China Oil Imports Fall To Lowest In 2021
China’s crude oil imports fell to some 9.77 million barrels daily last month, down 2 percent on May and the lowest monthly level since the start of the year, Reuters Continue Reading
China plans July launch of national emissions trade scheme
A coal-burning power plant can be seen behind a factory in China’s Inner Mongolia Autonomous Region, October 31, 2010. REUTERS/David Gray Preparation work “basically complete”, vice-minister says Scheme to cover Continue Reading
China’s Extreme Weather Warnings Avoid Talk of Climate Change
As unprecedented heatwaves sweep across large parts of the Northern Hemisphere, China is telling its people to brace for another summer of dangerous floods and droughts. China’s National Climate Center Continue Reading
China to Launch the World’s Largest Emissions-Trading Program – WSJ
China will launch a national emissions-trading program on Friday, according to people familiar with the matter, creating the world’s largest carbon market and doubling the share of global emissions covered Continue Reading
Shell signs five-year contract to supply PetroChina with carbon neutral LNG
Oil major Shell (RDSa.L) has signed a five-year contract with PetroChina (601857.SS) to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday. Many companies, Continue Reading
Australia’s COVID-19 Delta outbreak worsens despite Sydney lockdown
The prospect of an extended lockdown in Sydney loomed on Monday as Australian health officials reported yet another record daily rise in COVID-19 cases for the year, fuelled by the Continue Reading
China’s Slowing V-Shaped Economic Recovery Sends Global Warning
China’s V-shaped economic rebound from the Covid-19 pandemic is slowing, sending a warning to the rest of world about how durable their own recoveries will prove to be. The changing Continue Reading
Spread of Delta variant casts shadow over Europe’s economic rebound
The rapid spread of the Delta coronavirus variant is causing economists to worry that Europe’s brightening economic outlook risks being undermined by rising infection levels and the reintroduction of travel Continue Reading
Lockdowns in Asia as some nations see 1st major virus surges
Several countries around Asia and the Pacific that are experiencing their first major surges of the coronavirus rushed to impose tough restrictions, a year and a half into a pandemic Continue Reading
South Korea increase social distancing measures as covid infections hit record
South Korea is increasing social distancing curbs in its capital to the highest level after a steep rise in coronavirus infections amid a slow vaccine rollout. The country reported 1,316 new coronavirus Continue Reading