Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Friday, January 6, 2017

China will invest $361 billion in clean, renewable energy by 2020 to curb pollution from fossil fuel combustion

Global Energy News | Thu Jan 5, 2017
REUTERS

China to plow $361 billion into renewable fuel by 2020

China will plow 2.5 trillion yuan ($361 billion) into renewable power generation by 2020, the country's energy agency said on Thursday, as the world's largest energy market continues to shift away from dirty coal power towards cleaner fuels.

The investment will create over 13 million jobs in the sector, the National Energy Administration (NEA) said in a blueprint document that lays out its plan to develop the nation's energy sector during the five-year 2016 to 2020 period.

The NEA said installed renewable power capacity including wind, hydro, solar and nuclear power will contribute to about half of new electricity generation by 2020.

The agency did not disclose more details on where the funds, which equate to about $72 billion each year, would be spent.

Still, the investment reflects Beijing's continued focus on curbing the use of fossil fuels, which have fostered the country's economic growth over the past decade, as it ramps up its war on pollution.

Last month, the National Development and Reform Commission (NDRC), the country's economic planner, said in its own five-year plan, that solar power will receive 1 trillion yuan of spending, as the country seeks to boost capacity by five times. That's equivalent to about 1,000 major solar power plants, according to experts' estimates.

The spending comes as the cost of building large-scale solar plants has dropped by as much as 40 percent since 2010. China became the world's top solar generator last year.

"The government may exceed these targets because there are more investment opportunities in the sector as costs go down," said Steven Han, renewable analyst with securities firm Shenyin Wanguo.

Some 700 billion yuan will go towards wind farms, 500 billion to hydro power with tidal and geothermal getting the rest, the NDRC said.

The NEA's job creation forecast differs from the NDRC's in December that said it expected an additional 3 million jobs, bringing the total in the sector to 13 million by 2020.

Concerns about the social and economic costs of China's air pollution have increased as the northern parts of the country, including the capital Beijing, have battled a weeks-long bout of hazardous smog.

Illustrating the enormity of the challenge, the NEA repeated on Thursday that renewables will still only account for just 15 percent of overall energy consumption by 2020, equivalent to 580 million tonnes of coal.

More than half of the nation's installed power capacity will still be fueled by coal over the same period.

(Reporting by Meng Meng and Beijing Monitoring Desk; Writing by Josephine Mason; Editing by Michael Perry and Christian Schmollinger)

REUTERS
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See also: ThinkProgress
Trump to cede millions of high-wage jobs to China
Beijing will create 13 million jobs by 2020, investing $360 billion in clean energy, while Trump vows to abandon the sector. 

Wednesday, November 26, 2014

U.S.-China Climate Accord -- Roundup of News and Opinions

US and China reach historic climate change deal, vow to cut emissions
By Matt Hoye and Holly Yan, CNN
updated 11:59 AM EST, Wed November 12, 2014

Beijing (CNN) -- In a historic climate change deal, U.S. President Barack Obama and Chinese President Xi Jinping announced both countries will curb their greenhouse gas emissions over the next two decades.

Under the agreement, the United States would cut its 2005 level of carbon emissions by 26-28% before the year 2025. China would peak its carbon emissions by 2030 and will also aim to get 20% of its energy from zero-carbon emission sources by the same year.

"As the world's two largest economies, energy consumers and emitters of greenhouse gases, we have a special responsibility to lead the global effort against climate change," Obama said Wednesday in a joint news conference with Xi.

The announcement marks the first time China has agreed to peak its carbon emissions, according to the White House. Xi is calling for "an energy revolution" that would include broad economic reforms addressing air pollution.

Game changer for global talks?

Obama, who was in Beijing for the Asia-Pacific Economic Cooperation (APEC) summit, said he hopes the deal will spur other nations to tackle climate change.

"We hope to encourage all major economies to be ambitious -- all countries, developing and developed -- to work across some of the old divides, so we can conclude a strong global climate agreement next year," Obama said.

Xi said both sides were committed to working toward the goals before the United Nations Climate Conference in Paris next year.

Read more at CNN.com



What Climate Scientists Have To Say About Obama’s Deal With China  
by Emily Atkin, Posted on November 12, 2014 at 3:25 pm

It didn’t take long after the U.S. and China announced a historic agreement to cut greenhouse gas emissions on Wednesday for the reactions to start pouring in. Democrats and climate hawks praised the deal as an important step forward in the battle against sea level rise, habitat degradation, and extreme weather. Republican leaders deemed it an economic disaster, a continuation of the so-called “war on coal.”

Policymakers aside, however, it is also important to note the reactions of the people who actually measure climate change and predict how it will impact humans in the future. What do they think about the deal? Is it enough to make a real difference in the fight against catastrophic global warming?

For the climate scientists ThinkProgress asked on Wednesday, the answer was a resounding yes, with a side of caution. Scientists confirmed that the announcement, which has China agreeing to cap its emissions by 2030 and the U.S. committing to a 26 percent reduction in carbon emissions by 2025, represented a huge first step toward building the kind of political cooperation needed to effectively combat a global problem.

“My take is that this is an historic agreement for a number of reasons, not the least of which is that we now have a good faith effort on the part of the planet’s two leading carbon emitters to work together to lower planet-warming greenhouse gas emissions,” said Michael Mann, director of the Earth System Science Center at Pennsylvania State University.

One of the main Republican-driven arguments against policies that fight climate change has been the mere fact that global warming is global — it can’t be solved by one country alone. The argument has manifested itself many times in our political discourse: Why should the U.S. implement climate policies if China isn’t doing it too? Why should the U.S. do anything if it’s not actually going to make a difference?

The argument is “very weak substantively” — China is still developing, while the U.S. is already developed — but it has been effective politically in preventing climate action in the United States, according to Paul Higgins, a climatologist and Director of the American Meteorological Society’s Policy Program. Now that Obama has sealed cooperation with China, Higgins said, that argument is essentially moot.

Read more at ThinkProgress.org


U.S.-China pact is an accord the planet needed
By Eugene Robinson, Opinion writer, November 13, 2014

The minute we glimpse a flicker of hope in the fight against climate change, Republicans in Congress announce their intention to snuff it out. Fortunately for the planet, it seems they can’t.

This week’s stunning announcement of a long-range agreement between the Obama administration and the Chinese government over carbon emissions is the best environmental news in years. Not to sound grandiose, it means the world still has a chance to save itself from unmitigated disaster.

The significance of the accord, which was doggedly pursued by Secretary of State John Kerry, is not just that the world’s biggest emitters of greenhouse gases have agreed to take action. China’s ambitious target of generating 20 percent of its energy from sources other than fossil fuels by 2030 promises massive investment and innovation — a huge boost for clean-energy technologies, with impact worldwide.

Pay no attention to the “Yes, but” chorus. It is true that China could have committed to an earlier date for carbon emissions to level off and should have set interim targets. It is true that meeting the new U.S. goals will be no trivial undertaking. It is also true that the multiplying smokestacks of India, the third-largest emitter, will continue to spew heat-trapping carbon at an unfettered pace — for now.

These caveats are overshadowed by the fact that the U.S.-China agreement has the impact of a defibrillator upon U.N.-sponsored international negotiations for a global climate treaty, which have been sputtering for years and were on the verge of flat-lining. The deal makes irrelevant the argument that the whole endeavor is pointless unless the world’s two biggest emitters — together responsible for about 40 percent of the carbon being pumped into the atmosphere — are willing to commit themselves.

That argument has also been used domestically by foes of President Obama’s science-based climate policy. But if you expected Tuesday’s earthshaking announcement to change the hyper-partisan U.S. debate, well, you don’t know much about today’s Republican Party.

Read more at WashingtonPost.com


Racing to the Top with China
By Michael Brune, Exec. Director, Sierra Club
November 12, 2014

What a difference a week makes. This morning we awoke to the news that President Obama and Secretary of State Kerry have negotiated a historic joint announcement on climate change and clean energy cooperation. Coming from the world's two largest economies and two biggest carbon emitters, the new targets set by President Obama and President Xi Jinping have put the international community on notice: It's time to put up or shut up.

Three major, overarching goals were announced: 
  •     The U.S. will cut its net greenhouse gas emissions to between 26 and 28 percent below 2005 levels by 2025.
  •     China will attempt to peak its CO2 emissions by 2030 (and possibly sooner).
  •     Also by 2030, China will increase the share of non-fossil fuel energy it uses to around 20 percent.
China's pledge to cap its emissions is momentous -- and should compel India and other developing nations to set their own ambitious targets. But the game changer in this announcement -- and an under-reported one at that -- is China's goal of producing 20 percent of its electricity from carbon-free sources by the end of the next decade. To accomplish that, China will need to install 800 to 1,000 gigawatts of energy with zero emissions by 2030 -- an amount almost equal to current total U.S. electricity generating capacity.

Such rapid clean-energy growth will accelerate a positive feedback loop. As China drives toward its goal, clean energy prices will continue to drop. Solar and wind are cheaper than fossil fuels in many places already; as prices plummet even further, the transition from dirty fuels will pick up speed, helping China, the U.S., and other countries meet and exceed their climate targets and save money in the process.

Read more at the Sierra Club Newsletter



Adam Zyglis, The Buffalo News


Weak climate change deal with China is at least a start toward averting disaster
EDITORIAL - The Buffalo News
on November 15, 2014 - 12:01 AM

The United States and China struck what may be a significant agreement this week on reducing emissions that are heating the Earth to dangerous levels.

Or they may have painted a pretty face on what is an otherwise very ugly canvas, hoping no one will notice.

The truth is today uncertain, but this much is fact: The two adversaries, which together produce about 45 percent of the world’s emissions of greenhouse gases, made a start on what is undoubtedly the single biggest environmental challenge of the 21st century. In that, alone, this counts as a significant step.

That is true even if the agreement has more loopholes than all of Albany’s ethics laws put together. It’s true because it counts as a start and it should lead to more significant action down the road. It may lead to nothing, it is true, but without a start – and one that includes the two most conspicuous polluters – nothing is all that is guaranteed.

Read more at BuffaloNews.com

Sunday, January 24, 2010

In the NEWS

Lancaster ecology firm sets stage for rewards from ‘green economy’
Kevin Neumaier sees nothing but opportunity in the budding “green economy,” but the president of Ecology & Environment also says the Lancaster environmental services firm may have to wait a little while to reap its full rewards.

Between rising interest in wind-energy projects, efforts to reduce carbon dioxide emissions and a push to make buildings more energy-efficient and environmentally friendly, Neumaier believes that E&E will have plenty of chances to find work in the coming years.

Neumaier believes that some of that growth will come from efforts to reduce carbon dioxide emissions, easing one of the main causes of global warming. That could lead to increased spending on renewable energy projects, such as wind farms, as an alternative to power plants that run on fossil fuels, such as coal and natural gas.


E&E already is working on dozens of wind projects, which has led to E&E’s wind project revenues to jump from almost nothing in 2004 to nearly $8 million last year. Neumaier believes that offshore wind farms will be a fast-growing part of that business in the coming years, despite questions about the affordability of electricity generated by those projects.


E&E also expects more work from efforts to make buildings greener. The company this week was named by the General Services Administration as one of 18 contractors nationally to work on efforts to make federal buildings more energy-efficient and environmentally friendly. While it’s not clear how much work that will bring E&E, company officials said that it could average about $5 million to $7 million a year over the next few years.
Read the report by David Robinson in The Buffalo News.


Montante, Chinese sign solar power deal

An industrial park under development in the Town of Tonawanda has been rebranded as New York’s first “solar ready” commercial development, as its owners Monday celebrated the signing of a deal expected to bring Chinese know-how and investment to the site.

Leaders of TM Montante Development, the owners of the newly renamed Riverview Solar Technology Park, and the Shanghai New Energy Industry Association held a ceremonial signing of a memorandum of understanding Monday morning at the offices of the Buffalo Niagara Partnership in downtown Buffalo.


The text of the memo was not made public, but it was described by leaders of both parties as a promise and plan to link the renewable energy industries of China, where 35 percent of the world’s solar energy modules are made, and Western New York, where solar and other renewable energy sources are seen as an environmentally responsible route to economic renewal.


State economic development officials announced recently that the state had awarded a $1 million grant to the Town of Tonawanda for its Riverwalk East Park Connector project to build roads and utility services for the Montante project and for the town-owned North Youngmann Commerce Center nearby.
Read the report by George Pyle in The Buffalo News.


Senate, House panels approve `net metering' bills
A bill aimed at utility customers who install renewable power sources such as wind turbines is seriously flawed and would hurt Indiana's renewable energy movement, clean energy advocates told a state Senate committee Thursday.

The bill would expand the number of customers who can send excess power from wind, solar and other renewable energy systems back into the electric grid - an option currently limited to schools and homeowners.

But before the Senate Utilities and Technology Committee approved the bill 8-3 and sent it to the full Senate, it endorsed changes that drew strong criticism from supporters of efforts to expand Indiana's "net metering" rules.

The amended bill bars customers generating more than 10 kilowatts from carrying over excess power credit on to future bills. "You will kill net metering if you do not allow customers to roll over credit," said Laura Arnold, president of Indiana Distributed Energy Advocates.

Read the AP report in The Buffalo News.