The decision on whether to build an oil pipeline from Russia to Northeast China will be delayed further after Russia's energy minister announced that Japan had offered US$7 billion in loans and investments to persuade Russia to build an alternative pipeline. In what has been seen as a possible bargaining ploy, Russia has said it […]
Category: Energy & Environment
China's independent power producers have been hit by higher than anticipated environmental protection costs. An environmental protection policy, which took effect on July 1, requires power producers to pay pollution discharge fees on pollutants such as sulfur and nitrogen oxide above a certain threshold. The policy is part of government efforts to curb the impact […]
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Sino-American Methane JV
China United Coalbed Methane Corp and Gladstone Power Energy Corporation USA Holdings signed a production sharing agreement for the exploration of coalbed methane (CBM) in Huangshi, Hubei province. The CBM deposits of the 304-sq km contracted block are estimated at five billion cubic meters, with coal resources estimated at 220 million tons. Under the 30-year […]
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Crackdown On Coal Emissions
The Chinese government ordered coal-fired power plants in major cities to implement emission controls to decrease the release of sulfur dioxide this week. The requirements apply to plants in Beijing, Shanghai and 21 other cities. The cities that are subject to the new requirement represent 60% of China's total sulfur dioxide emissions from coal, vehicle […]
Shanghai released its three-year environmental report saying the city will invest more than 3 percent of its GDP on environmental protection. The plan involves nearly 200 projects and covers water and air pollution and the planting of trees and grass.