Hong Kong environmental groups have urged the government to focus on accelerating the commercial use of electric vehicles and enhancing green infrastructure, after scrapping a tax concession scheme for private cars that has cost HK$30 billion over the past decade. The scheme offers car owners a higher FRT concession of up to HK$172,500 (US$22,056) when…
Hong Kong will not pursue carbon-based taxation in its decarbonisation efforts, as maintaining a low and simple tax framework is central to the city’s competitive advantage, the financial chief has told a panel at the World Economic Forum. Speaking at the “How to Finance Decarbonization?” panel in Davos, Switzerland, Financial Secretary Paul Chan Mo-po said…
It’s no secret that billionaires and their superyachts have created quite a stir over the last few years. With the ships seemingly getting larger and their carbon emissions following suit, observers have criticized the superyachts’ impact on the environment. For Russian billionaire Leonid Mikhelson, his impact nearly expanded well beyond the waters of the Balearic…
A Hong Kong-based start-up has developed an artificial intelligence-powered system that detects the origin and size of factory emissions, which could be applied for monitoring purposes in mainland China and other countries, according to its founder. ANTEI AI Innovation Hub created the AURA framework for real-time detection of industrial smoke emissions with an eye toward…
TALATAN, China (AP) — High on the Tibetan plateau, Chinese government officials last month showed off what they say will be the world’s largest solar farm when completed — 610 square kilometers (235 square miles), the size of the American city of Chicago. China has been installing solar panels at a blistering pace, far faster…
Most of France has been sweltering under a heat wave this week, so naturally air conditioning has become the latest flash point in climate politics. The climate scolds want to prod the public into adopting what they call “energy sobriety,” and the French are discovering that in practice this means less AC. PREMIUM (FILES) The…
Carbon emissions from the global fashion industry rose in 2023 for the first time since 2019, according to new data from the Apparel Impact Institute (AII). The nonprofit dedicated to supporting decarbonization of the fashion industry looked at greenhouse gas emissions data across the apparel sector for its “Taking Stock of Progress Against the Roadmap…
The French Senate has approved a new legislation that puts strict rules on ultra-fast fashion brands like SHEIN and Temu. This bill bans ads for brands that harm the environment and fines those that don’t follow sustainability rules. The goal is to push the fashion industry toward more eco-friendly practices with lower carbon footprint, aiming…
What will it take for low-impact textile manufacturing innovation to operationalize and scale beyond the “blah blah blah” of good intentions but lethargic action that has locked the industry in action-plan paralysis? Arvind Limited and Fashion for Good want to find out. The Indian production giant and the Amsterdam innovation platform are at the Global…