KUALA LUMPUR (Aug 22): Malayan Banking Bhd (Maybank) has established its Scope 3 financed emissions baseline and identified a transition strategy that will shape its future business portfolio, which it said in a statement on Monday (Aug 22) makes it the first bank in Malaysia to do so.

Chinese lithium hub Sichuan province will ration electricity supply to factories until Saturday, state media reported, as a heatwave sends power demands soaring and dries up reservoirs. Temperatures in the province – home to nearly 84 million people – have hovered above 40-42 degrees Celsius (104-108 degrees fahrenheit) since last week, according to data from China’s Meteorological Administration, increasing the demand for air conditioning.

Apparently, solar power is hot right now. Porsche said Monday that it plans to build and operate a solar power microgrid at its U.S. headquarters in Atlanta, reducing its annual carbon emissions by 3.2 million pounds. The news came days after Ford announced what it called the largest-ever renewable energy purchase from a utility in the U.S., to power its electricity supply in Michigan with renewable energy.

KUALA LUMPUR (Aug 16): The Ministry of International Trade and Industry (MITI) has announced the formation of a Sustainable Aviation Energy Task Force to reduce carbon footprint in the aerospace industry. MITI Senior Minister Datuk Seri Mohamed Azmin Ali said the task force will provide policy recommendations and coordinate the implementation of public-private partnerships at the national level, including the production of sustainable aviation fuel (SAF) in Malaysia.

The ongoing drought in the UK and Europe is putting electricity generation under pressure, say experts. Electricity from hydropower - which uses water to generate power - has dropped by 20% overall. And nuclear facilities, which are cooled using river water, have been restricted.

WASHINGTON, Aug 15 (Reuters) - Grenada's former Climate Resilience Minister Simon Stiell will become the new United Nations climate chief, UN Secretary General António Guterres announced on Monday. Stiell will take over as Executive Secretary of the United Nations Framework Convention on Climate Change with under three months before the latest round of climate negotiations at COP27 in Egypt. He will replace Mexican diplomat Patricia Espinosa.

MALAYSIA'S stock exchange on Monday (Aug 15) said it will launch a voluntary carbon market (VCM) by the year's end, with the aim of increasing transparency and enabling companies to buy carbon credits to offset their emissions.

It's not exactly the same as carrying a spare can of gasoline but for a battery electric vehicle it's about the closest thing to it and could allay range anxiety concerns for those worried about running out of juice on long trips.

By modeling the conditions of an entire wind farm rather than individual turbines, engineers can squeeze more power out of existing installations. Virtually all wind turbines, which produce more than 5 percent of the world’s electricity, are controlled as if they were individual, free-standing units. In fact, the vast majority are part of larger wind farm installations involving dozens or even hundreds of turbines, whose wakes can affect each other.

The cap on energy bills could reach £5,000 next year, according to independent energy consultants. Energy consultancy Auxilione said that at Wednesday’s energy prices they expect that regulator Ofgem could be forced to set the cap at £5,038 per year for the average household in the three months beginning next April. That is more than £200 higher than previous forecasts.

KUALA LUMPUR (Aug 9): The government will launch the National Energy Policy 2021-2040 later this month to boost investment flows and advance Malaysia's sustainable development goals, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

Heatwaves are good for generating solar energy – right? Well, yes and no. Recent hot weather has generated record amounts of solar power. Germany broke a new record for solar power generation, and, in the United Kingdom, solar power met up to a quarter of the nation’s power needs, according to the news site Energy Live News.