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Posts in China

• Outrage as China Protects its Renewables Industry

  Andy Rowell

  Jul14

  It is meant to be a visit to talk about China’s commitment to tackling climate change, but on the sidelines is the thorny issue of China’s protectionist tactics to become the world leader in renewable energy. In many ways China has stolen a march on its rivals: The US and EU had the technology to…
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• 1/3 of China’s CO2 Emissions “Due to West”

  Andy Rowell

  Feb23

  One of the flawed arguments of the Bush Administration was that it could not act unilaterally on reducing CO2 emissions as it would put the American economy at a competitive disadvantage. It therefore could not act until China and India acted too. As China is the fastest growing source of carbon dioxide, much of the…
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• Iraq Signs $3bn Oil Deal With China

  Andy Rowell

  Aug29

  As the Western oil majors squabble with Iraq over technical contracts, they have been out-maneuvered by the Chinese in the greater race to sign the first significant contract with the war-torn country. The first major oil deal Iraq has signed since 2003 is not with BP or Shell but with China’s biggest oil company, state-run…
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• T. Boone to the Rescue…

  Andy Rowell

  Jul09

  After a meeting today of the G8 and leading developing countries, the two groups finally said they shared a “joint vision” for action on climate change. But the statement made no mention of any specific target for cutting emissions, and gave no baseline date from when the cuts might begin. Yesterday the G8 called for…
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• Chinese Residents “Stroll” Against Chemical Plant

  Andy Rowell

  May06

  More protests in China, but this time not about the Olympics or Tibet, but a petrochemical plant. Residents took to the streets of a provincial capital over the weekend to protest against the multibillion-dollar plant which is backed by China’s leading state-run oil company. The protest, against a $5.5 billion ethylene plant under construction by…
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• Chinese Buy Into BP

  Andy Rowell

  Apr16

  A Chinese government entity has acquired a sizable stake in BP, one of the world’s biggest oil and energy companies, for about $2 billion. The investment is the latest indication that China, flush with cash from its booming economy and its huge currency reserves, is becoming an increasingly important global investor and that it has…
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• China “Now Top Carbon Polluter”

  Andy Rowell

  Apr15

  It’s been a long time in coming, but China has overtaken the US as the world’s “biggest polluter” of carbon dioxide. According to a report to be published next month by a team from the University of California team, China’s greenhouse gas emissions have been underestimated, and probably passed those of the US in 2006-2007.

• China Signs Oil Deal with Iranian Company

  Andy Rowell

  Feb29

  Even as the United Nations maneuvers toward a vote on expanded sanctions against Iran – which Beijing has reportedly approved – China’s main offshore oil and gas company is reported to have signed a $16 billion deal to develop an Iranian gas field. In doing so, China is maintaining its position that it does not…
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• China Calls for Adherence to Kyoto Protocol

  Andy Rowell

  Feb22

  In an interesting development, China has called on the international community to observe the principles and framework of the Kyoto Protocol and the United Nations Framework Convention on Climate Change. The appeal was made by Cao Bochun, vice director of the Environment and Resources Protection Committee of the Chinese National People’s Congress. “As a precondition…
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• The Oil Majors Still Outpace the Chinese in Africa

  Andy Rowell

  Jan24

  Interesting article from today’s Financial Times about China’s search for oil in Africa. It states: “Conventional wisdom suggests that China’s energy companies are marching across Africa, shoving aside established majors and grabbing huge oil reserves with the help of bottomless funding from Beijing.” “A closer look reveals a more nuanced picture: China’s giants have won…
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