Tagged With Shi Weijun
China ETS carbon prices rally to record highs
8 May 2024
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
China keeps a tight rein on voluntary credits
11 March 2024
Government keen to avoid oversupply issues that dogged previous iteration of voluntary carbon market
China reboots voluntary offset market
29 January 2024
Relaunch comes seven years after market was closed to new entrants because of low volumes and lack of standards
Multiple challenges hinder China CCUS expansion
15 December 2023
Greater collaboration with international developers could spur sector’s growth as it grapples with high costs and lack of effective business models, report says
China signals ETS expansion
29 November 2023
Preparations underway for inclusion of cement, aluminium and steel producers in world’s largest compliance market by 2030
China set to relaunch voluntary carbon market
26 October 2023
Government publishes new methodologies and regulation for offsets programme that was shelved in 2017
Corporate heavyweights back Japan’s CCS push
10 October 2023
Inpex and Mitsubishi Heavy Industries among participants in seven large-scale projects as government sets ambitious expansion targets
Taiwan joins Asian carbon trading push
26 September 2023
Newly launched Taiwan Carbon Solution Exchange is expected to enable companies to trade in both domestic and international credits
China bides its time on ETS extension
2 May 2023
Government may not broaden scope of world’s largest cap-and-trade scheme until 2024 or later
BP and CNPC explore Hainan CCUS project
21 March 2023
European oil major agrees to work with CNPC as Chinese state company seeks international partnerships to grow deployment of CCUS
China weighs response to EU carbon border tax
15 March 2023
CBAM expected to have significant long-term impact on trade with EU, warns speaker at country’s annual parliamentary session
China’s emissions trading scheme lacks bite
18 January 2023
Overly generous allowance allocations and low prices blunt impact of world’s largest cap-and-trade scheme in its first 18 months
China ETS requires power market reform
14 November 2022
Policymakers’ ongoing preference for regulated power tariffs over market-based pricing is one of key problems China needs to address
EU CBAM will have ‘coercive effect’
10 November 2022
Scheme will punish other trading blocs that do not have a carbon price of a similar level, industry seminar hears
Nuclear industry must be aware of conflict risk
7 October 2022
Countries that lack the ability to protect sites should think carefully about nuclear buildout
Geopolitical risks threaten transition
5 October 2022
Russia’s invasion of Ukraine has underscored how energy can be weaponised in times of conflict
Cnooc ramps up wind development
4 October 2022
Chinese state oil company following in footsteps of European counterparts as it looks to decarbonise its portfolio
CCUS gains traction in China after slow start
26 September 2022
Country’s largest energy and industrial companies take the lead in early development ahead of wider deployment of technology
Japan proposes revamp of offshore wind auction rules
1 July 2022
Draft amendments designed to encourage faster development as government frets over 2030 clean power goal
India solar scale-up must include storage
24 June 2022
Solar is the best option for India’s transition, but deployment of battery storage is needed to maximise its potential, industry figures tell event in New Delhi
Asian governments urged to back CCS
22 June 2022
European policies can be template for region as it looks to kickstart CCS development, speakers tell Asian Development Bank event
Energy price surge crimps Apac transition spending
17 June 2022
Increased state spending on fossil fuel subsidies has narrowed the scope for investment in renewables
EU firms ready to invest in Chinese transition
7 June 2022
European businesses have the technology to support China’s push for net zero, but policy uncertainty and red tape are hindering investment, says the EU Chamber of Commerce in China
Japan’s oil sector steps up interest in CCS
4 May 2022
Companies urge government to finalise carbon-capture roadmap and legal frameworks
China approves three new nuclear plants
29 April 2022
China’s nuclear power fleet is expected to overtake the US as the world’s largest by the end of this decade
China’s Longi faces higher power tariffs
8 April 2022
World’s largest solar panel manufacturer hit as Yunnan province withdraws preferential tariffs
Transition aid to developing countries must accelerate
4 April 2022
Financial pledges need to be substantially larger to have an impact, Indian policy expert says
Russia crisis will accelerate transition
31 March 2022
Short-term increases in fossil fuel use will give way to an accelerated deployment of renewables
Chinese ETS faces data issues
29 March 2022
Data quality and integrity must improve if world’s largest emissions trading system is to be effective in helping China achieve carbon targets, speakers tell event in Shanghai
Ukraine crisis muddies waters for clean shipping
21 March 2022
The industry is reviewing the near-term risk of switching to new fuels as LNG prices surge amid Russia’s war in Ukraine, conference speakers warn
Transition metals risk supply crunch in 2030s
7 March 2022
Underinvestment and lengthening lead times for mining projects are hampering supply growth needed to meet demand, Wood Mackenzie says
South Korea’s Moon backs nuclear power
4 March 2022
Outgoing president reverses anti-nuclear stance amid supply concerns following invasion of Ukraine
China sets out energy storage development plan
24 February 2022
Government calls for commercialisation of diverse technologies and deployment at scale by middle of decade as renewables proliferate
China sees sharp rise in green bonds
22 February 2022
Issuance more than doubled in 2021 but remains well below level needed to finance the country’s transition
Limited offerings hamper US commercial EV market
14 February 2022
Small number of commercial EV models offered by auto sector has weighed on adoption, conference speakers say
Surging US EV sales defy tax credit uncertainty
11 February 2022
Investment in grid infrastructure must keep pace with growing EV fleet, conference delegates say
Green shipping premium raises cost questions
10 February 2022
Pace of transition to clean fuels will depend on stakeholders’ readiness to pay green premium, conference speakers say
Sustainable aviation fuels face headwinds
9 February 2022
Limited financing and competition for feedstocks among challenges for fuel, which can be dropped in without need for retrofits, aviation sector executives say
Jinkosolar valuation soars on Chinese market debut
31 January 2022
Solar panel manufacturer’s bullish Shanghai listing reflects Chinese investors’ growing confidence in renewables sector
China targets commercial fleets in new green transport plan
28 January 2022
Five-year plan calls for more NEV deployment in fleets of urban buses, taxis and logistics vehicles by 2025
China set to start up megaton CCUS project
20 January 2022
The development is aimed at providing enhanced oil recovery for Shandong’s Shengli oilfield
China’s green finance boom lacks ESG data
17 January 2022
Regulators demand greater ESG disclosure as China’s emissions goals drive acceleration of green financing
China EV demand set for strong growth in 2022
13 January 2022
Sales could double despite phased withdrawal of government subsidies
Overcapacity looms in China’s solar PV sector
11 January 2022
Government net-zero targets drive investment in solar panel production by new entrants and existing players, UBS analyst says
Carbon markets poised for rapid growth
13 December 2021
Surging prices signal arrival of emerging asset class, with voluntary market expected to grow exponentially over coming decades, conference speakers say
Red tape slows Southeast Asia’s renewables growth
9 December 2021
Pace of deployment to leave Indonesia and the Philippines heavily reliant on coal through end of decade, analysts say
Global finance must deliver on Cop26 pledges
9 December 2021
Private sector needs to translate ambitious promises into real action, finance experts say
Module price surge wrongfoots Chinese solar firms
2 December 2021
Solar module prices up 28pc this year on the back of soaring feedstock costs, conference delegates say
Renewables pairing drives China energy storage growth
2 December 2021
Mid-decade storage target within reach despite challenging business model, conference delegates say
New shipping fuels need lifecycle emissions analysis
19 November 2021
IMO developing well-to-wake methodology amid calls for robust assessment of clean fuels’ green credentials, conference speakers say
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