China’s ban on overseas coal power plants is good for the climate … but where’s the support for renewable energy? experts ask [SCMP]
China must do more to redirect resources towards renewable energy projects, even if it has contributed to the world’s efforts to fight climate change by cancelling new coal power projects overseas, analysts said. Beijing’s pledge a year ago has put a “significant dent” in planned coal-fired projects overseas, according to the Centre for Research on Energy and Clean Air (CREA) and Manila-based environmental policy group, People of Asia for Climate Solutions (PACS).
Shared climate leadership will make a beautiful environment in Asia
by Red Constantino | November 29, 2021 | Published on China Daily | READ THE STORY HERE On Nov 23, at the Special Summit to Commemorate the 30th Anniversary of China-ASEAN Dialogue Relations, Chinese President Xi Jinping delivered a speech entitled "For a Shared Future and Our Common Home". "The valuable experience we have gained over the past 30 years is the shared asset of China and ASEAN," Xi said in his speech, calling it the foundation for developing the Comprehensive Strategic Partnership. There is much in common between China and Southeast Asian countries. We all want a peaceful, safe, [...]
China’s pledge to stop building coal power plants abroad opens door for its renewable energy firms
by Xiaojun Wang | September 30, 2021 | Published by South China Morning Post | READ THE STORY HERE At the 76th UN General Assembly, President Xi Jinping announced that “China will step up support for other developing countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad”. While international climate watchers applauded the second part of the announcement, Chinese renewable energy companies are cheering the first half. An end to coal means a door opened wider for renewable energy. China is the world’s largest producer, investor and user of renewable energy. According [...]
To be a true climate leader, China should commit to clean energy on the belt and road
Eye on Asia by Xiaojun Wang | Published by South China Morning Post, 07 Feb 2021 | Read the full story here Last year, for the first time, a greater proportion of China’s overseas energy investment went into renewable energy rather than fossil fuels.Solar, wind and hydropower projects accounted for 57 per cent of China’s overseas energy investment, compared to 39 per cent in 2019, while coal, oil and gas accounted for the remaining 43 per cent, according to Beijing-based think tank Green Belt and Road Initiative Centre.Although coal projects still made up 27 per cent of China’s overseas energy investments, up from [...]