renewable energy Tag

15 Apr China’s energy trade with Middle East set to surge since Beijing brokered last year’s Iran-Saudi deal, UBS says

Posted at 23:00h in Asia

Energy-related trade between China and the Middle East is likely to increase significantly and reshape the sector globally in the wake of the Saudi-Iran peace deal brokered by China last year, according to Swiss bank UBS.By 2030 trade between the two will have risen by...

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15 Apr Chinese business executives see US-China rivalry as ‘biggest uncertainty’, stay upbeat on markets

Posted at 04:00h in Asia

Most of the discussion at the Harvard College China Forum, however, inevitably turned to the US-China relationship. 03:10Protests at US Congress after House passes bill that could potentially ban TikTok nationwideProtests at US Congress after House passes bill that could potentially ban TikTok nationwideXing Lu, an...

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11 Apr Climate change: China drives increase in global coal-fired power capacity amid building boom, slow retirement, study says

Posted at 00:00h in Asia

China drove a global surge in new coal-fired power plants last year, building and approving capacity at a rate not seen in nine years despite the country’s promise to “strictly control” its use of the most damaging fossil fuel, according to a new report.China accounted...

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27 Mar PetroChina on track to peak carbon emissions, double output powered by low-carbon energy: top executives

Posted at 13:00h in Asia

PetroChina, the nation’s largest oil and gas producer, is on track to reach its goal to peak carbon emissions next year and is confident it can double the contribution of low-carbon energy to total output capacity over two years, its top leaders said.As it reported...

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10 Mar Climate Change: Hong Kong energy giant CLP takes the nuclear option to hit decarbonisation targets

Posted at 02:00h in Asia

CLP Holdings, the larger of Hong Kong’s two power utilities, plans to increase its imports of nuclear power from mainland China as the electricity supplier seeks to achieve its greenhouse gas emissions goal for 2030 by increasing the share of clean energy in its product...

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05 Mar Green energy war: dominant Chinese exporters of EVs, batteries and solar panels face trade barriers, Natixis says

Posted at 00:30h in Asia

China’s global dominance in the production of three key energy transition products – electric vehicles (EVs), batteries and solar panels – will face more challenges this year from industry overcapacity, price wars and trade barriers, French bank Natixis said.Export growth of these “new three” sectors,...

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19 Feb China’s climate goals: growing energy consumption, slow progress on decarbonisation pose challenges, says NEA director

Posted at 06:08h in Asia

China’s growing energy consumption, faltering progress on decarbonisation, and limitations on new energy capacity installation pose major challenges for the world’s largest greenhouse gas emitter’s climate goals, according to the head of the National Energy Administration (NEA).The country’s energy transition faces difficulties including greater-than-expected...

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16 Feb ESG investing: Funds focused on responsible practices outperform in the long haul, says index compiler

Posted at 09:30h in Asia

Both the ESG and sustainability indices prioritise Hong Kong-listed constituents with longer track records. One basis point equals 0.01 per cent.The Exchange Square where Hong Kong stock exchange (HKEX) is housed in Central. Photo: Xiaomei Chen“Generally speaking, ESG indices meticulously consider the sustainability factors of...

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16 Feb Green Tech: Tetra Pak helps Chinese dairy firms automate production, cut energy and water usage, carbon emissions

Posted at 00:30h in Asia

Established in Lund, Sweden in 1951 and now Switzerland-headquartered, Tetra Pak is a privately-owned firm which makes equipment for manufacturing cheese, ice-cream, dairy milk powder and alternative protein, besides cartons.Tetra Pak is a multinational food packaging and processing company of Swedish origin with headquarters in...

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13 Feb China’s EV makers face rising EU demands on climate disclosures, sustainability compliance, eroding export edge: expert

Posted at 02:30h in Asia

“Such regulations not only brought additional sustainability requirements for market entry into the private sector, they are also manifested in the EU’s public-sector procurement policies. Some can be considered a kind of protectionism.”Cars wait to be loaded onto a ship for export at the port...

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