The Golden Age of American Solar Energy. How can China tap into that sunshine?
Chinese companies are a dominant force in the world’s solar market, accounting for 46% of renewable generating capacity in 2021. Likewise, the American solar energy sector is also booming, expected to continue growing at an average rate of 8% annually through 2022. According to Bloomberg, total US investment in clean energy could reach 2 trillion […]
China’s electric vehicle market, a rising global leader in EV technology
With the rising concerns of climate change, the case for electrification of consumer transport is undeniable since it accounts for 17% of global greenhouse gas emissions. In China, consumers are showing a faster pace to adopt electric vehicles (EV) compared to other countries globally. In 2021, the sales of electric vehicles in China reached 2.92 […]
China’s blueprint of sustainable development in green technologies
China, the most populous nation in the world, has set itself the ambitious goal to reach carbon neutrality by 2060. The path from its current status as the world’s biggest emitter of CO2 toward a leading green superpower within only four decades will undoubtedly be challenging. What are Beijing’s strategies for “greening” the Chinese economy? […]
Sustainability in China: What are the drivers and benefits of going green in the Middle Kingdom?
As the latest IPCC report on climate change highlights an ever-growing environmental emergency, governments and private actors have mobilized around the globe to try and reduce their carbon footprint. China, which is the largest greenhouse gas emitter in the world, has taken a pledge at the UN General Assembly in 2020 to be carbon neutral […]
What China’s new carbon emission trading market means for businesses
On July 16, the Vice-Minister for Ecology and Environment Zhao Yingmin officially ushered in the China’s long-planned carbon emission trading market, the world’s largest CO2 market. The carbon exchange system, which made its debut with 4.1 million tons of carbon dioxide quotas worth 210 million RMB traded in a single day, was actually launched in […]
Green Technology in China: From the Perspective of Electric Cars Market
In recent years, China’s economy has developed rapidly, accompanied by the increasingly serious environmental pollution. PM2.5 become the focus of public attention to air indicators. The tail gas of the fuel vehicle is also an important factor causing the pollution. In order to improve the environment, the use of green technology of electric or […]