A carbon-pricing mechanism is one of the new models China embraced as it pledged to reach peak emissions before 2030 and achieve carbon neutrality by 2060, which “will bring enormous opportunities in investment and earthshaking changes in financial business models,” said Xiao Gang, former head of the China Securities Regulatory…
Author: CEN_net
China-to-host-first-United-Nations-global-conference-on-ecological-civilization-and- biodiversity
China will host the first part of the 15th meeting of the Conference of the Parties to the UN Convention on Biological Diversity (COP15), which is scheduled to be held from October 11 to 15 in Kunming, southwest China’s Yunnan Province. Themed “Ecological Civilization: Building a Shared Future for All…
Mega green projects give China lead in clean energy generation
With a batch of mega new energy projects put into operation this year, the government vowed to accelerate the pace of coal reduction and strictly control coal power projects while accelerating the development of non-fossil fuel energy power generation such as wind and solar power. China already has the world’s…
Xi’s pledge on stopping coal-fired projects overseas marks Beijing’s ‘firmest determination, greatest effort’ to curb global warming
Source: Global Times Published: Sep 22, 2021 Aerial photo taken on Dec. 13, 2019 shows the power plant PLTU Java 7 in Bojonegara subdistrict of Banten province, Indonesia. Unit 1 of Indonesia’s coal-fired power plant PLTU Java 7 developed by a consortium of Chinese and Indonesian companies. Photo:…
China confirms it will cease building new coal-fired power projects abroad
Xi Jinping says China will stop building coal plants overseas. This almost completely ends the international finance of coal in a single sentence. Chinese President Xi Jinping addressed the general debate of the 76th session of the United Nations General Assembly (via video conference) on September 21, 2021. In keeping…
THE CENTRALITY OF CHINA: THEN AND NOW
By Thomas Hon Wing Polin “The best single expression of China’s vision for the 21st century is its Belt and Road Initiative (BRI), the most ambitious development project ever. It is a contemporary version of the original Silk Roads (one land, one maritime), which helped the ancient world flourish for…
Across China: clear sky a testament to coal base’s transformation
TAIYUAN, Sept. 21 (Xinhua) — With the environment getting better, photographer Wu Haizhan, from north China’s Shanxi Province, spends a lot more time shooting the starry sky at a local forest park. “Stars that used to be difficult to spot can be observed easily now,” said Wu, who has frequented…
Foshan’s hydrogen trams lead a silent revolution in China’s green transport
A quiet revolution in transport is under way in Foshan city in southern China’s Greater Bay Area. The Chinese government hopes it will pave the way for public transport to become emissions-free. SCMP reports that “A tram running 6.6 kilometres from Cangjiang Road to Zhihu in the Gaoming district has been…
Rooftop solar to roll out on China’s public buildings
On Tiananmen Square, China’s very heart, an 850 square metre solar installation is in operation. The panels sit on the roof of the Great Hall of the People, generating 98,000 kilowatt hours (kWh) a year to run the building below. This is not a common arrangement. Nationally, next-to-no government or…
Rewilding and regenerating: Safeguarding the Loess Plateau ecoregion
Halting and reversing the decline of nature and enhancing climate resilience have become both an opportunity and an obligation of the Loess Plateau ecoregion in China. It also offers a living case of transition of a traditionally coal-dependent region towards a future that is people and planet positive. Chinese President…