China expects first trade in national emissions scheme in 2020

China expects to make the first trade on the long-awaited national emission trading scheme in 2020, a senior climate official said on Saturday, as part of Beijing’s efforts to fulfill its commitment to reducing greenhouse gas emission.China has spent two years on legal and technical infrastructure construction after it announced its plans to launch the nationwide emission trading scheme (ETS) in 2017.It began setting up pilot trading platforms in 2013 in seven regions across the country but they have not been brought under a unified scheme yet.“China will speed up construction of the national

China's environment tax receipts up 22 per cent in first half

China earned 9.6 billion yuan ($1.4 billion) in environmental tax revenues in the first half of 2018, up 22.1 per cent from a year earlier, after the system was overhauled at the start of 2018, state news agency Xinhua said on Friday.

China unveils new climate goals for 2020

Guidelines published by the leading party in China during the weekend outline efforts to cut emissions by at least 15 percent by the end of the decade.

China: Three-year action plan aims for blue skies

Within three years, air pollution in China’s key urban areas will be significantly reduced, resulting in more blue-sky days, by shrinking outdated production capacity and the use of substandard coal, as part of efforts to change energy consumption and the industrial structure.

Ukraine sees potential in green energy cooperation with China

China and Ukraine share great potential for cooperation in green energy, a senior Ukrainian energy sector official said Wednesday.

Global Market 2018-05-31

China’s carbon emissions set for fastest growth in 7 years

China’s carbon emissions are on track to rise at their fastest pace in more than seven years during 2018, casting further doubt on the ability of the Paris climate change agreement to curb dangerous greenhouse gas increases, according to a Greenpeace analysis based on Beijing’s own data.

China's potential ban on trucking coal, ore, steel may dampen imports

A potential ban on trucking coal, ore and steel in several regions in China could dampen demand for seaborne raw material imports, market sources said Monday.

CERAWEEK: BP's Dudley calls for price on carbon

Bob Dudley, BP's group chief executive, called Tuesday for a global price on carbon in order to reduce greenhouse gas emissions."We need governments, in our opinion, to put a price on carbon," Dudley told the CERAWeek by IHS Markit conference.Dudley did not suggest what a global price structure would look like and acknowledged it presented numerous challenges.Dudley, who chairs the Oil and Gas Climate Initiative, a group of 10 oil and gas companies focus on reducing GHG emissions, said the industry "can and must be part of the solution."In a speech before the Houston energy conference, he said

Global Market Opinion 2018-03-07

China's carbon market will take two more years to set up: SinoCarbon

China's nationwide emissions trading system will probably take another two years to develop, according to an analyst with low-carbon services company SinoCarbon.

China continues campaign against air pollution

Despite some success in controlling air pollution, China will give no quarter in the battle against pollution, a senior official said Tuesday.

China looks to retain local subsidies for electric vehicles: Bloomberg

The Chinese government is leaning towards retaining local subsidies for electric vehicles after eliminating a prior proposal to scrap the funding, Bloomberg reported on Monday.The newly amended policy is said to be in final stages of discussions in order to sustain a rising demand for new-energy automobiles in China.After deliberating on the move to curb local aid to control state expenditure, policy makers are anxious that discontinuing local incentives would weaken the development of the new-energy vehicles sector, according to Bloomberg.Until last month, it was expected that the country wou

Major China regions see smog worsen, adding to fears polluters are moving south

Though concentrations of small, breathable particles known as PM2.5 fell 17.9 percent year on year to 64 micrograms per cubic meter in 338 cities nationwide in January, the Yangtze River Delta registered an average of 72 micrograms, up 20 percent, according to official data published on Monday.

Energy efficiency key for China’s ecological goals

China will step up reforms "of the system for developing an ecological civilization," an important point raised in the 19th National Congress of the Communist Party of China. This is of pivotal significance for green growth. To proceed with ecologically conscious development, the country needs to put a ceiling on the use of resources, set minimum environmental quality requirements, draw an uncrossable "red line" for environmental protection, and put in place a baseline for energy safety. Such efforts will be the mainstays of the nation's ecological civilization push.The contradiction between l

China to launch world’s largest emissions trading system

China has detailed plans for what is believed will be the world’s largest emissions trading system.

China leads global efforts in clean energy expansion

​As the development of clean energy hit new records, China, the world's largest energy investor and innovation center, has made stronger-than-expected efforts to accelerate the process.

China Begins First Of Eight Large-Scale Carbon Capture Projects

China's first CCS project was started by state-owned Yanchang Petroleum, reports AFR Weekend. The facility will capture CO2 emissions from a coal-to-gas petrochemical plant near the western Chinese city of Xi'an.

China, ADB launch green financing platform to fight pollution

China and the Asia Development Bank (ADB) have launched a green financing platform to support efforts by small- and medium-sized enterprises to cut pollution in the smog-hit Beijing-Tianjin-Hebei region, ADB said on Friday.

Authorities promote mandatory environmental disclosure as listed companies fail test

China is introducing mandatory environmental disclosure by listed companies, as many listed companies recently failed an environmental disclosure test of their 2015 annual reports.

China at forefront of global energy transition

China's enthusiasm for clean energy is pushing the global transition toward a low-carbon future. With public and private investment and commitment to collaboration, China is playing an increasingly important role in global clean tech innovation.

2017-06-12

PetroChina: produces clean energy in green

China Petroleum recently released > shows that in 2016, China's four major pollutants emissions of oil were declining, including sulfur dioxide, nitrogen oxides were more than 10% decline, the highest level in history.China Petroleum Quality and Environmental Protection Department Deputy General Manager Zhou Aiguo said that PetroChina as a comprehensive energy companies, and actively participate in national environmental protection construction, increase the supply of clean energy, 2016 supply of natural gas 131.45 billion cubic meters, equivalent to r

2017-06-11
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