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China and climate change
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  • France is Xpeng’s tenth European market and comes after launches in Spain and Portugal last month
  • The company will market the G9 and G6 premium battery-powered SUVs and will also set up a sales and service network with local distributors
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A ChatGPT-led boom in artificial intelligence is expected to fuel an exponential growth in demand for liquid cooling technology from data centre operators, according to Macquarie Capital.

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A carbon trading system that promotes tighter supply and higher prices can induce China’s cement makers to undertake costly investment, Ian Riley of World Cement Association says.

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The International Chamber of Sustainable Development will also expand the accredited planner course, which more than 3,000 people have completed in Hong Kong, to Southeast Asia and the Middle East.

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Researchers say reduced aerosol emissions in China have led to rising sea temperatures and extreme weather in Northeast Pacific, from Alaska to California, affecting biodiversity and causing toxic algae blooms and drought.

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Two Chinese firms withdraw bids for Romanian photovoltaic park contracts after Brussels opens investigations under its foreign subsidies regulation.

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News of the summit, slated to take place during the UN’s top climate conference, shared after the two sides’ new envoys met in Washington for talks.

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Hong Kong-based private equity firm and BP Ventures to invest US$10 million each in the latest funding round, helping Hysata to scale up its green hydrogen facilities in New South Wales.

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Bilateral working group sessions meant to build on agreements reached last year and restore top-level engagement as pledged at Xi-Biden summit.

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Relaxed mountain setting chosen so Chinese leader Xi Jinping and French counterpart Emmanuel Macron can speak frankly on myriad mutual grievances and grounds for cooperation.

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CK Infrastructure’s US$113.5 million purchase of UU Solar, its second acquisition of UK renewable-power assets in two weeks, includes 70 solar, wind and hydropower projects.

G7 ministers said on Tuesday that efforts to raise money to help poorer countries adapt to climate change should include countries “capable of contributing”, in a message aimed at China.

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Oil consumption in China’s transport sector will peak next year ‘at the latest’ as rapid adoption of electric vehicles (EVs) pulls the plug on petrol consumption, according to the nation’s largest oil and gas producer.

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‘Private firms are obviously looking at the torch that is potentially coming for themselves,’ when it comes to declaring emissions goals, says Net Zero Tracker project leader

Ten remain missing in hard-hit cities of Qingyuan and Shaoguan as rescuers race to save trapped residents after intense rain brings water levels above 50-year highs in parts of Bei River, a tributary of the Pearl River.

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Ampace is betting on a boom in home energy storage systems and the ‘batterification’ of tools and electronic devices as it aims to solidify an already dominant position in a part of the market away from electric cars and smartphones.

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Hong Kong think tank says annual water use by Chinese data facilities – almost half of which are in dry regions – could more than double by 2030, while AI chatbots ‘drink staggering amounts of water’ to cool themselves down.

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At the Harvard College China Forum, participants said existential threats such as global warming cannot be solved unless the two countries move beyond their mutual distrust.

China accounted for two-thirds of the coal-burning power capacity that came online last year, according to Global Energy Monitor, which ‘starkly contrasts with the global trend, putting China’s 2025 climate targets at risk’.

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There is a growing need for advanced climate modelling and risk-assessment analytics for better disaster preparedness, as well as planning to reduce risk, protect lives and promote resilience, according to Aon.

‘Excess capacity poses risks not only to American workers and firms and to the global economy, but also to productivity and growth in the Chinese economy,’ Yellen says.

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The nation’s largest oil and gas producer says it is on track to peak carbon emissions next year and double the contribution of low-carbon energy to its output capacity over two years, top leaders say.

An estimated US$50 billion pledged by China for infrastructure in Southeast Asia has yet to manifest in completed projects according to a recent study, raising questions over the efficacy of the country’s Belt and Road Initiative.

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A drought in China’s southwest has stoked fears the dry period could have severe knock-on effects, with agriculture, hydroelectric power and aluminium production all facing potential shortfalls.

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Government plans to establish a clear pathway on sustainability reporting for businesses in Hong Kong this year, a move that is ‘essential’ to ‘reinforcing Hong Kong’s leading position on the international sustainable-finance map’, says financial services secretary.