The European Union’s (EU) tariffs on biodiesel and renewable diesel from China present Hong Kong with an opportunity to promote the use of low-carbon fuels, according to a business group, which called for more measures to support its adoption. A dearth of financial incentives and infrastructure has also resulted in limited use by the public…
Save to read list Published by Oliver Kleinschmidt, Assistant Editor Hydrocarbon Engineering, Tuesday, 25 February 2025 10:00 Chimbusco Pan Nation (CPN) has completed the…
Ecoceres, a spinoff from Hong Kong billionaire Lee Shau Kee’s gas supplier Towngas, makes environmentally-friendly jet fuel out of animal fat and used cooking oil. It has set its sights on becoming a leading producer of such fuel by the end of this year. As airlines around the world aim to mitigate their climate impact,…
HSBC has signed Hong Kong’s first deal for the corporate purchase of sustainable aviation fuel (SAF) to cut its travel-related carbon emissions, ahead of government policies aimed at driving the use of the fuel to help the city meet its climate goals. In a three-party agreement announced on Tuesday, the city’s largest bank agreed to…