In September, President Hu Jintao announced that China will seek to reduce its carbon emissions per unit of GDP, or carbon intensity, by a “noticeable margin” (see previous post “China’s Carbon Intensity Plans and its Impacts on Climate Progress“). The world has been waiting with bated breath to learn just how noticeable this margin [...]
There have been mixed messages lately about whether China will soon adopt a carbon emissions trading scheme. On the eve of President Hu Jintao’s speech at the UN Climate Summit in New York last month, Times Online ran a sensationally misleading story suggesting that China would adopt a carbon emissions trading scheme that would [...]
China’s energy intensity was down 2.9% in the first quarter of this year, reports the National Bureau of Statistics. The decrease is based on a 6.1% growth in GDP measured against a 3.04% increase in energy consumption. So remember this–despite and increased movement towards “decoupling”, energy consumption still rises as long as GDP rises. Power [...]
External costs (i.e. cost not accounted for in the price tag, such as environmental, public health and other social costs) of coal in China totaled RMB 1.7 trillion (about US$250 billion) in 2007, equivalent to 7.1% of China’s 2007 GDP, according to a landmark report commissioned by Greenpeace, Energy Foundation and World Wildlife Fund released [...]
