Fossil CO2 and GHG emissions of all world countries, 2019

The global GHG emissions trend has increased since the beginning of the 21st century in comparison to the three previous decades, mainly due to the increase in CO2 emissions from China and the other emerging economies. As a result, the atmospheric concentrations of greenhouse gases substantially increased enhancing the natural greenhouse effect, which may negatively affect the life on the Earth. These issues are internationally addressed in the framework of UNFCCC; countries are developing national emissions inventories and propose/implement actions to mitigate GHG emissions. CO2 emissions, which are the main responsible for global warming are still increasing at world level despite climate change mitigation agreements. However, CO2 emissions within the EU28 have decreased in the last two decades. Human related activities largely influence the total CO2 emissions – particularly, power generation and road transport but also emissions from combustion in the residential and commercial sectors play a key role. Despite decreasing trends for total EU28 CO2 emissions, CO2 emissions per capita within the EU28 are still higher than the world average value.

Read more at https://edgar.jrc.ec.europa.eu/overview.php?v=booklet2019

China, US biggest carbon polluters, study finds

The world continues to increase the amount of heat-trapping carbon dioxide it pumps into the air, but it’s not rising as fast as in the previous couple years.

Led by big jumps from China and India, the world is projected to spew 40.57 billion tons (36.8 billion metric tons) of carbon dioxide into the air in 2019. That is up nearly 255 million tons (231 million metric tons) from 2018, according to two scientific studies released Tuesday.

Read more at http://www.thestandard.com.hk/breaking-news.php?id=137976&sid=6

EMS (Energy Management System) can manage greenhouse gas accounting, reporting and management

The emissions of carbon dioxide (CO2) and other greenhouse gases due to power generation, transportation and other industrial / commercial activities are contributing to climate change and environmental impacts worldwide. EMS (Energy Management System) can manage greenhouse gas accounting, reporting and management in Hong Kong, China, Singapore, New Zealand and UK.

Studio Retail has announced that it is selling its Findel Education unit to Wakefield City Council for £50 million.

Studio Retail has announced that it is selling its Findel Education unit to Wakefield City Council for £50 million.

Creating an AI can be five times worse for the planet than a car

Training artificial intelligence is an energy intensive process. New estimates suggest that the carbon footprint of training a single AI is as much as 284 tonnes of carbon dioxide equivalent – five times the lifetime emissions of an average car.

Read more: https://www.newscientist.com/article/2205779-creating-an-ai-can-be-five-times-worse-for-the-planet-than-a-car/

Li Ka Shing Foundation Processes 'Instant Relief Fund' via Google Cloud AI; Applications in 8 Mins on Avg.

The Li Ka Shing Foundation is embracing technology and using Google Cloud AI to facilitate application for Crunch Time Instant Relief Fund for eligible SMEs. The entire application and review process is completed within a matter of days, as all data are processed online automatically.

60% of applications were submitted via a mobile device and it takes just five seconds for Google Cloud Vision AI to process the text in each image. Each application can be submitted within eight minutes and The Foundation was able to process over 43,000 applications within the first 3 weeks, said Lucy Werner, Head of Google Cloud Hong Kong.

Source: https://www.aastocks.com/en/stocks/analysis/stock-aafn-con/00001/NOW.980301/hk-stock-news

EU bank to focus solely on clean energy sources starting in 2022

(CNN Business)The European Investment Bank (EIB) announced Thursday that it will end financing for fossil fuel energy projects at the end of 2021, adding in a statement that future financing will focus on accelerating innovations in clean energy.

"We will stop financing fossil fuels and we will launch the most ambitious climate investment strategy of any public financial institution anywhere," EIB President Werner Hoyer said Thursday.
The EIB is the European Union's lending arm. Its new energy lending policy will "unlock 1 trillion euros of climate action and environmental sustainable investment" in order to enable energy decarbonisation, and meet a 32% renewable energy share throughout the European Union by 2030.
"Climate is the top issue on the political agenda of our time...The EU bank has been Europe's climate bank for many years. Today it has decided to make a quantum leap in its ambition," Hoyer added.

Continue reading at https://edition.cnn.com/2019/11/14/intl_business/eu-funding-fossil-fuel-projects/index.html