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  • November 27, 2014
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  1. Beijing allots 42b yuan for green projects, names polluting firms

    Posted Sep 06th 2008, 12:00am by Eric Ng

    ... Eric Ng Beijing has earmarked 41.8 billion yuan (HK$47.8 billion) to fund energy conservation and pollution reduction projects, stepping up a drive to boost its environmental credentials. ... energy conservation and pollution reduction targets, the State Council and related departments have recently come up with a string of measures to strengthen the initiatives' ...

  2. China gets tough with polluting power firms

    Posted Jan 29th 2005, 12:00am by Eric Ng

    ... cheaper for many producers to pay pollution fines than to install the equipment. China's 10th five-year plan (2001-2005) mandates installation of scrubbers at 137 coal-fired plants. About 30 ... and especially difficult to implement in low-income areas. 'Some provinces give a subsidy for the equipment on top of a tariff rise, and the power plants are given a rebate from the pollution ...

  3. Power producers' earnings outlook slashed

    Posted Jul 24th 2003, 12:00am by Eric Ng

    ... Analysts have cut their annual earnings forecasts on the three locally listed Chinese power companies by 0.15 to 5.6 per cent for this year to 2005, after Beijing raised pollution discharge fees. The State Environmental Bureau issued new rules on pollution discharge fees, which were applied to all power plants in the country since July 1. Before this month, pollution fees ...

  4. China to pace trade in carbon credits

    Posted May 23rd 2006, 12:00am by Eric Ng

    ... investors eager to pay mainland power plants and factories to reduce pollution in lieu of spending far more to cut emissions at home. Over the next six years, China is expected to become ... They include hydro, wind and biomass power generation as well as waste heat and gas recycling projects. Developers of registered projects that reduce pollution or produce clean energy earn so-called ...

  5. Beijing urged to end protectionism

    Posted Mar 07th 2005, 12:00am by Eric Ng

    ... fuel-hungry and polluting vehicles, said Yin Jiaxu, chairman of Sichuan province-based Changan Automobile (Group). In a proposal paper to be delivered in the National People's Congress, Mr Yin ...

  6. Cinderella industries await their prince

    Posted Oct 27th 2008, 12:00am by Eric Ng

    ... crunch have many investors fretting that the mainland's economic miracle is coming to an end. Yet, amid the gloom and doom, renewable energy, energy conservation and pollution control are being tipped to become the next wave of high-growth industries. China, the world's second-largest energy consumer and one of the most pollution-prone economies, has huge opportunities ...

  7. Mainland firms to increase emission reduction projects

    Posted Oct 02nd 2008, 12:00am by Eric Ng

    ... per cent of the global total. Developers of pollution-cutting projects earn so-called carbon credits that can be sold to polluters in countries with mandatory emission limits, primarily ... the country, together with China and India, which are among the world's largest polluters, will commit to some form of reduction after the protocol expires in 2012. However, Merrill Lynch director ...

  8. 3 firms link up to convert coal into chemicals

    Posted May 14th 2009, 12:00am by Eric Ng

    ... security and reduce pollution even while using fossil fuels. State-owned China National Coal, the parent of listed China Coal Energy, will have a 30 per cent stake in the project, while state-owned ... of pollution are said to be available, they have not been proven because commercial-scale production has yet to start. ...

  9. Smaller plants to shut in clean-up of power sector

    Posted Jun 20th 2006, 12:00am by Eric Ng

    ... Eric Ng The central government has ordered the closure of smaller power plants and given priority to energy-efficient and less-polluting plants in selling their output. The measures would ... equally among power plants within a distribution network regardless of their cost-competitiveness and pollution record. Analysts said the moves would have a relatively limited effect in reducing ...

  10. Steel giant to boost output amid demand at high-end

    Posted Mar 08th 2006, 12:00am by Eric Ng

    ... demand for high-end products. This is despite a target to shut 25 per cent of its capacity by 2010 to raise efficiency and cut pollution and raw material consumption. The company, formed last ... Beijing's aim of cutting energy consumption per unit of GDP by 20 per cent, major pollutants by 10 per cent and water consumption per unit of industrial value addition by 30 per cent in the next ...




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