Latest news
China to introduce a carbon tax
China has announced it will establish a carbon tax by adding CO2 to the scope of existing environmental levies. According to a senior official with the Ministry of Finance, China will introduce a set of new taxation policies intended to protect the environment, including a tax on carbon dioxide emissions.
read more... 25/02/2013
Northeast China gets its first nuclear power station since Fukushima disaster
The first nuclear power plant and the largest energy project in Northeast China since the accident at Japan's Fukushima Dai-Ichi plant in 2011 started operation on 17 February.
read more... 20/02/2013
China installed almost 16 GW of wind power in 2012
According to data offered by Bloomberg New Energy Finance, in 2012, China was the world’s largest wind market in terms of annual installed capacity. The country installed 15.9GW of onshore turbines, or about 35% of the world’s new onshore capacity.
read more... 15/02/2013
Rosneft envisages doubling China oil deliveries in exchange for an oil-for-loan deal
The Russian oil major Rosneft is eyeing a $30 billion loan from China and is in talks with state-owned China National Petroleum Corp in exchange for doubling oil supplies to Beijing, in a move that could divert supplies away from Europe.
read more... 14/02/2013
China’s consumption of coal nearly as much as the rest of the world altogether
According to the U.S. Energy Information Administration, China is now burning almost as much coal as the rest of the world combined, due to an increase of more than 200% in Chinese electric generation, in comparison to 2000 levels, fueled mostly by coal. Currently Chinese coal demand accounts about 47% of global consumption.
read more... 31/01/2013