KATHMANDU, April 20: During the first nine months of the current Fiscal Year 2023/24, a total of 286 new industries have been registered, according to the Department of Industry.
Mining superpower Australia will on Thursday announce a US-style scheme to pour public money into manufacturing and clean energy industries, joining the global race to build a cleaner and more resilient economy.Tim Buckley, director of independent public interest think tank Climate Energy Finance, said the act would lay the foundations to make Australia a zero-emissions trade and investment leader and global clean energy "superpower".
U.S. Treasury Secretary Janet Yellen warned on Monday that the United States would not accept new industries being decimated by subsidized Chinese imports in the same way that the U.S. steel sector was crushed a decade ago. After wrapping up four days of talks with Chinese officials, Yellen told a news conference the exchanges had advanced American interests. She said she had raised concerns about China's weak domestic demand and overinvestment in industries such as electric vehicles, batteries and solar products, fueled by "large-scale government support."
‘The green economy is one in which Northern Ireland has true potential to lead the world, but it's not just about business; it involves local and regional government, acting in concert not only to shape the future we want to see, but supporting the creation of successful new industries’