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Hong Kong plans to use clean hydrogen in transportation and power applications under a new strategy that aims to bridge the gap between Beijing and the rest of the world. The island administration plans to create a supportive environment for hydrogen energy by improving laws, setting standards and aligning with the global hydrogen market, all while seemingly deepening its reliance on China. A former British colony, Hong Kong was handed back to China in 1997 under a “one country, two systems” agreement; seeing Hong Kong hold a degree of autonomy from China. However, over the years, local and global concerns have grown about Beijing eroding Hong Kong’s autonomy, leading to large-scale protests in 2014 and 2019. In 2020, China imposed a national security law in Hong Kong, which critics said further undermined the island’s autonomy. The new hydrogen strategy claims that one country, two systems will give Hong Kong access to mainland China’s “huge” market, positioning it as “the bridge linking the mainland to the rest of the world.” https://lnkd.in/eNJpXBFw

China's State Council, the country's top administrative body, has issued a detailed work plan to establish a dual-control system for carbon emissions, marking China's practical shift from energy consumption control to carbon emissions control to achieve the central government's carbon peak and carbon neutrality goals, according to the State Council's latest release. ...by 2025 China will optimize the statistical and accounting system for carbon emissions, with a focus on key industries including power, #steel, #metals, building materials, and #petrochemicals, according to the plan. Read in full: 🔗 https://lnkd.in/gvAHTFSe #China #carbonemission #carbonpeak #carbonneutrality #energyconsumption #policy #greenhousegas #emissionpeaking #energyintenity 

THIRD PLENUM: Since yesterday, the "Third Plenum" of the 20th Central Committee of the Communist Party has been discussing the long-term direction of Chinese economic policy. One key point is likely to be, the further intensive promotion of the "new three" (EV's, solar photovoltaic cells, batteries), which form the core, of the new industrial policy strategy of "new quality productive forces". It also seems certain, that China will remain on a manufacturing-based growth path. But will this mean, that it will continue to aggressively seek to increase its market share in export markets? Is it conceivable, that it will even make gains? Will the country accept the trade conflicts that arise? #china #trade #geopolitics #strategicforesight #strategy

Another step materialized since the government introduced the concept of CO2 intensity in 2015 and set the target of carbon (emission) intensity to reduce by 18% by 2025 in the 14th five-year(2021-2025) plan (FYP).

U.S. Treasury Secretary Janet Yellen is set to challenge China's excessive clean energy subsidies. 🌍💼 Yellen's stance? It's time to confront the "clean energy dumping" head-on. China's strategy of saturating the market with low-cost green products isn't just competition; it's an unfair advantage that's shaking the core of global trade dynamics. 🚫🌞 The goal? A level playing field where innovation thrives without compromising global economic health or stability. Let's pave the way for sustainable growth, together. 💡🌱 📌 Will Yellen's efforts level the playing field and foster a healthier global economic environment? #CleanEnergy #GlobalEconomy #SustainableGrowth #Innovation

Through its Belt & Road Initiative China holds the power to reshape the future of clean energy — especially in countries where it’s needed most. What key factors will make or break the greening of the #BRI? Lihuan Zhou and Ziyi Ma lay it all out: https://bit.ly/3QwyI4Y

Here is a Monday chart for you - China in the lead for clean energy.

In the realm of energy transition, crafting the right policies is paramount. But here’s the catch: policymakers face a daunting trilemma. What exactly is it? It boils down to striking the right balance among three crucial pillars: 1️⃣ Energy Security: Ensuring stable and reliable access to energy sources. 2️⃣ Energy Sustainability: Promoting cleaner, environmentally-friendly energy solutions. 3️⃣ Energy Access: Guaranteeing affordable and equitable access to energy for all. However, achieving all three simultaneously is no easy feat. Many nations rely on traditional fuels like oil and coal for security and access, yet these come at the expense of sustainability. While gas presents a more clean option, recent geopolitical tension between Russia and Ukraine have underscored its challenges in terms of security and access. Renewable energy emerges as a beacon of sustainability, but issues of access and intermittency persist. Now, China can be a potential game-changer in this trilemma. As a major energy importer undergoing a massive transition, China’s trajectory will shape global energy dynamics. With its strides in energy transition technology and materials (already a major exporter), China’s progress holds the key to the global energy landscape. So, What impact will China’s journey towards energy self-sufficiency or exportation have on the global oil, gas, and energy sectors? Share your insights and let’s spark a thought-provoking discussion below! #EnergyTransition #PolicyMaking #GlobalEnergy #Sustainability

https://lnkd.in/gn6iVBKx Ms. Yellen should examine mass-buy-up of solar panels from both Chinese manufacturers and America's manufacturers can boost US's capacity of power generation. Concurrent expansion of both US' production and China's will accelerate reduction of co2 without negative impacts on US solar panel manufacturers. Infinite demands of solar power electricity will enable both restoration of US-China bilateral relationship and countering climate change. Be not excessively anxious about China's manufacturing capabilities. Rather utilize China's manufacturing capabilities.