Saturday, May 26, 2012

China Energy News Update 5/26

Indian PM visiting Myanmar amid energy quest
Fox News
The visit underscores India's quest for energy supplies to fuel its economic boom and concerns about China's strong influence in Myanmar, where the elected — but military-backed — government is opening up its economy for investment and trade.
China complains to WTO about Massachusetts solar aid
Worcester Telegram
China's allegation that renewable-energy subsidies in five US states, including Massachusetts, violate free-trade rules is ratcheting up a potentially costly trade war between the world's two largest economies. China filed a complaint Friday at the ...
Oil slips to near $90 as growth prospects dim
CBS News
"Data for the world's most important commodity consumer, China, point to signs of slowdown," Citigroup said in a report. "Easing geopolitical concerns have also weakened bullish sentiment." In other energy trading, heating oil was down 0.3 cent at ...
China Invest $27 Billion to Cut Emissions
Energy Digital
After setting record high carbon emissions last year, China—the world's largest emitter of carbon dioxide to begin with—has announced plans to invest $27 billion this year to promote energy conservation, emission reductions and renewable energy.
China's solar energy industry protest against US anti-dumping ruling
REVE
Four of China's largest solar manufacturers - Suntech Power, Yingli Green Energy, Trina Solar and Canadian Solar - together with 17 other small and medium-sized solar companies, attended the conference. Leading US solar manufacturers and the country's ...
Oil holds near 2012 low
The Hour
AP Energy Writer The Hour Publishing Company | 0 comments AP NEW YORK -- The price of oil held near the lowest levels of the year on a quiet Friday ahead of the holiday weekend. Benchmark US crude on Friday added 20 cents to finish the week at $90.86 ...
2011 Greenhouse Gas Emissions Rise to Record Levels
SustainableBusiness.com
The world's greenhouse gas emissions rose to record levels in 2011 because China's jumped 9.3%, according to the International Energy Agency (IEA). In 2011, Emissions declined in the US and Europe but not enough to counter China's rise.
LDK Solar: US antidumping ruling to cause reshuffle in China's solar industry
People's Daily Online
China's Ministry of Commerce said Thursday that the United States provided its renewable energy companies with unfair government grants that are prohibited under World Trade Organization (WTO) rules. China lodged a trade complaint to the WTO on Friday ...

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