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  • April 19, 2014
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  1. News - World - ENVIRONMENT

    UN climate chief urges ‘bold’ steps to curb carbon emissions

    Posted Apr 13th 2014, 07:02pm by Agence France-Presse in Berlin

    ... on Sunday called on governments to take bold steps to tame carbon emissions after a landmark report said the worldwide aim to limit global warming was still attainable. “The world can still combat climate change but only if nations raise their collective ambition to achieve a carbon-neutral world in the second half of the century,” said Christiana Figueres, executive secretary of the UN ...

    http://www.scmp.com/news/world/article/1480898/un-climate-chief-urges-bold-steps-curb-carbon-emissions
  2. News - China

    Hubei plans province’s first carbon auction next month

    Posted Feb 11th 2014, 09:42pm by Reuters

    ... Reuters in Beijing Government to hand out 90 per cent, or 270 million, permits to emitters for free Hubei province will auction up to two million carbon permits at a government-set minimum price next month to kick-start the nation’s sixth pilot emissions trading scheme (ETS). Hubei’s carbon market will be only the second to sell a share of the permits. In most of the other trial ...

    http://www.scmp.com/news/china/article/1426184/hubei-plans-provinces-first-carbon-auction-next-month
  3. News - World - ENVIRONMENT

    Rising carbon dioxide in oceans makes fish lose fear of predators, scientists say

    Posted Apr 14th 2014, 10:03pm by GDN

    ... The Guardian Why fish are losing fear of predators Escalating carbon dioxide emissions will cause fish to lose their fear of predators, potentially damaging the entire marine food chain, ... raising potentially worrying possibilities in a scenario of rising carbon emissions. More than 90 per cent of the excess CO 2 in the atmosphere is soaked up by the oceans. When CO 2 is dissolved ...

    http://www.scmp.com/news/world/article/1482401/rising-carbon-dioxide-oceans-makes-fish-lose-fear-predators-scientists
  4. Comment - Insight & Opinion

    For China, benefits of carbon tax far outweigh the costs

    Posted Nov 11th 2013, 07:00pm by FREDERIC NEUMANN, WAI-SHIN CHAN

    ... Frederic Neumann and Wai-Shin Chan Frederic Neumann and Wai-Shin Chan say a carbon tax would not only be good for China's environment, but would bring the economy the benefits ... and deregulation are high on the wish list of investors and reformers alike. But there is an equally important, if less talked about, potential initiative: a carbon tax. With China recently topping the US ...

    http://www.scmp.com/comment/insight-opinion/article/1353521/china-benefits-carbon-tax-far-outweigh-costs
  5. Business - Commodities

    China may have 1,000 tonnes of gold in financing deals

    Posted Apr 15th 2014, 03:43pm by Reuters

    ... Reuters in Singapore China may have 1,000 tonnes of gold in finance deals Chinese firms could have locked up as much as 1,000 tonnes of gold in financing deals, an industry report said, indicating a big slice of imports has been used to raise funds due to tight credit conditions, rather than to meet consumer demand. The financing-related buying by the world's biggest bullion ...

    http://www.scmp.com/business/commodities/article/1482889/chinas-demand-gold-rise-25-cent-next-four-years
  6. Property - Hong Kong & China - FINANCING

    Developers offer buyers financing to get around banks’ loan-to-value curbs

    Posted Apr 15th 2014, 03:22pm by Sandy Li

    ... have gradually been increasing the size of second mortgages through finance companies to 40 per cent this year from 20 per cent, as competition for buyers intensifies. Sun Hung Kai Properties, ... of deals declined 56 per cent year on year to HK$22 billion. The HKMA said it noted recent market developments in respect of residential mortgage financing. "Homebuyers who look for mortgage ...

    http://www.scmp.com/property/hong-kong-china/article/1482107/developers-offer-buyers-financing-get-around-banks-loan
  7. Business - Economy - ECONOMY

    Top finance officials confident world has turned corner

    Posted Apr 14th 2014, 05:07am by AP

    ... Associated Press in Washington IMF policy-setting panel says foundations are strengthening for balanced, job-rich growth Finance officials confident world has turned corner The world's top finance officials expressed confidence that the global economy finally has turned the corner to stronger growth. This time, they may be right. Despite challenges that include market ...

    http://www.scmp.com/business/economy/article/1481108/top-finance-officials-confident-world-has-turned-corner
  8. Comment - Insight & Opinion

    No clear benefit for Hong Kong from mainland China's carbon trading scheme

    Posted Aug 27th 2013, 12:00am by MARTIN ADAMS

    ... reasons to be pessimistic about carbon finance's future in China. Yet, top leaders know that they must deal with pollution. Inevitably, China's carbon-trading regimes will hit hurdles. ... Martin Adams Martin Adams considers obstacles China must overcome to cut emissions No clear benefit for HK from mainland carbon trading plan Buses, lorries and ships: Hong Kong can do much ...

    http://www.scmp.com/comment/insight-opinion/article/1299514/no-clear-benefit-hong-kong-mainland-chinas-carbon-trading
  9. News - Hong Kong - ENERGY

    Hong Kong plans to get mainland electricity without counting cost in carbon emissions

    Posted Mar 20th 2014, 03:59am by CHEUNG CHI-FAI, Ernest Kao

    ... Cheung Chi-fai and Ernest Kao Power to HK, without the carbon nuisance As the city ponders drawing a third of its electricity from the mainland power grid, it also plans to disassociate itself from the resulting carbon emissions, environmental authorities say. Carbon emissions related to the imported electricity would be left out of the city's emissions count, ...

    http://www.scmp.com/news/hong-kong/article/1452642/hong-kong-plans-get-mainland-electricity-without-counting-cost-carbon
  10. News - Hong Kong - POLITICS

    Finance chief warns lengthy budget filibuster will harm public services

    Posted Apr 09th 2014, 12:53pm by FANNY W.Y. FUNG, Tanna Chong

    ... Fanny W.Y. Fung and Tanna Chong Tsang issues warning on budget protest Public services may eventually be affected if an expected filibuster of the budget lasts too long, Financial Secretary John Tsang Chun-wah warned yesterday as the Legislative Council b ...

    http://www.scmp.com/news/hong-kong/article/1471150/finance-chief-warns-lengthy-budget-filibuster-will-harm-public

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