Posts in China
Oil Change International Statement on China’s Announcement to Limit Investment in Polluting ProjectsIn moving towards an end to government funding for the fossil fuel industry, President Obama and President Xi are demonstrating real, substantive progress towards the 2009 G20 Leader’s Pledge of phasing out fossil fuel subsidies.
- One step forward - two steps back or two steps forward one step back? It’s been a topsy turvy couple of weeks as far as the climate is concerned. We have had the Republicans gaining control of both sides of the House and Obama pulling a climate rabbit out of the hat with the US-China deal.
- Chinese companies are changing their investment strategies, with implications for the global energy market
- The Chinese state oil company, CNOOC has become the first Chinese oil company to invest in Arctic oil.
- On the same day that Peru declares a State of Emergency over oil pollution in the Amazon, the Ecuadorians offer 3 million hectares of pristine forest to the Chinese to explore for oil.
- Human rights campaigners are warning that further ethnic cleansing in Burma, which is being exacerbated by land clearances due the Shwe Oil Gas pipeline, could be imminent.
- It was planned to be the year of friendship between China and Japan, but instead we have a brewing conflict over oil. The headlines of the burgeoning diplomatic spat between China and Japan may be about “disputed islands” but make no mistake, this is a conflict over oil. It was all meant to be so...
Continue reading 'Japanese – China Conflict “All About Oil”'.
- In its “Energy Outlook” for last month, the global investment bank Goldman Sachs argued that “China remains the key growth driver” for worldwide oil demand. One of the key questions for the past decade for many in the oil-game has been where China, this vast emerging super-power, is getting access to its oil and will...
Continue reading 'Chinese Increase Investment in Tar Sands'.
- What a difference a day makes. Last week, the FT’s “Energy Special” pull-out included an article on China’s potential for shale gas. The article quoted a recent report from the investment bank, Jefferies which said: “Unconventional gas is a dream come true for China’s energy policymakers,” but then the report added “China does not need...
Continue reading 'China To Start Fracking Too'.
- Alberta’s minister of energy Ron Liepert was in New York this week and took the opportunity to threaten the State Department over the slow pace (as he sees it) of the approval process for the Keystone XL pipeline. The pipeline is designed to carry up to 900,000 barrels per day of mostly tar sands derived...
Continue reading 'Empty threats should not be made at ‘friends’'.
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