China

China announces national carbon market aimed at addressing climate change

China plans to roll out the world’s largest carbon market in 2016, according to a senior official with the country’s National Development and Reform Commission (NDRC). The announcement, which follows the completion of the country’s ...

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Bleak future for coal as India embraces renewables

According to an unconfirmed report, India is planning to dramatically scale up its deployment of wind energy to 10,000MW annually – a five-fold increase on existing plans. As India is already the world’s fifth largest producer...

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China’s use of coal falls for the first time this century

For the first time this century, China’s coal use has started to fall, even as the country’s GDP continues to rise. According to a recent analysis, the growth of imports ground almost to a halt, while domestic coal production droppe...

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Coal to be “forbidden” from Forbidden city by 2020

China announced its latest step in the “war on pollution” this week, with Beijing Municipal Environmental Protection Bureau official declaring a ban on coal power and the sale of coal in Beijing by the end of 2020, due to its acute ...

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Chinese coal industry clings to false hope with coal-to-gas technology

The coal industry’s zombie shuffle to the grave is continuing, with a new report from China showing that 70 percent of its coal mining companies are facing losses. The outlook is even worse, with investors being warned that the risk...

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Canada earns failing grade in climate progress report

While many of the world’s major economies are attempting to mitigate climate change, Canada is tailing behind, according to a recent report. Despite committing to reducing emissions by 17 per cent below 2005 levels, The Star reports...

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New US-China climate deal fuels hopes of bolder international agreements

The world’s two largest emitters of dangerous carbon pollution are committing to reduce their emissions and work more closely to fight climate change. On Tuesday, representatives from the United States and China signed eight partner...

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Billions in coal investments at risk as China’s appetite for coal wanes: Report

International coal exporters have again been warned that betting on China’s “insatiable demand” could leave them with stranded assets and wasted capital, with a new report predicting that slowing thermal coal demand in China will se...

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China and US lead momentum on global climate deal

China and the US have begun a new phase of talks aimed at curbing their carbon dioxide emissions, according to press reports. The move has been heralded by observers as the most promising development in nearly 20 years of global cli...

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EU and China promise “significant” domestic climate action

EU and Chinese leaders pledged to make “significant cuts in greenhouse gas emissions through credible and verifiable domestic action,” during a meeting in Brussels today. Chinese President Xi Jinping, European Commission President J...

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Australian Government sticks head in increasingly hot sand on climate change

According to a new report from the Climate Council, heatwaves are not only getting hotter, longer and more frequent, but Australian cities such as Adelaide, Canberra and Melbourne are already experiencing an increase in heat extreme...

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China’s slumping demand highlights grim future for Australian coal

Question marks over the future of fossil fuel projects are looming larger this week, as new research from the University of Oxford’s Stranded Assets Programme shows that sagging demand from China is likely to turn recently approved ...

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Europe to miss out as wind power triples by 2030

The world’s 3rd largest wind turbine producer, Siemens, expects the global wind power market to “more than quadruple” by 2030, driven by massive growth in Asia. A new report from Bloomberg corroborates this, projecting that renewabl...

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Investments in Australia’s coal reserves worthless in light of global action on climate change

Two new reports released today, one from Australia’s Climate Commission and the other a joint report from Australia’s Climate Institute and the Carbon Tracker Initiative, show that the investments in Australian coal mining and expor...

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Climate announcement from China and U.S. raises expectations for action

Expectations for action on climate change are significantly higher after the United States and China announced the formation of a new Climate Change Working Group dedicated to combating the issue. U.S. Secretary of State John Kerry ...

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Aviation emissions cap receives support amidst ongoing international debate

The European Transport Commissioner spoke out yesterday, in strong support of the of the EU’s ambitious cap on aviation emissions during an air-show in Beijing. It is another example of firm leadership over this divisive first attem...

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