New ministry to help nation keep word on emissions

Updated 2018-04-13 11:12:04 China Daily

An employee puts finishing touches to photovoltaic products at a facility of Shenzhou New Energy Co in Lianyungang, Jiangsu province.

China's newly established Ministry of Ecology and Environment will play a significant role in meeting the commitment to the reduction of greenhouse gas emissions worldwide, said an official from the Energy Foundation-an international non-governmental organization aimed at promoting the use of clean, reliable, and secure sources of energy.

In addition, it will also help China cut local pollutant emissions, such as PM 2.5-particulate matter with a diameter of or less than 2.5 micrometers, sulfur dioxide and nitrogen oxides, said Zou Ji, president of the Energy Foundation China.

"China's current energy structure is able to reduce both greenhouse gas and local pollutant emissions simultaneously. With the new ministry established, the government will have more control over technical, political, strategic and financial solutions, realizing a synergistic effect," Zou said.

Laurence Tubiana, chief executive officer of the European Climate Foundation, said: "President Xi Jinping's commitment to green energy is important. I don't think we can carry on this enormous economic transformation without high-level commitment."

She hoped Europe and China could work hand in hand to focus on green investment, green technology, economic transformation and trade. "It is important not to lose that momentum," she added.

US Special Envoy for Climate Change Jonathan Pershing agreed. "China is a major power with enormous influence in the region and in the world... Over the past several years, we have seen an increase in China's interest and engagement in green energy, and I hope the new structure continues to move that forward," he said.

China has been taking the lead in new energy contribution in recent years.

According to a recent report by Bloomberg New Energy Finance, China is in pole position in investing in the photovoltaic industry. In 2017, total PV investment around the globe reached 0.8 billion, up 18 percent year-on-year, among which the investment from China totaled more than 50 percent at .5 billion.

The nation's new PV installation last year reached 53 gigawatts, a great increase from 2016.

Justin Wu, general manager of BNEF Asia-Pacific, said that "China's PV installation in 2017 was 20 GW higher than we estimated."

"This is partly due to the pressure of industry development, in that Chinese regulators have not strictly limited the scale of new ground power stations, although the burden of subsidies had become increasingly severe and power curtailment problems continued to spread," he said.

"In addition, there are an increasing number of rooftop PV projects in the nation's industrial parks, whose capacity is not limited by the government."

Wu added: "China's large-scale power consumers have begun installing PV panels to meet their own electricity needs. As the cost continues to decline, the economic advantages on the consumer side have also become increasingly prominent."

According to BNEF, China's total investment in clean energy in 2017 reached a record-breaking 2.6 billion, growing 24 percent on a year-on-year basis.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58May 24 2018 01:02:42

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16May 24 2018 01:02:42

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18May 24 2018 01:02:42

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords