china
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Biden's top climate advisor visits China to push for stronger emission cuts
John Podesta is visiting China this week to urge the country to adopt more aggressive climate goals ahead of critical upcoming global climate negotiations.
In short:
- John Podesta will meet Chinese officials to press for greater emissions reductions.
- His visit comes before the November G20 summit, seen as a last chance to engage China on climate before U.S. elections.
- China's new climate targets are pivotal to maintaining the global goal of limiting warming to 1.5 degrees Celsius.
Key quote:
“The Biden-Harris administration should not give away the farm simply to get Chairman Xi to comply with agreements they have already signed.”
— Representative Michael McCaul of Texas, the Republican chairman of the House Foreign Affairs Committee
Why this matters:
China's emissions drive global climate trends. Without stronger commitments from China, the world risks failing to keep global warming within safe limits.
Related:
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Biden administration considers price support for US minerals to counter China
The Biden administration is contemplating federal price supports for U.S. critical minerals projects to counter the impact of cheap Chinese imports that threaten domestic production.
In short:
- The Energy Department may establish a price floor for U.S.-produced critical minerals to secure domestic supply chains.
- Chinese oversupply has caused mineral prices to plummet, endangering U.S. projects that received Biden administration grants.
- The proposal seeks to protect U.S. projects from foreign market manipulation, potentially requiring Congressional approval.
Key quote:
“If we move forward on anything like this, the intent would be to give the nudge that is needed to set off the flywheel, versus create a permanent subsidy or cushion for a particular sector or company going forward.”
— Anonymous Energy Department official
Why this matters:
China’s dominance in the critical minerals market threatens the U.S.’s ability to produce essential materials for clean energy technologies. Ensuring a stable domestic supply chain is vital for national security and the clean energy transition.
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Canada imposes new tariffs on Chinese-made electric vehicles
Canada is enacting a 100% tariff on Chinese-made electric vehicles, mirroring U.S. actions taken due to China's alleged market-distorting subsidies.
In short:
- Canada announced the tariffs after discussions with U.S. national security advisor Jake Sullivan.
- Canada will also impose tariffs on Chinese steel and aluminum and may consider more tariffs on other goods.
- China condemned the tariffs as protectionist, warning of potential retaliatory actions.
Key quote:
“Actors like China have chosen to give themselves an unfair advantage in the global marketplace.”
— Justin Trudeau, Canadian Prime Minister
Why this matters:
These tariffs could escalate trade tensions between China, Canada and the U.S., impacting global markets and the electric vehicle industry. The dispute highlights ongoing concerns about China's influence on global trade.
Related:
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Trump’s plan to boost LNG exports could benefit China
Donald Trump’s plan to expand U.S. liquefied natural gas exports if re-elected may lead to increased sales to China, despite his tough rhetoric against the country.
In short:
- Trump’s energy policy aims to boost LNG exports, potentially increasing sales to China despite ongoing economic tensions.
- Environmentalists and some lawmakers warn that expanding LNG could worsen climate impacts and compromise U.S. energy security.
- Trump’s allies argue that selling more LNG to China could give the U.S. economic leverage over its rival.
Key quote:
“If you could provide an energy source to your great economic enemy that they’re paying cash for...if you could addict them to that, which would clean up their environment, wouldn’t that give you more leverage ultimately?”
— Rep. Frank Lucas, chair of the Science, Space and Technology Committee
Why this matters:
Increased U.S. LNG exports to China could strengthen economic ties but risk undermining environmental goals and escalating political tensions. This highlights the complex balancing act in U.S.-China relations.
Read more: LNG exports linked to deaths and rising health costs, report finds
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Credit: Denny Franzkowiak/Pixabay
China reduces coal plant approvals after a recent surge
China significantly reduced approvals for new coal-fired power plants in the first half of 2024 following a surge in previous years that raised concerns about its climate commitments.
In short:
- Greenpeace East Asia found that only 14 new coal plants were approved in China in early 2024, down 80% from the same period last year.
- China’s coal dependence persists, despite leading in solar and wind power, to manage peak electricity demand.
- Recent government initiatives focus on integrating renewable energy into the grid and retrofitting coal plants with low-carbon technologies.
Key quote:
“We may now be seeing a turning point.”
— Gao Yuhe, project lead for Greenpeace East Asia
Why this matters:
China's reduced coal plant approvals signal a potential shift in its energy strategy, but its continued reliance on coal complicates global efforts to combat climate change.
Read more: Coal plants grow despite global push for cleaner energy
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Chinese investors attempt covert takeover of Australian mining company
A long-standing struggle between Northern Minerals and Chinese investors reveals the global battle over rare-earth minerals as countries seek to reduce reliance on China.
In short:
- Northern Minerals, an Australian mining company, discovered possible proxy purchases by Chinese investor Wu Tao, who had been blocked from increasing his stake due to national security concerns.
- The Australian government ordered Wu Tao’s company and four others to sell their shares, but the companies have not yet complied with the divestment order.
- The case highlights the broader effort by Western countries to secure rare-earth supplies independent of China's dominance.
Key quote:
“When in the history of the global economy has a monopolist willingly given up their position in the market?”
— Amanda Lacaze, CEO of Lynas
Why this matters:
Control over rare-earth minerals is critical as these materials are essential for green technology and defense. China’s dominance in this sector poses significant risks for global supply chains.
Related: Ruth Greenspan Bell: Wealth and the climate dilemma
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China's renewable energy surge could signal peak in emissions
China’s massive expansion of renewable energy in 2024, equivalent to the UK’s entire electricity output, might indicate that the country’s greenhouse gas emissions have peaked.
In short:
- China’s renewable energy growth in the first half of 2024 matches the UK’s total electricity output from 2023.
- Coal and gas electricity generation in China fell by 5% in July, suggesting a potential peak in emissions.
- Despite gains in clean energy, coal still accounted for 60% of China’s power in 2023, complicating long-term emissions reductions.
Key quote:
"China is leading against all of its competitors, when it comes to green technology."
— Li Shuo, director of the China Climate Hub at the Asia Policy Institute
Why this matters:
China is the world’s largest emitter of greenhouse gases, and its progress in renewable energy could be crucial in global efforts to combat climate change. However, continued coal reliance poses a significant challenge to reducing emissions.
Related EHN coverage:
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