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China to Cut Wind, Solar Power Prices as Construction Costs Fall
2015-12-23 21:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: China will cut the preferential rate it offers wind and solar power developers to reflect the decline in construction costs. Tariffs for newly-built onshore wind farms will be cut by as much as 4 percent in 2016 from current levels and by another 6 percent in 2018 from 2016 tariff levels, according to a statement posted on the website of the National Development and Reform Commission. Reductions for new solar power projects will be as much as 11 percent in 2016. China had been mulling the tariff...
China says to cut power sector emissions by 60 percent by 2020
2015-12-02 17:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: China will reduce emissions of major pollutants in the power sector by 60 percent by 2020, the cabinet announced on Wednesday, after world leaders met in Paris to address climate change. China will also reduce annual carbon dioxide emissions from coal-fired power generation by 180 million tonnes by 2020, the official People's Daily website said. It did not give comparison figures or elaborate how it would achieve the result. In Paris, Christiana Figueres, head of the U.N. Climate Change Secretariat,...
China October Auto Sales Gain 11% After Tax Cut Boosts Demand
2015-11-06 08:15:50| Auto Dealers - Topix.net
Passenger-vehicle sales in China increased at the fastest pace in seven months after the government cut a tax on car purchases to boost sagging demand in the world's largest auto market. Retail deliveries of cars, SUVs and multipurpose vehicles rose 11.3 percent to 1.85 million units last month, the biggest monthly gain since March, according to the China Passenger Car Association.
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China to Launch Nationwide Scheme to Cut Global Warming Pollution
2015-09-25 16:29:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: China will put in place a nationwide carbon emissions trading program in 2017 and agree to stringent transparency rules in a new global climate change accord as part of a sweeping announcement President Obama and President Xi Jinping will make today, White House officials said. The joint call to action on global warming will be the second time in less than a year that Obama and Xi have stood side by side to pledge joint cooperation between the worlds two largest economies and emitters of greenhouse...
India, China Urge Rich Nations to Cut Carbon Deeper
2015-05-15 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: Rich countries need to take the lead in cutting greenhouse gas emissions, the leaders of India and China have said in an unusual joint statement. Released at the end of two days of talks between Narendra Modi and Xi Jinping, it says developing countries need more finance and technological support to green their economies. The two sides urged the developed countries to raise their pre-2020 emission reduction targets and honour their commitment to provide US$100bn per year by 2020 to developing...