The trial of two environmental inspectors, charged with dereliction of duty and bribery over the pollution of drinking water for 1.5 million, has begun in Liuzhou, southern China.
And handful of oil snd
December 11, 2012
With the completion of its long delayed and contentious acquisition of Nexen, China National Offshore Oil Corporation (CNOOC) will soon be in a position to deploy Canadian personnel and technology at home to help fuel China’s expanding economy and keep expensive imports in check. With the USD15.1 billion purchase of Calgary-based Nexen – the largest overseas acquisition by a Chinese company – now approved by the Canadian government, CNOOC is that much closer to being able to draw on an estimated 14.5 billion barrels of oil-soaked tar sand
Canada PM Stehpen Harper
The Canadian government has approved a USD15.1 billion bid from China National Offshore Oil Corporation (Cnooc) to buy Nexen, a deal that highlights China’s worldwide pursuit of natural resources and energy assets. Canadian Prime Minister Stephen Harper also announced the approval of Petroliam Nasional’s USD5.2 billion takeover of Progress Energy Resources.
Russia-China gas pipelines
December 07, 2012
China hopes its proven conventional natural gas reserves will rise by 3.5 trillion cubic meters (1.9 trillion cubic meters of which should be exploitable)  by 2015, according to a new National Development and Reform Commission (NDRC) plan that has been approved by the State Council. The industry development plan comes as China's appetite for natural gas has grown substantially with the country's industrialization and urbanization initiatives amid the government's efforts to cut carbon emissions.
Nearly 50 percent of China's clean tech companies expect the market to continue growing rapidly next year while 9 percent, mainly in the renewable energy sector, predict development bottlenecks, according to a newly released Deloitte report.
Israeli marine energy innovator SDE Energy has won a USD1.2 million contract to construct two wave power facilities off the Chinese resort island of Hainan, the fourth such deal for the company in China.
In a new wide-ranging plan to curb emissions, China yesterday announced that it will spend 350 billion yuan (USD56 billion) by 2015 to curb air pollution in major cities.
Developing nations, led by China, are demanding a detailed timetable for the USD100 billion a year in climate aid that is to be made available in 2020 and beyond under the Green Climate Fund agreed at the 2009 COP15 climate conference in Copenhagen.
China will pay overdue subsidies to renewable-power developers following a two year delay.
Several Chinese nuclear companies are looking to the public markets to raise funds for future plants following the government’s easing of halts imposed on new project following the 2010 Fukushima-Daiichi disaster in Japan.