By Cindy Wang and Miaojung Lin Taiwan authorities completed the dramatic helicopter rescue of 19 crew members on a stricken ship, which foundered as Super Typhoon Krathon brings strong winds and heavy rains to the island. All those on the Barbados-registered "Blue Lagoon" were rescued, the coast guard said in a statement. Rescuers used helicopters to lift the seafarers from the rolling deck of the bulk carrier, hours after the crew decided to abandon the sinking ship. The successful rescue underscores Taiwan's efforts to rapidly respond to the typhoon, which include releasing water from dams and dispatching hundreds of military personnel to the south and east of the island, which is already experiencing heavy rain. Still, the storm is expected to lash more of the island, which canceled all 234 domestic flights scheduled for Wednesday. A coast guard member keeps watch for people nearing the coast at Badouzi Harbour in Keelung on September 30, 2024, as Typhoon Krathon nears. Photographer: YAN ZHAO/AFP Southeast Asia will miss its renewable energy production goal, highlighting the difficulties in weaning the region off fossil fuels like coal and liquefied natural gas, according to an intergovernmental think tank. Clean power will make up 19% of the regional total by the end of next year, the ASEAN Centre for Energy said in a report, compared with an Association of Southeast Asian Nations target of 23%. Southeast Asia may become a net importer of LNG by 2027, it said. Industrial and transport sectors in bigger economies like Indonesia and Vietnam are the main power consumers, but household electrification in smaller countries like Cambodia will also contribute to a more than doubling demand by 2050, said Zulfikar Yurnaidi, head of energy modeling and policy planning at the think tank. Photographer: Veejay Villafranca/Bloomberg Don't assume rate cuts will help clean energy. This is the view of Barry Norris, the founder and chief investment officer of UK hedge fund Argonaut Capital Partners. He says reliance on subsidies is undermining the appeal of green assets. The face of building electrification quits. BlocPower, a New York-based climate startup once seen as leading the push to retrofit urban buildings for clean energy, is charting a new course this week after its co-founder and chief executive stepped down. Climate upgrades are getting costlier for offices. The bill to upgrade Europe's aging cities for a zero-carbon future keeps on rising, and it's becoming an increasingly risky bet as property valuations plunge. Scientists have been trying to understand — and mimic — the way the sun produces energy for centuries. But recreating the energy-generating process of nuclear fusion here on Earth presents an array of technical challenges. Bob Mumgaard, CEO of Commonwealth Fusion Systems, began working on some of those challenges as a doctoral student at MIT. Now backed by more than $2 billion, CFS is well on its way to making the long-held dream of nuclear fusion a reality. On the latest episode of Zero, Mumgaard breaks down the science behind CFS's bagel-shaped tokamak reactor, and explains why he believes the nuclear fusion industry is just getting started. Listen now, and subscribe on Apple, Spotify, or YouTube to get new episodes of Zero every Thursday. |
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