OMNI Features｜US Pushes for Strict Automobile Emission Regulations Providing More Time for Phasing Out Gasoline Vehicles．Poland Allocates 20 Billion Zlotys to Assist in Renewable Energy Transition．Perpetual Bond Circulation Surpasses 500 Billion, Majority Comprised of Green Bonds

｜US Pushes for Strict Automobile Emission Regulations Providing More Time for Phasing Out Gasoline Vehicles
The Environmental Protection Agency (EPA) has issued the most stringent automobile emission regulations to date, applicable to light-duty vehicles from 2027 to 2032, to allow car manufacturers more time to phase out gasoline engines. The new regulations emphasize the need for an extended transition period to electric vehicles, giving consumers time to adopt and purchase electric cars, while also encouraging the development of more charging infrastructure. Traditional automobile manufacturers view the leniency of the regulations as favorable to their interests. However, some environmental groups argue that the new regulations fail to effectively promote the widespread adoption of electric vehicles, potentially hindering emission reduction goals.

｜Poland Allocates 20 Billion Zlotys to Assist in Renewable Energy Transition
Urszula Zielińska, Deputy Minister of Climate and Environment of Poland, announced a new initiative to help the district heating industry transition to renewable energy without relying on natural gas, with a budget of up to 20 billion zlotys. Zielińska stated that a heating industry strategy would be formulated by the end of 2024, allowing local governments to plan the location of heating networks and heat pumps independently. The aim is to provide the heating industry with a transition path towards using renewable energy and reducing reliance on natural gas.

｜Perpetual Bond Circulation Surpasses 500 Billion, Majority Comprised of Green Bonds
The perpetual bond market has become a significant fundraising channel for Taiwanese companies pursuing sustainability. According to Taiwan Stock Exchange statistics, the number of outstanding sustainable development bonds has reached 175, with a total issuance amount of 5.152 trillion New Taiwan dollars. Green bonds, used for environmentally beneficial projects such as green buildings and green investments, have been favored by the manufacturing sector in recent years amid the trend toward net-zero transformation.

Reference: The International Trade Administration (TITA)｜CNA｜bankier.pl