Taiwan Power Co (Taipower, 台電) will sponsor a seminar today and tomorrow on cutting greenhouse gas emissions, a Taipower spokesman said yesterday.
The spokesman said that experts and professionals from the US, Japan, South Korea and Taiwan have been invited to participate in the seminar.
Since the Kyoto Protocol, an international treaty that requires 35 countries to combat global warming, took effect in February last year, the issue of cutting emissions of greenhouse gases has become a global concern, he said.
PHOTO: CNA
Taipower hopes the seminar will help gather opinions of national and international experts to facilitate the company's plans to control greenhouse gas emissions.
The topics will include strategies and ways of controlling the emission of greenhouse gases, and practices and measures by power companies to cut emissions.
More firms are facing pressure to address climate change from investors who are concerned about the economic risks of global warming, said Mark Tercek, Goldman Sachs Group managing director.
"In the days ahead you will see many companies taking very dramatic action to move things forward," Tercek said last Thursday during a panel discussion on global warming at the Council on Foreign Relations in New York.
Companies such as General Electric Co and Duke Energy Corp have told the US Congress that they want the government to set a federal limit on carbon dioxide and other greenhouse gases so they know how proceed with their long-term investments.
One motivation for more firms to take action on global warming is the potential liability they face, said Jacques Aigrain, chief executive officer of Swiss Reinsurance Co.
Last week, for example, California sued the six biggest automakers in the US on claims that their vehicles add to global warming and cost the state billions of dollars to fight pollution and erosion.
The case illustrates how the question of who's liable for climate change damages is no longer merely "an intellectual argument in the universities," Aigrain said.
Also see editorial:
Editorial: Time to take emissions seriously
China has claimed a breakthrough in developing homegrown chipmaking equipment, an important step in overcoming US sanctions designed to thwart Beijing’s semiconductor goals. State-linked organizations are advised to use a new laser-based immersion lithography machine with a resolution of 65 nanometers or better, the Chinese Ministry of Industry and Information Technology (MIIT) said in an announcement this month. Although the note does not specify the supplier, the spec marks a significant step up from the previous most advanced indigenous equipment — developed by Shanghai Micro Electronics Equipment Group Co (SMEE, 上海微電子) — which stood at about 90 nanometers. MIIT’s claimed advances last
ISSUES: Gogoro has been struggling with ballooning losses and was recently embroiled in alleged subsidy fraud, using Chinese-made components instead of locally made parts Gogoro Inc (睿能創意), the nation’s biggest electric scooter maker, yesterday said that its chairman and CEO Horace Luke (陸學森) has resigned amid chronic losses and probes into the company’s alleged involvement in subsidy fraud. The board of directors nominated Reuntex Group (潤泰集團) general counsel Tamon Tseng (曾夢達) as the company’s new chairman, Gogoro said in a statement. Ruentex is Gogoro’s biggest stakeholder. Gogoro Taiwan general manager Henry Chiang (姜家煒) is to serve as acting CEO during the interim period, the statement said. Luke’s departure came as a bombshell yesterday. As a company founder, he has played a key role in pushing for the
EUROPE ON HOLD: Among a flurry of announcements, Intel said it would postpone new factories in Germany and Poland, but remains committed to its US expansion Intel Corp chief executive officer Pat Gelsinger has landed Amazon.com Inc’s Amazon Web Services (AWS) as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker. Intel and AWS are to coinvest in a custom semiconductor for artificial intelligence computing — what is known as a fabric chip — in a “multiyear, multibillion-dollar framework,” Intel said in a statement on Monday. The work would rely on Intel’s 18A process, an advanced chipmaking technology. Intel shares rose more than 8 percent in late trading after the
GLOBAL ECONOMY: Policymakers have a choice of a small 25 basis-point cut or a bold cut of 50 basis points, which would help the labor market, but might reignite inflation The US Federal Reserve is gearing up to announce its first interest rate cut in more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election. Senior officials at the US central bank including Fed Chairman Jerome Powell have in recent weeks indicated that a rate cut is coming this month, as inflation eases toward the bank’s long-term target of two percent, and the labor market continues to cool. The Fed, which has a dual mandate from the US Congress to act independently to ensure