Thursday, August 11, 2011

China, California likely to dictate US carbon market – Sandor
Successful carbon cap-and-trade programmes in China and California are likely to be necessary preconditions of any US national market in greenhouse gas emissions, according to market pioneer Richard Sandor.

“We need to have China surpass us to wake up the politicians in Washington,” Sandor told Environmental Finance.
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Sandor – who last year was appointed an adjunct professor of environmental finance at Peking University’s Guanghua School of Management – described the Chinese government as “very smart, very market-orientated and are leaders in renewable energy. They have a long-term strategy and they believe in markets as a way to solve the climate problem.”
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"Very sorry" to closure of Chicago exchange
2010:  China’s Massive Coal-Fired Power Plant Boom Visualized | ecopolitology
We hear all kinds of stats thrown around about how much coal-fired electricity generation China has added during its recent period of explosive economic development. The most commonly repeated--and my personal "favorite"--is that China is completing the construction of new coal-fired power plants at a rate of 2-3 per week, a truly astonishing figure.

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