Michele Kearney's Nuclear Wire

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

Sunday, September 9, 2012

China Energy Update 9/8


China rolls out new $2.2 bln subsidy scheme-Xinhua
Reuters
BEIJING, Sept 9 (Reuters) - China will provide subsidies worth $2.2 billion to buyers of energy-efficient computers and air-conditioners in the latest effort to stimulate domestic demand and encourage the use of environmentally friendly technology ...
China to subsidise energy-saving products like desktops, air conditioners
Economic Times
BEIJING: China will subsidise use of energy-saving desktop computers and air-conditioners in its latest effort to boost domestic demand and conserve electricity, the government said today. The country will earmark 14 billion yuan ($2.22 billion) in ...
China's Next Act
Wall Street Pit
One example of how China will be engaging the world in its future growth is through its current energy policies. While 70 percent of the country's energy consumption is coal, oil is the second source of energy, at nearly 20 percent of total energy ...

Wall Street Pit
China's rise isn't squeezing Europe as much as you'd think
Washington Post (blog)
President Obama bragged that his administration had “stood up to China on behalf of our workers” and railed against education cuts that make it harder to “compete with the scientists and engineers coming out of China.” Mitt Romney attacked Obama's ...
China's green industry expands in the west to offset slowing profits at home
The Guardian
China's green energy industry has long been seen as a world-beater. But domestic pressures are mounting on its renewables firms as growth slows; and analysts are warning that Chinese companies could respond by accelerating their expansion overseas, ...

The Guardian
BAY STREET-Picking the next Nexen is a risky game
Reuters
CALGARY, Alberta, Sept 9 (Reuters) - A few Canadian energy companies have China to thank for pushing up their shares this summer even as oil and gas prices languished. Its state-owned enterprises have racked up more than C$25 billion ($25.59 billion) ...
China pushes wind power, but no quick payoff for producers
Reuters Africa
HONG KONG, Sept 10 (Reuters) - China will order its dominant electricity distributors to source up to 15 percent of their power from renewable energy including wind, but slow compliance means it may be years before the country's struggling wind power ...
This War is Shaking Up Solar Energy Stocks
Wall St. Cheat Sheet
If the Commission discovers that Chinese solar companies have been selling panels below market value, it could impose tariffs on the solar equipment China exports to the European Union. That would be bad news for companies such as Yingli Green Energy ...

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