Business Sep 21, 2021
BP gambles big on fast transition from oil to renewables
by Ron Bousso
All oil majors face mounting pressure from regulators and investors worldwide to develop cleaner energy and divest from fossil fuels.
BP gambles big on fast transition from oil to renewables
All oil majors face mounting pressure from regulators and investors worldwide to develop cleaner energy and divest from fossil fuels.
This Aomori farm’s strawberries are heating up tourism
Kanko Ichigo En is a year-round pick-your-own strawberry farm that grows its winter berries with 100% hot-spring heat.
Japan to open bidding for Akita area offshore wind farm
Thanks to laws introduced in 2019 to encourage wind farm development, the offshore wind power market in Japan is expected to grow.
Chip crunch may last through 2022, Toyota supplier Rohm warns
"All of our production facilities have been running at their full capacity since September last year, but orders from customers are overwhelming,” the firm's CEO said this week.
How sustainable are the world's sovereign wealth funds?
The world's biggest funds are making only patchy progress in adapting investment plans to account for environmental, social and governance factors.
Financial firms develop plan for early closure of Asian coal plants
The proposal offers a potentially workable model, and early talks with Asian governments and multilateral banks are promising, sources said.
Hydrogen goes nuclear as U.K. reactor pivots toward renewables
"The amount of clean hydrogen that we’re going to need to really decarbonize our economic sectors is just immense.”
Japan sets 60% target for nonfossil fuel energy sources by fiscal 2030
Difficulties boosting nuclear power and increasing solar and off-shore wind mean the new energy plan's goals will be difficult to achieve, experts say.
Floods wreck towns, but Europe's wind power goals are tangled in red tape
The EU is veering off track for its emissions-cutting goals as hurdles slow wind power development.
Solar power to become cheaper in Japan than nuclear by 2030, government says
The Ministry of Economy, Trade and Industry estimated the cost of generating nuclear power will rise about 10% from its previous estimate, while the cost of solar power will drop.
Accelerating the use of clean energy in offices and factories, India's largest power-consuming segment, will be key to achieving the country's emissions goals.
Tesla’s solar roof rollout is a bust — and a fixation for Elon Musk
The product is essential to Musk’s vision for the company to become a one-stop shop for a household’s clean energy needs.