The New York Times, citing people familiar with the matter, says Elon Musk plans to spend at least $100 million to support Republican candidates in the U.S. midterm elections.

The Ministry of Industry and Information Technology said on July 31 it has released the 15th Five-Year Plan for Industrial Green Low-Carbon Development. The plan shifts emphasis from industry-only decarbonization to industry’s role in supporting an economy-wide green transition, and calls for coordinated promotion of industrial greening and green industrialization. It mandates deep implementation of industrial carbon-peak measures: coordinated transformation of industrial and energy-use structures, accelerated electrification and adoption of green energy, stepped-up energy savings and carbon cuts in key sectors, and specific tasks for local carbon assessment, sectoral carbon controls, corporate carbon management, project-level carbon evaluation and product carbon footprinting.

韓國KOSPI指數日內暴漲14.00%，現報6385.83點。