(Source: Clean Technica) GlobalData has forecast that the global hydropower market will increase from $70.9 billion in 2017 to $86.2 billion by 2025. The global hydropower market is likely to benefit from a major boost in investment which will see an increase in the number of installations, especially in countries such […]
(Source: Reuters) China and Saudi Arabia will increase their cooperation in the oil sector, including in Saudi oil exports to China, the two countries said in a joint communique issued on Saturday at the end of Saudi Arabian King Salman’s visit to Beijing. Saudi Arabia has sought to boost oil sales […]
(Source: Chinatopix) China is the first country in the world to establish a production line that converts coal into ethanol, which is the main chemical ingredient in alcohol, according to the Chinese Academy of Sciences. The facility, which started its operation in January, is expected to yield over 100,000 metric tons […]
(Source: World Nuclear News) Global energy-related CO2 emissions in 2016 totalled 32.1 billion tonnes, according to IEA estimates. Emissions in the USA and China – the two largest energy users and emitters – declined, while emissions were stable in Europe, offsetting increases in most of the rest of the world. Read […]
(Source: BBC News) Germany is expected to use its G20 Presidency to nudge world leaders towards a global price on carbon, according to its director general of energy policy. The German government insists the carbon tax is just one of many measures to achieve climate goals. Read full story….
As NDRC pushed back the launch of the national ETS in 2016, the seven existing pilots at the time finished their originally planned term of three years. These three experimental years of the Chinese carbon pilots have provided regulators, covered entities, and others involved with valuable learnings ahead of the national scheme. A […]
(Source: Reuters) China is expected to impose unified national standards when it launches a national emissions trading scheme next year. The national scheme faces the challenge of integrating the local pilot schemes, which trade different types of carbon permits at prices that vary from 8 yuan ($1.23) in Shanghai to 51 […]
(Source: Reuters) China is increasing monitoring and controls on imports of low-quality coal due to its impact on smog and overcapacity in the world’s top coal consumer, according to a government official. “As long as coal meets standards, we don’t forbid imports, but we are imposing controls on low-quality coal imports,” […]
(Source: China Daily) Zhanjiang recently installed 20 additional electric bus chargers at the new Haitian Bus Station in Chikan district, bringing the total amount of bus chargers in the city to 84. Zhanjiang currently has 612 new energy buses since their first introduction in the city in 2014. Read full story….
(Source: Reuters) China is considering easing proposed quotas aimed at producing more electric vehicles, as Beijing gets pushback from the automotive industry over the scale and pace of the plans. The changes would lower targets from a draft policy released in September requiring 8 percent of automakers’ sales to be battery […]