sustainability, Technology, Transportation
Finnish technology group Wärtsilä has supplied its new dual-fuel engine simulators for Wavelink Maritime Institute (WMI), the maritime training arm of the Singapore Maritime Officer’s Union (SMOU). The navigational and technological simulators are a central feature of...