Coal power plants picked up the slack for hydroelectric plants in Sichuan province during a summer 2022 drought, but they also consumed enough water for 1.2 million people every day, analysts say.
New-energy vehicle sales will maintain their strong growth in China as more motorists ditch their petrol cars in favour of an expanding range of electric options, Fitch Ratings predicts.
Most of China’s top carmakers neither have plans in place to phase out conventional vehicles nor a detailed timetable for their net-zero targets, Greenpeace says.
Decarbonisation targets could be hard to attain unless China achieves slower growth in energy demand, according to a new report from the Centre for Research on Energy and Clean Air.
China’s approach to produce hydrogen from coal will help to boost supply of the clean fuel, but it is detrimental to the country’s long-term decarbonisation goal, climate experts say.
Environmentally friendly innovations are bubbling up in China’s fashion industry, such as a synthetic leather made from beer-brewing waste. But insiders call for more coordination to ensure progress toward climate-change targets.
China and other developing and emerging economies face the most challenges in transitioning away from coal due to their high coal dependencies, according to the IEA.
Heat wave-related deaths, climate-sensitive infectious diseases and other health issues caused by climate change are forcing insurance companies to recalibrate premiums and offerings.
China’s top climate diplomat called on wealthy nations to offer more support for developing countries that have the most to lose from climate change on the opening day of the environmental summit in Egypt.
Chinese electric vehicle makers are likely to account for up to 18 per cent of the market in Europe in the next three years, up from around 3 per cent now, Fitch Solution says.
The Chinese government has set out its aim to improve the standard-setting and measurement of environmental efforts to help ensure it can meet its carbon neutrality goals on time.
Bourse operator Hong Kong Exchanges and Clearing (HKEX) has launched a trading platform for voluntary carbon credits as the city aims to bolster its role as an international carbon market.
‘I still genuinely hope that we will come together, and China and the United States will find the opportunity to do some work together,’ John Kerry says.
Opening up and market reforms will continue in China, assuring Hong Kong’s position as an open and independent international financial centre, Laura Cha Shih May-lung said on Wednesday.
China Resources Beer Holdings, maker of the world’s bestselling beer, Snow, is paying 12.3 billion yuan for a 55 per cent stake in a baijiu manufacturer based in Guizhou province, as the brewer seeks to diversify its alcoholic drinks portfolio.
Swire says the venture wants to create a world-class retail landmark, which will bolster Hainan’s standing as a regional tourist destination.
China must do more to redirect resources towards renewable energy projects, even if it has contributed to the world’s efforts to fight climate change by cancelling new coal power projects overseas, say analysts.
China is taking a cautious approach to balancing its carbon-neutral commitment against the need for energy security under an energy crisis globally and at home, according to climate analysts.
CATL has agreed with renewables developer Primergy to provide the batteries for Gemini, a giant solar energy storage facility under construction in Nevada.
China now lists the digital-infrastructure sector alongside traditional heavy-emitting industries when it comes to decarbonisation, and companies in the space are responding to the push.
Authorities have summoned major solar producers and warned them to strengthen their self-discipline amid 10-year-high polysilicon prices that have sent shock waves through the supply chain.
China has signed a record number of long-term liquefied natural gas (LNG) contracts in the past two years, leaving the country’s gas supply more reliant on the US and Russia, a new report says.
Researchers at the Hong Kong University of Science & Technology claim to have found the formula to produce more powerful hydrogen fuel cells at lower cost.
China approved as much as US$33 billion for coal-based capacity in the first half of 2022 despite falling demand, complicating the path towards net-zero emissions, two climate non-profits say.
China’s push for environment, social and governance (ESG) financial market standards that emphasise the country’s ‘dual carbon’ and ‘common prosperity goals faces challenges.
He Xiaopeng, founder of Chinese smart EV maker Xpeng, bought 2.2 million of the firm’s American depositary shares, as its new SUV launch boosts confidence in its future.
China’s Ministry of Industry and Information Technology said it will accelerate the promotion of methanol vehicles, support the industry and explore new ways of aiding the development of a “methanol economy”.
More help is needed from the government to guide researchers and companies in the cultured meat sector, says Sebastian Joy, president of ProVeg, a non-profit organisation that raises food awareness.
Hong Kong and mainland Chinese companies in the textile and garment industry are trying to both burnish their image and do right by the environment by adopting more sustainable practices.
The production of testing kits, transport, testing and waste treatment all cause greenhouse gas emissions and air and water pollution, researchers said in a new study published in the Environmental Science & Technology journal last week.
