Month: June 2024
China invests almost 4 times more in clean energy than in fossil fuels
The world will invest $2 trillion in clean energy this year, according to a new report from the International Energy Agency (IEA). This is roughly double the amount being put towards fossil fuels, the agency said. China is putting 3.7 times more money into clean energy than it is investing in fossil fuels. The world is still off track for the goal of tripling renewables by 2030, said another new […]
Rising sea levels threaten global oil trade & energy security
Image: Shanghai inundation at 4C sea level rise ASIA MOST AFFECTED According to a report released in Hong Kong on May 21, 2024 by China Water Risk (CWR) instead of providing energy security, global oil supply chains are increasingly threatened by rising sea levels. The report warns that the entire oil supply chain is in for a crude awakening as almost two-thirds of oil produced globally is shipped by oil tankers. […]
Restoring China’s vanishing oyster reefs
China has begun protecting and re-establishing its oyster reefs, one of the world’s most endangered marine habitats, but challenges remain. Naturally formed oyster reefs face a precarious existence, with around 85% of them having disappeared globally. China is no exception, and while the country has established special protected areas and rolled out restoration efforts for these reefs, results to date have been limited. Human factors, including overfishing, pollution and pollution-induced […]
What’s behind China’s shift to environmental diplomacy?
CHINA’S infrastructure investments across the Global South are well documented. Less well known, however, is China’s turn to environmental diplomacy. Amid rising geopolitical tensions and hard-power politics, China is also leveraging soft power. This shift is marked by environment- and development-focused initiatives, such as the BRI Green Development Coalition in 2017 and the Global Development Initiative in 2021. Both align with President Xi Jinping’s intention to “build a global ecological […]
Angola’s energy future: China-built hydropower
Cover photo: China is currently building Angola’s largest dam on the Kwanza River. Angola has a huge demand for electricity due to growing urbanization, especially in the capital city of Luanda with approximately five to six million inhabitants. Angola has an electrification rate of about 30%, which the government wants to increased to 60% by 2025. Angola recently inaugurated the Luachimo hydroelectric power station, after bringing the power station back […]