China’s carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China’s emissions, the world cannot win the fight against climate change. China’s President Xi Jinping has said his country will aim for its emissions to reach their highest point before 2030 and for carbon neutrality to be achieved by 2060. President Xi has not said how China will achieve this extremely ambitious goal.
BBC 9th Aug 2021 read more »
China started this week construction work on a new US$17-billion nuclear power plant project, for which it will install Russian nuclear reactors at the Xudabao project in northeastern China, World Nuclear News reports. The Xudabao 3 unit is the first of four units at the plant to see the beginning of construction. Russia’s Rosatom will design the nuclear island and will provide equipment. The Russian firm will also provide commissioning services for the equipment it will have supplied. The Russians will also provide the construction and equipment for the Xudabao 4 unit, whose construction is expected to begin in 2022. The two units are currently expected to be commissioned in 2027 or 2028.
Oil Price 6th Aug 2021 read more »