In today’s Talking Points: China soon to introduce environment tax on pollutants; Slowdown in China’s imports of natural gas; New stimuli measures for China’s new energy auto sector; Victorian government set to ban fracking and coal seam gas exploration China soon to introduce environment tax on pollutants On Monday, a draft environment tax law was introduced to the central …
Energy & Resources Talking Points 19-08-2016
In today’s talking points: China’s Ministry of Commerce calls blocked Ausgrid sale a protectionist move; China’s zinc smelting industry slashes fees; Shale gas to underpin growth in world natural gas production; Whitehaven announces rise in profits, thermal coal up China’s Ministry of Commerce calls blocked Ausgrid sale a protectionist move Following the blocked sale of Australia’s largest energy grid, …
Talking Points Energy and Resources
In today’s talking points: Increased Chinese import volumes provide welcome relief to Australia’s commodity exporters; China’s current coal power capacity sufficient to meet demand until 2030; China’s State Grid Corporation launches a $13 billion bid for Brazilian utilities; oil prices drop at report of large US crude inventories. Increased import volumes partially offset lower commodity …
Energy & Resources Talking Points | 15-07-2016
In today’s Talking Points: Bank of China raises $3 billion this week as part of 300 billion yuan multi-currency green bond issuance program; Chinese government advisory groups release report advising that emissions-cutting policies do not burden the economy; coal and steel capacity measures beget marked effects both on production rates and price indices; China National Petroleum …
Energy & Resources Talking Points | 07-07-2016
In today’s Talking Points: AGL Energy warns of fall in profits due to costly spot purchases; report advocates China adopt renewable energy integration policies to reduce energy waste; Rio shelves plans for iron ore mine in Guinea; Beijing’s groundwater depletion causing it to sink 11 cm per year. AGL Energy warns of $100m plunge in gas …
Energy & Resources Talking Points 30-06-2016
In today’s Talking Points: India’s application to join Nuclear Suppliers Group suffers setback as China weighs in; US tariffs on Chinese made solar systems see local solar power market soars to new heights; Morgan Stanley raises iron ore price forecasts, expects Chinese steel demand to be supported through 2017; and idle Chinese wind turbines highlight the challenges faced by …
Energy & Resources Talking Points | 22-06-2016
In today’s Talking Points: Australian coal gasification technology to be trialled in China, as Carbon Energy secure new joint venture; Wind power tipped to deliver up to 14 percent of China’s energy by 2030, meeting three-quarters of China’s renewable energy target; BHP investing $9.5 million into CCS research in China; and, Chinese oil and coal outputs reduced as economic rebalance …
Energy Talking Points 14-06-2016
East coast gas in the pipeline for Jemena Chinese-controlled infrastructure company Jemena says an $800 million pipeline is built to connect the Northern Territory gas market with the east coast and as part of a much bigger plan, with Gladstone’s three LNG plants set to drive more demand than many were expecting to struggle to …
Energy & Resources Talking Points 25-05-2016
China power generation transformation According to an industry insider featured at the 2016 International Photovoltaic Power Generation Conference in Shanghai, by 2050 China will have nearly 100% of its electricity needs fuelled by renewable energy sources. This is being driven by revolutionary new renewable energy technologies such as “micro-grids, smart electricity optimization and efficient storage”. …
Energy & Resources Talking Points 05-05-2016
U.S automotive and energy giant Tesla taps into China’s new-energy car market U.S electric automaker and Energy Storage Giant Tesla Motors Inc, has stated that the company plans to establish at least 10 new stores across China this year. Zhu Xiaotong, president of Tesla China, further reiterated Teslas optimism regarding China, stating that he …