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Its Hazy, but Chinas Carbon Emissions May Have Peaked

2016-04-03 13:24:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: A year and a half ago, negotiators from the United States persuaded the Chinese government to commit to a deadline for reversing the growth in greenhouse gas emissions from China. The Obama administration portrayed the pledge as a major victory because China produces more of the gases that cause global warming than any other country, a quarter of the world's total. Though the deadline was far off, in 2030, environmentalists said the concession by Beijing was a significant breakthrough in efforts...

Tags: may carbon emissions peaked

 

China's Sinopec Oilfield seeks growth in overseas and gas drilling to offset oil work plunge

2016-04-01 05:27:29| Oil & Gas - Topix.net

Sinopec Oilfield Service, whose biggest customer is China's second largest oil and gas producer Sinopec - has turned its focus to the overseas market and domestic natural gas projects for growth, as low oil prices cut domestic oil drilling work volumes and saw it post a loss last year. The drilling and construction services arm of state-owned China Petrochemical - parent of listed Sinopec - is aiming for overseas business to contribute up to 35 per cent of its revenues by 2020, up from 23 per cent last year.

Tags: work growth gas oil

 
 

Profits soar at China's big three airlines

2016-03-31 10:20:25| Airlines - Topix.net

China's three biggest airlines reported soaring net profits in 2015 despite the country's worst economic growth in a quarter of a century, as more Chinese travelled abroad. Cheaper jet fuel helped the bottom line, but losses from foreign exchange hurt as China's yuan currency slid against the dollar, they said.

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China's big spending, ambitious Anbang

2016-03-30 23:08:17| BBC News | Business | UK Edition

The Chinese company snapping up America's finest hotels.

Tags: big spending ambitious chinas

 

Study questions Chinas CO2 emissions dip

2016-03-30 15:08:08| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: China's greenhouse gas emissions are on a downward trajectory, but its emissions may not have fallen quite as much over the past two years as the Chinese government and the International Energy Agency have suggested. That's the conclusion of a new study published in the journal Nature Climate Change, which says China's emissions may have actually increased in 2014, rather than fallen. The International Energy Agency estimated last year that both the decline in China's coal use and falling electricity...

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