Developing AI Increases Challenges in Emission Reductions, Cathay Financial Holdings Chairman: Technology and Energy Storage Can Facilitate Achieving Net Zero Goals Ahead of Schedule

Reported 12 months ago

Google's development of AI has led to increased carbon emissions, with Cathay Financial Holdings Chairman emphasizing the importance of Taiwan's power grid resilience in emission reduction efforts. The company believes that through technological innovation and industry policies promoting sufficient power supply and green energy, Taiwan can achieve its net zero carbon emissions goal as early as 2045, surpassing the 2050 target. The focus on energy transition and climate change was highlighted at Cathay Financial Holdings' 'Sustainable Finance and Climate Change Summit,' discussing the significance of technology and energy storage advancements in ensuring Taiwan's power grid resilience for a sustainable future.

Source: YAHOO

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