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Taiwan to direct most carbon fee revenue to local governments, business emissions‑reduction efforts
The government proposes funding for building efficiency, sustainable transport, industrial transition and climate technology as businesses seek longer-term financing for major projects.
Besides adaptation, the South Asian country is now embarking on mitigation to reduce carbon emissions and air pollution that kill hundreds of thousands of people every year.
Customers want low carbon nickel but refuse to pay more, says Nickel Industries’ Muchtazar, as experts look to carbon credits and new incentives to make Indonesia’s smelters go green.
As demand for air-conditioning increases across Asia Pacific countries, a new report warns that running coolers on fossil fuel-based grids could worsen emissions, resulting in maladaptation.
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