Ven. Dic 27th, 2024

Mese: Dicembre 2024

Green technologies

Title: “US-China Green Tech Trade Tensions: A Growing Concern for Global Sustainability” The trade tensions between the United States and China have extended beyond traditional industries and into the realm of green technology. This has raised concerns about the impact on global sustainability efforts. As the two largest economies in the world, their trade relationship has a significant influence on the development and adoption of green technology. However, recent escalations in tensions have threatened to hinder progress in this crucial sector. The US and China have been engaged in a trade dispute for several years, with both countries imposing tariffs on each other’s goods. This has had a ripple effect on various industries, including the green technology sector. The US has accused China of unfair trade practices, such as intellectual property theft and government subsidies for domestic companies. China, on the other hand, has accused the US of protectionism and hindering its economic growth. One of the main areas of contention in the green tech trade between the two countries is the production of solar panels. China is the world’s largest producer of solar panels, and its government subsidies have allowed it to dominate the market. This has led to accusations from the US that China’s actions are anti-competitive and harm American companies. In response, the US has imposed tariffs on Chinese solar panels, making them more expensive for American consumers. The trade tensions have also affected the electric vehicle (EV) market. China is the largest market for EVs, and its government has implemented policies to promote their adoption. However, the US has accused China of unfairly subsidizing its EV industry, giving Chinese companies an advantage over American ones. This has resulted in the US imposing tariffs on Chinese EVs, making them less competitive in the American market. The escalation of trade tensions between the US and China in the green tech sector has raised concerns about the impact on global sustainability efforts. Green technology is crucial in reducing carbon emissions and mitigating the effects of climate change. However, the trade dispute between the two countries has hindered the development and adoption of 

15/12/2024

​The U.S.-China trade tensions have reached a new level as the Biden administration announced increased tariffs on Chinese green tech…

Green technologies

Title: “Streamlining Pacific Green’s Accounting Policy for Enhanced Financial Management” Pacific Green is committed to maintaining accurate and transparent financial records in accordance with industry standards and regulations. As part of our continuous improvement efforts, we have revised our accounting policy to streamline processes and improve efficiency. This will not only ensure compliance but also provide valuable insights for strategic decision-making. Our updated accounting policy includes a comprehensive framework for recording, classifying, and reporting financial transactions. We have also implemented strict internal controls to safeguard against errors and fraud. This will enable us to produce timely and reliable financial statements, giving stakeholders a clear understanding of our financial performance. In addition, we have adopted a systematic approach to asset valuation, ensuring that our financial statements reflect the true value of our assets. This will provide a more accurate picture of our financial health and aid in making informed investment decisions. Furthermore, our revised policy includes a detailed procedure for revenue recognition, ensuring that revenues are recorded in the appropriate period and in accordance with the applicable accounting standards. This will enhance the accuracy and reliability of our financial statements, providing stakeholders with a clear understanding of our revenue streams. We have also incorporated a robust risk management framework into our accounting policy, identifying potential risks and implementing measures to mitigate them. This will not only protect our financial interests but also instill confidence in our stakeholders. At Pacific Green, we understand the importance of efficient and transparent financial management. Our updated accounting policy reflects our commitment to these principles and will enable us to meet the evolving needs of our stakeholders. With streamlined processes and enhanced controls, we are confident in our ability to maintain accurate and reliable financial records. 

15/12/2024

​. Pacific Green Technologies, Inc. (“Pacific Green”), (OTCQB: PGTK) has recently made some changes to its accounting policies, which will…

Update

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