Hong Kong

Governments around the world are putting policies in place to curb carbon emissions in line with the Paris Agreement on climate change. With a significant proportion of the urban population spending much of their time in commercial buildings, the onus is on the real estate industry to provide sustainable properties that will mitigate negative environment impacts. Many countries in the Asia Pacific region are implementing aggressive measures to address environment challenges such as rising carbon emissions, which is spurring the introduction of incentives to construct green buildings. Hong Kong is no different; it continues to make strides to protect its world class status through its sustainable development as a ‘smart city.’

It aids in understanding related Feed-in Tariff application procedures.

Damages were ‘more severe than expected’.

It will invest in power generation, transmission, and customer services.

It will be rolled out on October 2018.

Renewable energy certificates will be sold to corporations and the public.

Over half of this population would shell out for a 5% bill hike.

No thanks to volatile energy prices in Australia.

He'll take over starting June 1.

Natural gas' main component is 86 times more potent versus carbon dioxide.

This and market volatility push investors away, he said.

The most recent 5% tariff reduction is subject to many variables.

It will rise to around 30 terawatt hours by 2026.

Gas-fired power's share in the overall mix is likely to surge to 66.4%.

The amount is scheduled to be spent within 2016-2018 and 2019-2020.

This will be realised upon unit L11's commissioning in 2022.