Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, May 24, 2012

China Energy Update 5/24


China to spend $27 billion on emission cuts, renewables
Reuters
By Wan Xu and Don Durfee | BEIJING (Reuters) - China's central government plans to spend 170 billion yuan ($27 billion) this year to promote energy conservation, emission reductions and renewable energy, the Ministry of Finance said in a statement on ...

China rules US clean energy support improper
The Seattle Times
China's Commerce Ministry issued a ruling Thursday that US government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power. By JOE McDONALD AP Business Writer No comments have ...

China: US breaks clean-energy trade rules
MarketWatch
By Wayne Ma and Sarah Chen BEIJING (MarketWatch) — China's Ministry of Commerce said Thursday that a months-long investigation had revealed that US support for six clean energy projects violated World Trade Organization rules and acted as barriers to ...

China rules US support for group of solar, wind energy projects violates trade ...
Washington Post
BEIJING — China's Commerce Ministry issued a ruling Thursday that US government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power. The United States and China, the world's ...

China Integrated Energy Inc. Completes Independent Investigation
MarketWatch (press release)
XI'AN, China, May 24, 2012 /PRNewswire via COMTEX/ -- China Integrated Energy, Inc. (otc pink:CBEH) ("China Integrated Energy" or the "Company"), a leading non-state-owned integrated energy company in the People's Republic of China, today announced the ...
RPT-UPDATE 8-Oil up over 1 pct on Iran talks snag, eyes weak data
Reuters
* Investors worry about complication in Iran talks * China factories falter in May, official data shows * German manufacturing shrinks at fastest rate for 3 years * US durable goods data up less than expected By Gene Ramos NEW YORK, May 24 (Reuters) ...

Oil climbs above $106 as Iran talks stall
CNBC.com
... from China and Europe. Iran accused world powers on Thursday of creating "a difficult atmosphere" that hindered negotiations on its atomic energy program, signaling a snag in diplomacy to defuse fears of an Iranian attempt to develop nuclear bombs.

Suntech says Europe could deal lethal blow
Reuters
We have noticed that, and have made preparations for that," said Miao Liansheng, chairman and CEO of Yingli Green Energy, one of China's largest solar equipment makers. Yingli, whose shares have fallen nearly 75 percent in New York in the past year, ...

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