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Even scarier than straws, cigarette holders are the biggest source of ocean plastic pollution

With the rise of environmentalism, more and more countries are paying attention to the severity of plastic pollution, and have successively introduced various plastic restriction policies to control marine pollution sources. First, plastic bags were targeted, then tableware, and recently straws. However, the number one man-made pollutant in the ocean is actually the small and ubiquitous cigarette filter. Discarded cigarette filters typically contain synthetic fibers and hundreds of chemicals, yet they fall outside the scope of regulation. According to NBC, the vast majority of the 5.6 trillion cigarettes produced worldwide each year are filters made of cellulose acetate, a type of plastic that can take 10 years or more to decompose. Surveys have found that up to two-thirds of cigarette filters are irresponsibly discarded each year. Since 1986, the Ocean Conservancy has sponsored beach cleanup efforts annually, and they have found that cigarette filters are the most collected trash on beaches worldwide, with over 60 million collected over 32 years, equivalent to one-third of all collected trash. Many cigarette filters contain irritating chemicals such as nicotine, arsenic, and heavy metals, which can have acute toxicity to aquatic life. Tobacco companies are not unaware of the cigarette holder pollution problem. For example, Santa Fe Natural Tobacco Company launched a cigarette holder recycling program, held a series of environmental events, and will also launch portable ashtrays. This year, it has already distributed 4 million recycling bags to customers. However, most of these initiatives have been ineffective because most smokers...

The fashion world is abandoning plastic trends, and eco-friendly "pineapple leaf" leather is becoming a popular choice.

With rising global environmental awareness, green fashion has become a new trend. Supported by technology, items like pineapple leaf biker jackets and leather tanned with olive extract are no longer out-of-the-box fashion products. According to AFP, the fashion industry is the world's second-largest source of pollution, and in light of this, from traditional fashion giants to emerging designers, everyone has embraced this green trend in recent years. German sportswear giant Adidas sold one million pairs of Parley sneakers made from recycled ocean plastic waste last year alone and plans to launch more products made from recycled materials. Marina Coutelan, curator of the Paris trade show Premiere Vision, stated that millennials born between 1980 and 2000 have become the trendsetters in fashion. This generation, instilled with environmental awareness from a young age, is committed to launching trendy products made from sustainable materials. While fast fashion brands still pursue inexpensive, trendy "disposable" clothing, luxury brands have begun to lead the green trend. Kering, the French conglomerate that owns renowned brands such as Gucci, Saint Laurent, Balenciaga, and Alexander McQueen, has already taken steps to reduce its industrial environmental impact by 25%, with a target of further reducing it by 40% by 2025. Kering has always been a strong advocate for environmental protection.

Michelin launches circular economy initiative: by 2048, 80% of its tires will be made from sustainable materials and 100% will be recyclable.

In 2018, the world generated 1 billion tires, approximately 25 million tons. The World Business Council for Sustainability estimates that 1 billion tires, or about 25 million tons, were generated globally in 2018. Currently, the global tire recycling rate is 70%, and the recovery rate is 50%, with the remaining 20% ​​converted into energy. In comparison, the annual recycling rate for plastic packaging or containers is only 14%. To achieve "Ambition 2048," Michelin is investing in high-tech recycling technologies to increase the proportion of sustainable materials to 80%. Headquartered in Clermont-Ferrand, Michelin currently employs 111,700 people in 170 countries and has 68 production sites in 17 countries, producing 187 million tires in 2016. The "Biobutterfly" project launches a circular economy for tires. Michelin plans to establish a circular economy with its new tire, "VISION." This new concept tire does not require inflation, will be made from bio-based and recycled materials, and the tread can be biodegradable and recycled through 3D printing. Today, tires contain over 200 different raw materials. 60% of the rubber used in the tire industry is made from petroleum-derived hydrocarbons, while the remaining 40% is still natural rubber. Michelin's "Ambition 2048" sustainability goals include a commitment to researching bio-based materials. In 2012, Michelin, together with Axens petrochemical company and the French Petroleum Energy Institute (IFP Energies Nouvelles), launched the "Bio-Engineering" project.

ITRI's waste heat power generation technology: an energy-saving and cost-efficient tool

Whether in the petrochemical, steel, or machinery industries, waste heat generated during production has always been a serious problem. It's a great pity if the emitted waste heat, steam, and radiant heat are not recovered and utilized. However, the Industrial Technology Research Institute (ITRI)'s "Low-Temperature Thermal Energy Thermoelectric Power Generation Application Technology" can now turn this waste heat into valuable resources. This technology has also been favored by NASA experts, winning the NASA Tech Briefs "Creating the Future Award" in September of this year, recognizing it as one of the top 100 sustainable technology innovations. With long-term R&D support from the Bureau of Energy, Ministry of Economic Affairs, ITRI's ORC technology can be applied not only to geothermal power generation but also to low-temperature power generation, which is often overlooked in the aforementioned industrial processes. In previous manufacturing processes, high- and medium-temperature waste heat was relatively easy to recover. However, low-temperature waste heat (<250°C air or <100°C hot water) was mostly dissipated and emitted. The Organic Rankine Cycle (ORC) low-temperature thermoelectric power generation system developed by the Industrial Technology Research Institute (ITRI) can recover industrial waste heat from 80°C to 300°C, representing genuine waste resource utilization. Currently, 10kW, 50kW, 60kW, and 200kW screw expanders, as well as 125kW and 300kW turbine expanders, have been developed. The estimated energy-saving benefits after waste heat power generation start from NT$1 million per year, with a payback period of approximately 2-5 years. For example, this year ITRI collaborated with Yieh Phui Steel to successfully construct a 132kW ORC waste heat power generation system, with an annual energy saving of [amount missing].

The London Half Marathon has banned plastic bottled water and will replace it with edible water balloons.

London's first half-marathon advocating a complete ban on plastics took place on September 16th. The event featured edible water balloons, eliminating bottled water for participants. Runners would rely solely on these capsules for hydration throughout the nearly 22-kilometer race. These edible water balloons, named "Ooho," were developed by Skipping Rocks Labs, a London-based startup specializing in eco-friendly packaging materials. Made from seaweed extract, the containers are ingested along with the water. The material can be flavored, colored, and used as containers for other beverages and liquids, reducing reliance on and waste of plastics. The development team stated that seaweed is highly safe for consumption and reproduces quickly, ensuring no ecological impact as a packaging material. However, user acceptance of ingesting the packaging is mixed, particularly regarding hygiene concerns about the edible water balloons potentially having been touched by multiple people. In response, the company stated that participants can tear a small hole to drink from the balloons, which are biodegradable in approximately 4 to 6 weeks, claiming to be the world's first container designed to curb plastic pollution and its harm to the marine environment. Recently, there has been a growing trend in the UK to promote plastic reduction during marathons, including the Richmond Marathon in London on September 16th and the Sussex Marathon on September 29th. In these two races, Oohos will not only fill capsules with drinking water but will also collaborate with sports drink manufacturer Lucozade to trial water balloons containing sports drinks. Furthermore, at the Richmond Marathon in London, the organizers will set up three water stations and provide...

In response to environmental concerns, Hong Kong Disneyland stopped distributing plastic drinking straws in August 2018.

Global efforts to reduce plastic waste have been actively followed by Hong Kong Disneyland. Hong Kong Disneyland announced that it will stop distributing plastic straws starting in August 2018, and will fully switch to paper straws in all restaurants operating within the resort starting in September. Straws will only be distributed when customers request them. Disneyland anticipates reducing its consumption of plastic straws by 4 million annually. Hong Kong Disneyland stated that, in response to environmental protection, the entire resort, including park and hotel catering services, as well as staff restaurants for cast members, will stop actively distributing plastic straws starting in August 2018. Signs will be prominently displayed in restaurants to encourage guests and cast members to support environmental protection. In September, all restaurants operating within the resort will switch to paper straws, which will only be distributed when customers request them from staff. Meanwhile, Disney parks worldwide announced that they will completely phase out disposable plastic straws and plastic beverage stirrers by 2019, which is expected to reduce the use of more than 175 million plastic straws and 13 million plastic beverage stirrers. In the coming years, the use of disposable plastic products in hotel rooms will also be gradually reduced.

Breakthrough in carbon storage technology: Magnesite, which absorbs carbon dioxide from the air, can be synthesized within days.

Scientists have found a way to synthesize magnesite, a mineral that can absorb carbon dioxide from the atmosphere, in the lab, potentially becoming a new weapon in the fight against climate change. While minerals typically take hundreds to thousands of years to form on Earth's surface, the new research has reduced this lengthy natural synthesis process to days, propelling the emerging carbon capture and storage (CCS) technology forward significantly. As the world strives to reduce greenhouse gas emissions, experts widely believe that technologies that absorb carbon dioxide from the atmosphere will be crucial in curbing global warming. Magnesite, a natural rock used in jewelry and various industrial processes, has carbon-absorbing capabilities, according to the UK's Independent. Each ton of magnesite can remove approximately half a ton of carbon dioxide from the atmosphere. However, while past research has explored the possibility of storing carbon dioxide in underground rock formations, the long time required for new mineral formation has hampered the potential of this carbon storage method. "Minerals take hundreds to thousands of years to form on Earth's surface," explained Professor Ian Power of Trent University, the study's lead researcher. To address this issue, Professor Power and his team identified the process by which magnesite naturally forms at low temperatures, using this knowledge to accelerate the crystallization process. They used polystyrene microspheres as a catalyst to reduce the magnesite synthesis time to 72 days. The entire process is carried out at room temperature and does not consume excess energy. "Currently, this technology is still in the experimental stage and needs to be scaled up."

Climate change poses a significant threat, potentially wiping out one-third of US economic output over the next 80 years.

A new study by U.S. federal authorities warns that climate change phenomena, such as abnormally high and low temperatures, could impact U.S. economic growth more severely than previously expected, potentially wiping out up to one-third of the nation's output by 2100, with the Southern states likely to be hit harder. In contrast, the Trump administration's tariffs of hundreds of billions of dollars on major trading partners such as Canada, Mexico, China, and the European Union are estimated to have damaged U.S. economic output by only about 0.06% to 0.25%. CBS News reports that the report points out that, in the long term, the impact of declining economic growth rates is greater than the shrinkage in economic output because "changes in economic growth rates accumulate over time, thus their effects last longer." The Southern states will be most affected. Secondly, Southern states are most sensitive to temperature changes during the summer and fall. For example, automobile factories reduce production when temperatures exceed 90°F, and the service, financial, insurance, and real estate industries, which are crucial to the U.S. economy, are also vulnerable to the damage caused by high summer temperatures. The report also states, "Home sales tend to occur more frequently in spring and summer, possibly because people need to move around and spend time outdoors when buying a house. When temperatures rise, potential buyers are less inclined to go out, which explains why high summer temperatures are detrimental to the real estate industry." Furthermore, unusually warm weather can increase the number of people seeking medical care, lead to more insurance claims, and harm agriculture, forestry, and fisheries, but conversely benefit the hydroelectric and mining industries because high temperatures tend to boost electricity consumption. This summer, the US...

Study: Unprecedented global heatwave may last for five years, influenced by both human and natural factors.

Unbearable heatwaves have ravaged the world this summer, and a new study published in *Nature Communications* suggests this unusually hot period may continue until 2022. Florian Sevellec, a climate scientist at the University of Brest in France and the study's lead author, told AFP that climate change is having dire consequences, and the Earth is expected to enter a period of extreme heat lasting at least five years. According to reports from various foreign media outlets, the combined effects of natural temperature increases and human activities have led to global warming, making annual weather changes increasingly unpredictable. The research team developed a system called ProCast (Probabilistic forecast) to predict natural climate variables. Based on global weather forecast data collected by the Intergovernmental Panel on Climate Change (IPCC), the team conducted simulations and studies, analyzed weather developments between 1900 and 2100 using algorithms, and then compared these data with similar climate conditions to predict temperature changes over five years. Severek stated that these short-term changes are more meaningful to us; for example, the impact of El Niño extends beyond the Pacific region, and these phenomena occur globally.

Low-carbon hospitals are emerging, vowing to reduce carbon emissions by 1% annually.

With global climate change, environmental protection has become a major concern, and hospitals are now joining the ranks of those working to conserve energy and reduce carbon emissions. Wang Ying-wei, Director-General of the Health Promotion Administration (HPA) under the Ministry of Health and Welfare, stated that medical institutions are among the world's most energy-intensive industries, accounting for 14.9% of total energy consumption. In 2010, the HPA was authorized to establish the "International Committee on Health Promotion and Environmental Friendliness," collaborating with various hospitals to commit to reducing global carbon emissions by 1% annually. According to last year's statistics, 88 out of 91 hospitals have already met the standards for healthy hospitals. As one of the earliest workplaces to operate 24 hours a day globally, hospitals consume a staggering amount of electricity. Chia Shu-li, head of the Chronic Disease Prevention and Control Division, stated that the HPA is promoting a low-carbon hospital plan in three phases, using 2007 as a baseline, and projects a 13% reduction in carbon emissions by 2020. The plan identifies problems, addresses them, and ultimately transforms hospitals into environmental education centers. Huang Hui-ting, Superintendent of Taiwan Adventist Hospital, one of the participating hospitals, stated that Taiwan Adventist Hospital has long promoted vegetarianism and healthy eating, and does not provide meat or vending machines within the hospital premises. Compared to a meat-based diet, this resulted in a daily reduction of 1.5 kg of carbon emissions per person, and a 17% reduction in carbon emissions between 2014 and 2017—equivalent to planting 4,249 trees, roughly the size of Daan Forest Park. Tzu Chi Hospital conserves water through its infrastructure, recycling 88,800 tons of water annually, representing 39% of its total water usage. Kaohsiung Municipal Siaogang Hospital planted various plants on its rooftop to cool the building and implemented a light-sensing system to save electricity. Between 2012 and 2017, Siaogang Hospital…

Unprecedented! The thickest ice in the Arctic begins to melt.

The Guardian reports that the oldest and most solid sea ice in the Arctic has begun to melt. Areas north of Greenland, which have historically been frozen year-round, are about to become open water. One meteorologist described the recent sea ice melt as "terrifying." Other experts say that theories about where in the Arctic can best withstand prolonged warming may need to be revised. This is an unprecedented phenomenon, occurring twice this year due to warm winds and climate-driven heat waves in the Northern Hemisphere. In the past, the waters north of Greenland were perpetually frozen, earning them the title of "last ice-covered area," considered by scientists to be the least susceptible to melting due to warming. However, unusually high temperatures in February and earlier this month have made them vulnerable to winds. These winds have pushed the sea ice away from the coast to the farthest distance since the 1970s. "Almost all the ice north of Greenland has broken up or fractured, making it more fluid," says Ruth Mottram, a member of the Danish Meteorological Institute. "The open waters here are extraordinary. This area is known as the 'last ice zone' because it was generally thought to be the last place in the Arctic to remain frozen for many years. Now it seems that the last ice zone may be to the west." The ice in northern Greenland is typically thick because the Transpolar Drift Stream is one of the dominant weather patterns in the region. This circulation carries ice from Siberia across the North Pole.

Harvard study suggests climate change could exacerbate global malnutrition.

A new study from the Harvard School of Public Health indicates that rising carbon dioxide levels due to climate change will reduce the nutritional content of crops such as rice and wheat, potentially exacerbating global malnutrition. By mid-century, atmospheric carbon dioxide concentrations are projected to reach approximately 550 ppm (0.055%) due to human activities, compared to the current 400 ppm (0.04%). Since humans obtain most of their nutrition from food, the study, published on August 27th in the journal *Nature Climate Change*, shows that researchers predict 175 million people will be zinc deficient and 122 million will be protein deficient by then. Currently, it is estimated that over 2 billion people are already deficient in at least one nutrient, and climate change will increase the global prevalence of malnutrition. Researchers say India will be the most affected region, followed by countries in South Asia, Southeast Asia, Africa, and the Middle East. (Source: World Journal, August 27, 2018)

The import of foreign waste has doubled, prompting the Environmental Protection Administration to introduce new regulations restricting the import of waste plastics and waste paper.

Following China's policy of "restricting the import of foreign waste," the global landscape for industrial waste such as waste paper and waste plastics has been impacted, with a large amount of industrial waste being diverted to Southeast Asian countries, including Taiwan. Taiwan's imports of plastic waste in the first half of this year were 2.5 times higher than the same period last year. The Environmental Protection Administration (EPA) estimates that this could result in the import of 400,000 to 500,000 tons of waste paper and waste plastics this year. Therefore, on the 13th, the EPA announced amendments to the Waste Disposal Act, adjusting the quality of waste plastics and waste paper and the qualifications of importers to control imported industrial waste. In the future, waste plastics must be of a single material and form; waste paper will only be accepted in the form of kraft paper, cardboard, and corrugated paper, with no mixing of materials allowed. In addition to restricting the quality of imported waste, only legal factories will be allowed to import it, not traders. The new regulations are expected to take effect as early as October. "Those that conflict with domestic recycling will be prioritized for banning. We want high-quality processing, not low-quality processing that leaves pollution in Taiwan," emphasized Chang Tzu-ching, Deputy Director of the Environmental Protection Administration (EPA). He specifically pointed out that unprocessed waste plastics cannot be imported into Taiwan. The regulations require single material and form, and in the future, only factories will be authorized to import them. Lai Ying-ying, Director of the Waste Management Division, explained that under current regulations, there are two ways to import industrial waste: one is to apply for a permit, and the other is to import the 15 types listed in the "Industrial Waste for Industrial Use" list, which does not require an application. The EPA's actual investigation of processing plants found that plastic waste mainly comes from Japan, the United States, the United Kingdom, the Philippines, Mexico, and Germany, but some of it is clearly unsorted. This will increase processing costs and leave more unusable waste.

EU sets restrictions on the addition of fragrances to cosmetics

The European Commission, based on the review recommendations of the Scientific Committee on Consumer Safety (SCCS), has set limits on chemical fragrances in leave-on and rinse-off cosmetic products. The SCCS found that extracts and oils from the flowers of *Tagetes minuta* and *Tagetes patula*, both species of marigold, should not be used as ingredients in sunscreens or added to products marketed for exposure to natural/artificial UV rays. The maximum permitted concentration is 0.01% for leave-on cosmetics and 0.1% for rinse-off products. This updated regulation will take effect 20 days after its publication in the Official Journal of the European Union. Link: EUR-Lex entry Source: Chemical Watch (2018/07/17), compiled by PIDC

Japanese Cabinet finalizes basic energy plan; green energy to account for the majority; nuclear energy to remain in use.

The Japanese cabinet finalized its basic energy plan on March 3, aiming to make renewable energy the primary energy source by 2050, reducing reliance on fossil fuels and nuclear power. Specifically, by around 2030, renewable energy sources such as wind and solar power are projected to account for 22% to 24% of total electricity generation, up from the current approximately 15%, while nuclear power will account for 20% to 22%, and thermal power for 56%. According to the Nikkei, the Japanese government revised the basic energy plan at a cabinet meeting today. For the first time, the plan explicitly states its intention to "strive to reduce its possession of plutonium," a resource generated from the reprocessing of nuclear waste at nuclear power plants. This is the first revision of the basic energy plan in four years, as plutonium continues to accumulate due to the inability of nuclear power plants to restart operations since the 2011 Fukushima nuclear accident. The United States, from the perspective of prohibiting nuclear weapons proliferation, has demanded that Japan reduce its plutonium holdings. However, the plan also maintains the government's continued push to restart nuclear power plants, because for nuclear power to account for 20% of the total electricity supply, at least 30 nuclear power units need to be operating, but since the Fukushima nuclear accident in 2011, only nine units are currently operating. Source: Environmental Information Centre (2018/07/06)

Starting July 1, 2018, Canada banned the sale of toiletries containing microbeads.

Canada officially banned the production, import, and sale of toiletries containing microbeads starting July 1, 2018. Canadian Federal Environment Minister Catherine McKenna recently tweeted that this move was the final step in combating microbead pollution of Canadian waters. Microbeads are solid plastic particles with a diameter of no more than 5 millimeters, widely used in personal care products such as soaps, shampoos, and toothpaste. Microbeads are insoluble and cannot be filtered through wastewater treatment systems, causing marine and river pollution. In 2014, Canada imported approximately 100,000 kilograms of exfoliating and cleansing products containing microbeads, while Canadian personal care product manufacturers used more than 10,000 kilograms. The ban implemented on July 1, 2018, does not currently include natural health products and over-the-counter medications containing microbeads; these two categories are scheduled to be banned from sale on July 1, 2019. Greenpeace strongly advocated for a global halt to the use of microplastic beads in 2016, primarily because the pollution caused by microplastics to the marine food chain has become "global" and must be addressed. Microplastic beads are widely used in various consumer products, including facial and body cleansing products, scrubs, toothpaste, and household cleaning products. When these products are used, tiny plastic fragments are flushed into drains. Because they cannot dissolve, they eventually enter the ocean through the sewer system, severely impacting global aquatic ecosystems. (Source: Green Trade Information Network, 2018/07/23)

Hawaii Bans Taurine Pesticide, Number One in the US

Hawaii became the first state in the U.S. to ban the pesticide taurine in mid-June. Taurine is neurotoxic and has been linked to asthma and epilepsy, posing a risk of impairing children's brain development. Governor David Inoshita signed SB 3095 on June 15, which took effect in July, partially banning taurine until January 2019. Anyone wishing to continue using taurine must apply for a state exemption; exemptions will no longer be granted after 2022, and a complete ban on pesticides containing taurine will begin in 2023. The new law also establishes 100-foot zero-spray buffer zones around schools and requires large-scale users to disclose which "restricted-use" pesticides they are spraying. The new mandatory reporting and zero-spray zone regulations are effective immediately and are not exempt. "Protecting the health and safety of children and residents is one of my top priorities," said Inoshita. "We must protect our communities from potentially harmful chemicals. At the same time, Hawaiian agriculture is vital to our nation and economy. We will be working with the Department of Agriculture, local farmers, and the University of Hawaii to find safe alternative pest management tools to support and sustain agriculture for generations to come." The Agency for Toxic Substances warns: "Inhalation or ingestion of taurine can cause a range of neurological problems, including headaches, blurred vision, salivation, convulsions, coma, and death, depending on the amount and duration of exposure."

Starbucks leads the way by banning plastic straws in its global stores by 2020.

(CNA, New York, September 9) Starbucks has decided to ban single-use plastic straws at all its stores worldwide within two years. Amid growing global calls for waste reduction, Starbucks cites the environmental threat plastic poses to the oceans, becoming the largest food and beverage company to ban plastic. Just one week after Seattle, Starbucks' birthplace, banned plastic straws and containers, Starbucks announced today that by 2020 it will use straws made from biodegradable materials, such as paper straws, and specially designed lids. Starbucks stores in Seattle have already begun offering alternative straws. Other cities, such as Fort Meyers, have also banned plastic straws. New York and San Francisco are considering following suit. Starbucks stores in Seattle and Vancouver will begin using lids without straw holes this fall, with a gradual rollout in the US and Canada next year. Other locations worldwide will also adopt lids without straw holes, led by European countries. CNBC reports that Seattle became the first U.S. city to ban plastic straws, containers, and cocktail stirrers on July 1st. Bans on plastic straws and stirrers in the UK and Ireland will take effect next year. Customers have been calling for restaurants like Starbucks and McDonald's to ban single-use plastic utensils, such as straws, cups, and bags, but the problem is not easy to solve. These chains serve millions of customers daily at thousands of locations, making a rapid and comprehensive ban on these non-recyclable items difficult and inevitably costly. (Translator: Luo Yuanshao/Editor)

Samsung is committed to using 100% renewable energy in the United States, Europe, and China.

Samsung Electronics, a global leader in consumer electronics, today announced proactive measures to increase its use of renewable energy in its operations, focusing on energy efficiency and emissions reduction. As a responsible corporate citizen, Samsung is demonstrating its commitment to renewable energy by setting renewable energy targets. In markets with well-developed infrastructure, such as the US, Europe, and China, Samsung is leveraging resources to develop and transmit renewable energy to increase its usage. Specifically, Samsung plans to make all its factories, office buildings, and operational facilities in the US, Europe, and China 100% renewable by 2020. In the medium to long term, Samsung will gradually increase its renewable energy use globally. To achieve this commitment, Samsung has agreed to comply with the World Wildlife Fund (WWF) Renewable Energy Buyer's Code and join the Rocky Mountain Institute's Commercial Renewable Energy Center. In South Korea, Samsung is fully cooperating with the government's national strategic plan to increase its renewable energy usage by 20% by 2030. Starting this year, Samsung will install approximately 42,000 square meters of solar panels at its headquarters in Suwon, South Korea, marking the first step in this action. In addition, Samsung will install approximately 21,000 square meters of solar and geothermal power generation facilities at its Pyeongtaek and Hwaseong campuses in 2019 and 2020 respectively. Through these efforts, Samsung Electronics is actively increasing the use of renewable energy globally, aiming to provide the equivalent of 3.1 GW of solar power by 2020.

New green shipping regulations take effect in 2020; cargo ships respond in three phases.

In April 2018, member states of the International Maritime Organization (IMO) adopted a historic agreement to halve CO2 emissions from the shipping industry by 2050. Industry discussions surrounding the upcoming implementation of low-sulfur fuel oil in 2020 have led to a 50% increase in fuel procurement costs. The industry is employing a comprehensive strategy, employing three main approaches, which will significantly impact shipping price trends in the long term. Taiwanese companies Evergreen and Yang Ming Marine Transport have adopted a more conservative outlook for this year, but believe next year's market conditions will be better. The shipping market is facing increasing challenges and entering a volatile era. According to Alphaliner, a shipping consultancy, the annual growth rate of global cargo volume has been lowered this year. Evergreen and Yang Ming both believe this year will be very challenging for container ships, with new ship supply at an annual rate of 5.8%, while cargo volume growth has decreased from the original forecast of 5.3% to 4.5%. This is the reason for the industry's relatively conservative outlook this year. However, the industry's implementation of contingency strategies during the peak season will contribute to the healthy development of the container market. This year also sees the impact of rising oil prices, with the price of marine fuel oil per ton soaring from $300 last year to $370, an average increase of 25%, which will also affect shipping companies' operating costs. Faced with rising oil prices, the world's three largest container shipping companies have announced the implementation of emergency fuel surcharges, creating a climate of rising freight rates this year and gradually reducing the pressure from rising oil prices. In the long term, the International Maritime Organization (IMO) has begun addressing threats to the marine environment. With regulations to reduce sulfur oxide emissions implemented since 2020, provisions have been made...

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