South Korea

Global LNG outlook 2024-2028

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 …

NMDC to continue iron ore exports

The steel ministry, in a departure from its stand on iron ore exports, has agreed to begin talks with Japan and South Korea on resuming exports from NMDC’s mines. The steel ministry was under pressure from the commerce ministry to depute a delegation to the two countries and commence talks. …

New tech for Metro Phase III: Sreedharan

Delhi Metro Rail Corporation Managing Director E. Sreedharan says that magnetic levitation (maglev) technology, which will be introduced in Phase III of the project in the city, has “tremendous scope”. Speaking about the successful high-speed maglev projects in China, South Korea and Japan, Mr. Sreedharan said: “The main advantage of …

S. Korea gives Rs. 600 million to tackle garbage problem

The Korean Government has provided Rs. 600 million to tackle the much discussed garbage problem in the country. The Rs. 600 million-grant comes following a number of discussions held by the Central Environmental Authority, Chairman Charitha Herath with the Korean Government officials, under the direction of Environment Minister Anura Priyadharshana …

Herbal dangers

Traditional plant-based remedies are not risk-free. Doctors and patients need to be informed about the possible side effects, says Masatomo Sakurai.

Japan set to declare Fukushima plant shutdown

Japan was set to announce on Friday it has finally tamed leaking reactors at Fukushima, in what authorities say is a vital step on the long road to recovery, nine months after its nuclear crisis began. Prime Minister Yoshihiko Noda was expected to tell a disaster-weary public that all reactors …

Durban challenge

India faces the onerous task of balancing equity and environmental efficacy in the climate talks. It must not repeat the blunder that led to the Copenhagen disaster. THE climate conference in Durban, South Africa, could not have met at a worse or more worrying time. Rigorous scientific work has just …

Global Industry CO2 Output Rising Even In Weak Economy: Study

Global carbon dioxide emissions from industry rose about three percent in a weak global economy this year, a study released on Monday showed, adding fresh urgency to efforts to control planet-warming gases at U.N. climate talks in South Africa. The study by the Global Carbon Project, an annual report card …

Posco Seeks More Time for Orissa SEZ Project

South Korean steel major Posco has sought more time from the Centre for its over . 53,000-crore multi-product SEZ in Orissa, as it is yet to get adequate land from the state government. An inter-ministerial Board of Approval (BoA), chaired by Commerce Secretary Rahul Khullar, will consider the request from …

Goan Mining Industry could impact state economy: GMOEA

Goa Mineral Ore Exporters’ Association (GMOEA), has expressed concerns over the possible ban of iron ore exports from the state as reported in certain sections of media & highlighted the cascading effect of such a ban. Shi vanand Salgaocar, President, Goa Mineral Ore Exporters’ Association (GMOEA), said, “The Goan Mining …

Australia Passes Landmark Carbon Price Laws

Australia's parliament passed landmark laws to impose a price on carbon emissions on Tuesday in one of the biggest economic reforms in a decade, giving new impetus to December's global climate talks in South Africa. The scheme's impact will be felt right across the economy, from miners to LNG producers, …

"Blood Oath" On CO2 Laws To Haunt Australia's

Australia's Senate is set to pass laws on Tuesday putting a national price on carbon emissions, one of the country's most sweeping and divisive economic reforms that have been a decade in the making. Opposition leader Tony Abbott has run a two-year campaign to wreck the scheme, seizing on voter …

China says U.S. APEC Goals Too Ambitious

U.S. goals of establishing regional free trade and an environmental policy at the APEC summit are useful but too ambitious for some developing nations, China said on Monday, days before President Hu Jintao heads to Hawaii for the meeting. APEC (Asia-Pacific Economic Cooperation) members from 20 countries have taken a …

Global carbon markets in doldrums

Cutting carbon dioxide emissions seems more difficult than ever as global carbon markets have stalled after five years of consecutive growth. The World Bank has given the sombre note, but said the global market had already touched $142 billion last year, a long way from the initial year of 2005. …

Investments in clean energy rise sharply; Asia set to overtake Europe

Even as the global population has crossed the seven-billion mark, delegates to the Clean Energy Expo 2011, Singapore, were busy discussing the booming energy requirements of a growing world. As concerns of energy crisis loom large over several parts of the world and promises of green and renewable energy emerge, …

Airlines Ready For Next Battle Against EU Carbon Law

Twenty-six nations are expected to lodge a formal protest on Wednesday against a European Union law to make airlines pay for carbon emissions -- adding to transatlantic tension on an issue that has triggered a tit-for-tat bill in the Congress. Under EU legislation, from January 1 all flights to or …

Bokaro's displaced still await compensation

Residents of most villages whose land was acquired for the Bokaro steel plant have no jobs or means of living. Those who were compensated are demanding more.

Biological responses to diesel exhaust particles (DEPs) depend on the physicochemical properties of the DEPs

Diesel exhaust particles (DEPs) are the main components of ambient particulate materials, including polyaromatic hydrocarbons (PAHs), n-PAHs, heavy metals, and gaseous materials. Many epidemiological, clinical, and toxicological studies have shown that ambient particles, including DEPs, are associated with respiratory disorders, such as asthma, allergic rhinitis, and lung cancer. However, the …

Big Gas Find for Italy's Eni

Eni SpA, the Italian energy giant, has made a very large natural-gas discovery off the coast of Mozambique, big enough that it could turn the East African country into a major exporter of gas to Asia. The company's first well in a deepwater exploration campaign has found about 15 trillion …

The great Western aid trick

THE cat is out of the bag. Developed countries take back a large chunk of their development assistance by forcing recipient countries to buy goods and services from them. This was stated in a report released ahead of a meeting of rich countries to be held in November at Busan …

Victory for Gillard as MPs back carbon tax

The Australian government scored a victory in its battle to introduce a carbon tax after measures to combat climate change cleared the lower house of parliament by a tiny margin. Carbon traders and climate activists around the world breathed a sigh of relief that the bitterly contested measures were passed …

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