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A cargo ship near Qingdao Port. Photo: Agence France Presse

China to lead decarbonisation of global maritime industry, analysts say

China is a step ahead because it is a world leader in electric vehicles, renewable energy and battery supply chains.

HSBC, Cathay Pacific, EcoCeres sign Hong Kong sustainable aviation fuel pact

Hongkongers to pay nearly 1% more for electricity next year

Undersea cables in Baltic Sea cut, Germany and Finland fear sabotage

Probes launched after communication cables between new Nato members Finland and Sweden and alliance partners Germany and Lithuania were damaged.

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The 1,200km cable connecting Helsinki to the German port of Rostock being laid in 2015. File photo: Lehtikuva via AFP

Russian gas set to power Shanghai by end of 2024 after pipeline completed

Final section of the east-route natural gas pipeline between China and Russia completed seven months ahead of schedule.

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China to address global overcapacity concerns by cutting export-tax rebate

Move seen discouraging vicious low-price competition and outsized industry expansions, and Chinese manufacturer profits could take a hit.

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Singapore sentences O.K. Lim to over 17 years in prison

The Hing Leong founder, also known as Lim Oon Kuin, was earlier convicted of two charges of cheating HSBC and one count of abetting forgery.

Hin Leong founder Lim Oon Kuin, also known as O.K. Lim, pictured in 2013. Photo: Reuters

UN chief urges G20 ‘leadership’ on stalled climate talks

Antonio Guterres said the spotlight was on G20 countries, which account for 80 per cent of global emissions.

Trump names fossil fuel executive Chris Wright as energy secretary

Wright is a supporter of oil and gas development and a critic of the fight against climate change, as well as a Trump campaign donor.

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Opinion | As China-Japan climate action grows, Tokyo must rethink LNG push in Asia

Japan’s progress in shrinking its domestic carbon footprint is being offset by its aggressive LNG development drive in South and Southeast Asia.

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An LNG tanker at the Negishi LNG Terminal, which is jointly operated by Tokyo Gas and JERA, in Yokohama, in 2019. Japan is persuading nations in the region to consider developing more LNG infrastructure when much of the world is sounding the alarm about such projects. Photo: Reuters

Letters | Conflict of interest should have ruled out Azerbaijan as Cop29 host

Readers discuss protecting the legitimacy of the COP climate talks, how a hit film is tapping Hong Kong’s rich traditions and the sales of phone subscriptions to foreign domestic workers.

A driver uses his mobile phone at the electric charging station as Baku city hosts the United Nations Climate Change Conference (Cop29), in Azerbaijan, on November 14. Photo: Reuters

Russia attacks on Ukraine energy could trigger ‘tipping point’: UN

More strikes on infrastructure could cause further severe hardship this winter and spur new mass movements of people, the organisation says.

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Shanghai is world’s most polluting city, says new data revealed at Cop29

While the Chinese city was found to be worse than all of Colombia or Norway, a site in Texas ‘is the worst polluting site in the entire world’.

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Hong Kong EV insurance costs to fall, but third-party liability may remain high

Insurance premiums are set to fall as EV prices decline, but third-party liability coverage to remain high due to accident rates and repair costs.

Comprehensive motor insurance covers third-party liabilities and medical expenses of the insured in an accident. Photo: Jelly Tse

Cop29 host tries to calm waters after diplomatic turmoil

The UN climate talks are in disarray after a French minister cancelled her trip and Argentina withdrew its delegation.

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Attendees arrive for the Cop29 UN climate summit in Baku, Azerbaijan, on Thursday. Photo: AP

OpenAI wants US to team up with allies to beat China in AI race

The ChatGPT maker says the US and its neighbours should collaborate in AI and expand their partnership to include Middle East nations.

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Opinion | Sustainable fuel critical to Hong Kong’s global aviation hub status

Emissions from aviation are growing rapidly, and Hong Kong needs a comprehensive plan to mainstream sustainable aviation fuel use.

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Why Chinese solar producers are not worried about Trump tariffs

Chinese firms to prepare for worst-case scenario of Trump slapping tariffs on shipments from their bases in Southeast Asia.

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An employee works on solar photovoltaic modules for export at a factory in Sihong in eastern China’s Jiangsu province in September 2024. Photo: AFP

Editorial | Hong Kong office attracts firms to live up to its name

City is being reinvigorated as regional business hub thanks to success of body bringing in hi-tech talent.

Opinion | Trump may end the Ukraine war but no one is walking away a winner

No side remains unscathed, whether it’s Russia’s stagnation, Ukraine’s territorial loss and economic devastation, or the EU’s cost crises.

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About 90% of Hongkongers want to prioritise local renewable energy, survey finds

Survey by Greenpeace Hong Kong and Baptist University shows most respondents oppose importing electricity from mainland China.

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Half of the survey respondents are against electricity imports from mainland China. Photo: Martin Chan

Asia-Pacific to see slowing economic growth amid trade tensions: Apec

Protectionism ‘harms economic relations’ among 21 member countries, group’s report says, as unease rises over Donald Trump’s agenda.

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Peruvian President Dina Boluarte waves at the government palace in Lima on November 12, 2024. Peru is hosting this year’s summit of the Asia-Pacific Economic Cooperation, an intergovernmental group that promotes free trade. Photo: Reuters

Cop29 host Azerbaijan hits out at West in defence of oil and gas

He singled out the US, the world’s largest historic carbon emitter, and the EU for particular criticism, accusing them of double standards.

Financing for Southeast Asia’s energy transition hangs in balance at Cop29

Leaders at ongoing climate summit need to signal a renewed push for phasing out fossil fuels and mobilise finances to do so, analysts say.

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Can China fill the void left by Trump’s ‘Drill, baby, drill’ stance at Cop29?

‘China is in a comfortable position to portray itself as the more responsible global power’ even without any new commitments, analyst says.

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A woman walks past a logo of Cop29 in Baku Olympic Stadium, Azerbaijan. Photo: DPA

Opinion | Under Trump, the US will forfeit the global clean tech race to China

As a climate crisis denier ascends to the American presidency, the green technology momentum is picking up in China and around the world.

Workers produce offshore wind turbines in Fuqing in China’s Fujian province, on August 8. Photo: Xinhua

China, US officials set to talk climate change amid fears over Trump’s policies

Ahead of Cop 29 in Azerbaijan, policymakers fret that the once and future president could stall efforts to cut greenhouse-gas emissions.

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Editorial | Measures required to ensure greater energy efficiency in Hong Kong buildings

If city is to meet its goal of carbon neutrality by 2050, all commercial sites must be ready to reduce their consumption of electricity.

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Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
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