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Foxconn has recently announced that its affiliated value chain will achieve the target of zero greenhouse gas emission by 2050 based on the stipulated objective of the “Paris Agreement”. Simultaneously, in order to respond to the 3 major targets proposed by the steering committee of the Climate Action 100+ (CA100+), all affiliated factories of Foxconn will continue to reinforce on the governance on climate change, implement actions against greenhouse gas emission, as well as disclose information in accordance with the Task Force on Climate-related Financial Disclosures (TCFD), in addition to abide by the carbon emission policy of the local government. ...  more

Retirement has not stopped Bill Gates from chairing TerraPower, a nuclear technology company. TerraPower will soon develop its own nuclear technology for nautical applications in support of the marine industry’s transition from conventional energy to clean power. ...  more

Despite being a future trend, the exorbitant cost for electric vehicles in the existing phase obstructs profitability, though there is a product that is able to nourish the expenditure of these automotive manufacturers, and it is not a vehicle, nor a battery, but an intangible byproduct of “carbon right”. Tesla had a carbon right revenue of approximately US$600 million from 2019, and has accumulated nearly US$1.2 billion in sales from the first 3 quarters of this year, which became the most remarkable service item on the financial report. ...  more

Two unrelated companies, Daimler and Waymo, have surprisingly joined forces. ...  more

Chilean power producer AES Gener announced on October 15 that it has commenced construction of a solar-plus-storage plant named Andes Solar II-B and a wind farm named Campo Lindo. A virtual event to celebrate the groundbreaking of both projects was held on the same day and attended by Juan Carlos Jobet, Chile’s Minister of Energy. ...  more