Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
Search
Related Articles
China’s emissions trading scheme lacks bite
Overly generous allowance allocations and low prices blunt impact of world’s largest cap-and-trade scheme in its first 18 months
Europe urged to fight US for low-carbon investment
Continent should match US policies such as the Inflation Reduction Act to attract capital for net-zero push, says former vice-president Al Gore
CCS to gain momentum in 2023 – ING
US takes lead in emerging sector as enhanced policy support drives growth
Coal use increases, but investment lags
High levels of demand are not translating into greenfield investments due to climate policies
US backs DAC with $3.5bn hub fund
Department of Energy launches programme to support development of four regional demonstration hubs for direct air capture at commercial scale
Countries must stop coal approvals to reach net zero – IEA
Transition is complicated in countries with high coal dependency because of remaining lifetimes of plants and expense of gas
EU agrees to loss-and-damage fund
The bloc makes negotiating concession as it looks to tie loss-and-damage fund to mitigation
China ETS requires power market reform
Policymakers’ ongoing preference for regulated power tariffs over market-based pricing is one of key problems China needs to address
US to issue further methane regulation
EPA says new rules will reduce an estimated 36mn t of methane emissions between 2023-35
EU CBAM will have ‘coercive effect’
Scheme will punish other trading blocs that do not have a carbon price of a similar level, industry seminar hears
Xie Zhenhua, China's climate envoy
China US Methane Coal Cop26
Polly Martin
11 November 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

US and China to cooperate on enhancing climate action

Joint declaration to tackle CO₂ and methane emissions, with China pledging to reduce coal consumption

The US and China have released a joint declaration at Cop26 announcing their intention to cooperate on “enhancing climate action” throughout the 2020s. “Both sides recognise that there is a gap between the current effort and the Paris Agreement goals, so we will jointly strengthen climate action and cooperation, with respect to our respective national situations and circumstances, to accelerate the green and low-carbon transition,” China’s climate envoy, Xie Zhenhua, said at a press conference on Wednesday evening. “This declaration includes strong statements about the alarming science, the emissions gap and the urgent need to accelerate action to close that gap. This is critical—we all have

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Core carbon principles could boost voluntary market
30 January 2023
Integrity Council for the Voluntary Carbon Market to launch finalised Core Carbon Principles for credit programmes and projects, the body’s chair tells Carbon Economist
CCUS expansion gaining momentum – IDTechex
30 January 2023
Capacity will reach 1.8gt/yr of CO₂ by 2043, according to modelling by research agency
Abu Dhabi steps on the emissions-reduction accelerator
27 January 2023
State-owned energy companies are intensifying efforts to decarbonise the emirate’s crude oil production and carve out a leading role in the nascent global hydrogen trade
Japanese heavyweights get behind CCS
26 January 2023
Nippon Steel and Mitsubishi among a slew of major Japanese companies launching CCS initiatives as government sets out long-term roadmap

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Carbon Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search