Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA). As major importing regions—including …
South Korea has doubled a target to reduce greenhouse gas emissions by local industrial and power sectors in 2013 to enhance competitiveness prior to a new cap-and-trade scheme starting in 2015, the economy ministry said on Monday. Asia's fourth-largest economy aims to cut 17.2 million metric tons of CO2 equivalent …
The country's largest miner has decided to review prices every month now, instead of once every three months Local steel makers were in for a surprise when NMDC Ltd, the country’s largest iron ore miner and supplier to most steel and sponge iron makers, announced a cut of up to …
Previous studies have suggested that diabetes mellitus (DM) is an outcome of exposure to air pollution, and metabolic detoxification genes affect air pollution–related outcomes. The researchers evaluated associations between air pollutants and markers of insulin resistance (IR), an underlying mechanism of type 2 DM, and effect modification by GSTM1, GSTT1, …
The expansion project to fire up BPCL’s Kochi refinery capacity to 15.5 million tonnes a year Bharat Petroleum Corporation Ltd’s integrated refinery expansion project in Kochi is expected to get environmental clearance anytime now with Tuesday’s meeting of the Expert Appraisal Committee (Industry) for Environmental Impact Assessment in New Delhi …
A link between European Union and Australian cap and trade schemes could inject new life into emissions trading as long as regulators take into account risks such as the impact of market intervention in one region on energy prices in the other. The European Union's executive Commission and Australian government …
South Korean rescuers Wednesday recovered two more bodies near two wrecked Chinese fishing boats, bringing the confirmed death toll from a powerful typhoon to 17. Typhoon Bolaven — the strongest to hit the South for almost a decade — left a trail of death and damage in southwestern and south-central …
Four Chinese crew members were confirmed drowned and 12 were missing after a strong typhoon battering South Korea pushed their ships onto the rocks Tuesday. Officials issued an alert for almost the entire country as Bolaven -- the strongest typhoon for almost a decade to hit the country -- swept …
Leaders of a fledgling U.N. green fund agreed at a first meeting on Saturday to pick a headquarters this year as part of a plan to oversee billions of dollars in aid to help developing nations fight global warming. The three-day meeting in Geneva heard pitches from the six countries …
Singapore will move towards cleaner fuel and reduce sulfur emissions from cars and industries by 2014 in a bid to keep up with global changes, the country's National Environment Agency said. As the number of vehicles in the world grows, boosted by surging numbers in Asia, several nations have stepped …
The fate of billions of dollars of promised funding from rich countries to help the developing world adapt to climate change will be discussed on Thursday in Geneva, at the first meeting of the UN's Green Climate Fund. The fund is meant to be the biggest single funding route for …
A panel of the Union environment ministry has recommended re-validation of the green clearance accorded to South Korean steel giant Posco by five more years till 2017. In its meeting on June 14, the expert appraisal committee (EAC) of the Union ministry of environment and forests discussed at length Posco’s …
Grid collapse points to enduring neglect of infrastructure in power sector. Last week, about half of India or roughly 10 per cent of the world’s population, suddenly found they had no electricity. A failure of this magnitude has never happened before. But while the timing of the incident could not …
A two-day meeting hosted the by US of 17 countries opposed to the EU's emissions trading system (ETS) has ended without a joint declaration. The countries, however, reaffirmed their ambition to keep working on an alternative framework to address greenhouse gas emissions under UN's International Civil Aviation Organisation (ICAO). They …
As Corporate Social Responsibility (CSR) has been practiced in many different ways, this book tries to present Asian context by investigating how CSR activities has been impacting people on the ground. The book provides case studies from China, South Korea, India and Indonesia, disclosing the ugly face of CSR. The …
South Korea on Monday announced that it has secured exclusive rights to explore and develop a deep sea mine in the resource-rich Indian Ocean that can produce over USD 300 million worth of minerals like gold, silver and coppers per year. The International Seabed Authority (ISA) last week unanimously agreed …
Strong expansion of nuclear power as a carbon-free energy source in Asia is expected to press ahead despite the Fukushima accident in Japan that soured sentiment in some countries, a benchmark report said on Thursday. An earthquake and tsunami crippled the Fukushima plant in February 2011, leading to the closure …
The domestic steel industry, reeling under high input costs, dipping domestic demand and rising interest rates has demanded that the government expressly place steel on the negative list in the Comprehensive Economic Partnership Agreements (CEPA) with South Korea and Japan failing which, it could bring about severe stress on capacity …
Yeosu, South Korea: The massive oil spill in ’95 that caused destruction of sea life in the waters of Yeosu, is a thing of the past. Seventeen years later, Yeosu’s coastal waters are brimming with marine life as the city hosts ‘The Living Ocean and Coast: Diversity of Resources and …
Rich nations and the Bill and Melinda Gates Foundation said they had pledged more than 2.6 billion dollars towards family planning in developing countries at a summit in London on Wednesday. The aim of the summit was to secure new funding pledges to give an additional 120 million women and …
Cos to use Kobe’s patented technology; plant to come up on SAIL’s alloy steels plant in Durgapur. India’s largest steelmaker Steel Authority of India Limited (SAIL) and Japan's Kobe Steel have signed an agreement to set up half a million tonne iron nugget plant using the Japanese steelmaker’s patented technology. …
