Daewoo Shipbuilding develops technology for storing carbon dioxide from ship engines
Sep 17, 2021 23:03 pm UTC| Nature Economy
Daewoo Shipbuilding Marine Engineering Co. (DSME) and local ship part supplier, HI AIR Korea Co., have developed a storage technology for carbon dioxide emitted by ship engines. The technology will help ships comply...
Japanese coffee shop chain Excelsior to minimize food waste by tapping food-sharing service
Sep 13, 2021 22:52 pm UTC| Nature Economy
Popular Japanese coffee shop chain Excelsior Caffé has introduced food-sharing service TABETE at 50 locations. TABETE, one of the largest food-sharing platforms in Japan, allows users to rescue still edible food...
Taco Bell's recycling program lets customers ship hot sauce packets for free
Sep 13, 2021 22:43 pm UTC| Nature Economy
Taco Bell has officially started collaborating with recycling company TerraCycle to let customers collect hot sauce packets and ship them off for recycling through UPS for free. In April, Taco Bell announced the team...
LG Electronics to expand recycled plastic collection, usage
Sep 09, 2021 23:50 pm UTC| Economy Nature
LG Electronics Inc. aims to use 600,000 tons of recycled plastics by 2030, with an initial goal of using 200,000 tons by 2025. Last year, LG used 20,000 tons of recycled plastic as a material for interior components. in...
Carbon tax to burden S. Korean firms by up to 36 trillion won: Nice Rating
Sep 09, 2021 22:26 pm UTC| Economy Nature
South Korean firms may face between 7.3 trillion won to 36.3 trillion won in additional taxes if the country comes up with a carbon tax law, according to Lee Soo-min, a researcher with Nice Rating. Hardest to be hit are...
Climate change fueling need for property insurance: study
Sep 08, 2021 23:50 pm UTC| Economy Nature
Climate change-driven events will propel a threefold surge in property insurance premiums over the coming two decades, according to a study published by Swiss Re. These events include frequent and stronger weather,...
S. Korea becomes 14th country to legislate carbon neutrality act
Sep 02, 2021 23:54 pm UTC| Nature Economy
South Korea became the 14th country to legislate a carbon neutrality act after the National Assembly approved the bill requiring the government to cut greenhouse gas emissions in 2030 by 35 percent or more from the 2018...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight