Last year, global investment in clean energy exceeded 17 trillion

Mondo Finance Updated on 2024-02-29

Environmental protection, carbon peaking and carbon neutrality, and policies

Last year, global clean energy investment surpassed1.7 trillion dollars

On February 26, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, said that green is the background color of high-quality development, and all parts of the country are working hard to promote green and low-carbon transformation, which will fundamentally change the development model of human beings in the past that focuses on development and ignores social costs. In the case of clean energy, for example, global investment in clean energy is estimated to have exceeded 1$7 trillion, more than the upstream industry investment in the oil industry for the first time, clean energy also brings social benefits to the surrounding area.

and Germany will allow seabed carbon transport and storage

On February 26, German Economy Minister Robert Habeck said Germany would revise its carbon dioxide sequestration law to allow carbon capture and offshore storage in certain industrial sectors. Under the new legal change, Germany will allow the transport of CO2 and its storage in seabed areas, with the exception of marine protected areas.

3. Biden's Energy Advisor:The LNG export moratorium could last for 14 months

According to an interview with White House energy adviser Amos Hochstein posted on social platforms on the 23rd, Biden may suspend the approval of new liquefied natural gas (LNG) export licenses for 10 to 14 months. Hochstein said the Department of Energy will gather information and then decide whether to continue the moratorium, approve some of the projects, or all of them. "We have to look at how the data goes," Hochstein said. "The timeline given by Hochstein is a rough estimate, but suggests that the LNG export moratorium may not end until after November***. Recently, the United States has suspended the approval of new export licenses for LNG, and will assess its impact on the environment, economy and the world.

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1. Qinghai was introduced12 measures to promote financial support for the green development of industry

On February 26, the reporter learned from the Qinghai Branch of the People's Bank of China that in order to guide financial resources to provide precise support for the green development of the province's industry, the Qinghai Branch of the People's Bank of China and the Qinghai Provincial Department of Industry and Information Technology issued the "Several Measures for Financial Support for the Green Development of Qinghai Industry", proposing to make full use of financial policies, optimize the supply of green financial products, play the role of multi-channel financing, improve the support of green financial services, improve the quality and efficiency of green financial supply, and further improve the quality and efficiency of green financial supply. We will further promote the construction of Qinghai's new industrialization and modern industrial system.

Social practices and corporate trends

Opening of the sixth session of the United Nations Environment Assembly

The sixth session of the United Nations Environment Assembly opened in Nairobi, the capital of Kenya, on the 26th, with more than 4,000 representatives from various countries attending to discuss global environmental governance under the framework of multilateralism. The theme of the conference, which will run from 26 February to 1 March, will be "Effective, inclusive and sustainable multilateral action to address climate change, biodiversity loss and pollution". It is understood that during the five-day agenda of the conference, participants including ministers**, business leaders, scientists and environmental activists from various countries will consider a number of resolutions and decisions, and discuss specific social issues such as addressing the environmental crisis and the poverty caused by the crisis and the widening gap between rich and poor in society.

2. Canadian Solar intends to invest96.300 million yuan to build a photovoltaic new energy industrial park

Canadian Solar announced on February 26 that in order to quickly improve the company's N-type advanced production capacity scale and product competitiveness, the company plans to give priority to promoting the layout of photovoltaic new energy industrial park in Lianshui County, Huai'an City, Jiangsu Province, and the investment target is Huai'an Canadian Solar's new energy industrial park project with an annual output of 14 GW slices + 14 GW cells + 14 GW modules, with a total planned investment of 96300 million yuan, in three phases of construction, it is expected that the civil equipment will enter the site in March 2024, and the production capacity will be quickly formed after the installation and commissioning is completed, and the investment period will be 315 years.

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