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EU Agrees to End Coal Subsidies For Driving Cleaner Energy

The European Union reached on Dec. 19 a deal over a proposed reform of the bloc's electricity market, including stepwise elimination of coal subsidies by 2025. The deal encompasses a suite of new laws designed...

China is ‘the Only Player in the Game’ of Making Electric Buses, Taxis, and...

Throughout the land of China, the replacement of gasoline-fueled taxis, buses and trucks with new electric models is in full swing. This huge change in China has also boosted a wave of global electric vehicle...

Australia Aims to Become World-leading Lithium Battery Player

Australia has released a strategy for seeking investment to develop a competitive lithium-ion battery industry by making the best of its minerals wealth, the government said in a report on December 11, underscoring that...

China, A Key Driver for Chilean Fruit Export Growth

Chilean fresh fruit exports during the recently completed 2017-2018 campaign reached a total of2,781,092 tonnes, a 6.7% growth over the 2016-2017 season, when a total of2,607,055 tonnes were shipped, according to information provided by the Chilean Fruit Exporters’ Association (ASOEX).

Weakening Demand and Oversupply to Dim Oil Rise in 2019

Oil analysts are taking an increasingly dim view of the prospect of a price rally next year, thanks to unclear demand outlook and surging supply, despite a popular market expectation that OPEC will decide...

China Has Big Room for Peruvian Agricultural Exports

Peruvian avocado exports have seen a fast growth in the first eight months of this year to surpass the export value of US $631 million recorded in 2017, which was partly due to a...

New Energy Vehicles Outperform Other Segments

In the wake of China’s resolve in combat against diesel emissions, the auto industry in the country saw a continuing decline in both output and sales, registering respectively a slump of 4.4 percent to...

IEA Clouds Oil Demand Growth As Electric Cars, Clean Energy Develop

Electric vehicles and more efficient use of clean energy will moderate oil demand for transportation by 2040 more than earlier expected, the world, however, may still face a tension in crude supply without enough...

Freeways Make Free Energy? China Paves Roads with Solar Panels

Western countries have been considering paving roads with solar panels for many years. The Chinese have already done it, installing panels on the downhill section of a freeway in Shandong Province. The world's first photovoltaic(PV)...

The Future of Electric Vehicles Depends on the Chinese Market

China is the world's largest auto market and also a leader in the electric vehicle (EV) business. There are about 3 million electric vehicles in the world, and two-thirds of them are produced and sold...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...