Michele Kearney's China Blog - Economics, Research and Technology, Energy, Nuclear, Currency, and Foreign Policy
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Thursday, March 31, 2011
Report: China leads in low-carbon energy
Report: China leads in low-carbon energy
Washington (UPI) Mar 29, 2011 - China is the world's leading investor in low-carbon energy technology, a global study by a U.S. environmental polling organization has shown. The study, published by the U.S. Pew Environment Group, showed that the Chinese invested $54.4 billion in the technology in 2010, up from $39.1 billion in 2009, the BBC reported Tuesday. While investment by the United States increased by 51 ... more
Washington (UPI) Mar 29, 2011 - China is the world's leading investor in low-carbon energy technology, a global study by a U.S. environmental polling organization has shown. The study, published by the U.S. Pew Environment Group, showed that the Chinese invested $54.4 billion in the technology in 2010, up from $39.1 billion in 2009, the BBC reported Tuesday. While investment by the United States increased by 51 ... more
Wednesday, March 30, 2011
China's Hu warns Sarkozy on Libya strikes
China's Hu warns Sarkozy on Libya strikes
Beijing (AFP) March 30, 2011 - Coalition military strikes on Libya could violate the "intention" of the UN resolution if civilians suffer, Chinese President Hu Jintao on Wednesday told visiting French leader Nicolas Sarkozy. The tough talk from Hu came during a meeting at the start of Sarkozy's mini-tour of Asia, which will include a G20 meeting on global monetary reform and a stop in disaster-struck Japan. Britain, F ... more
Beijing (AFP) March 30, 2011 - Coalition military strikes on Libya could violate the "intention" of the UN resolution if civilians suffer, Chinese President Hu Jintao on Wednesday told visiting French leader Nicolas Sarkozy. The tough talk from Hu came during a meeting at the start of Sarkozy's mini-tour of Asia, which will include a G20 meeting on global monetary reform and a stop in disaster-struck Japan. Britain, F ... more
Tipping Point In The Indo-Pacific -- Michael Auslin, American Interest
Tipping Point In The Indo-Pacific -- Michael Auslin, American InterestEAST CHINA SEA, July 9, 2020—Sino-American relations have been spiraling down into a hostile dialectic for more than a decade. The two sides have grown increasingly uncomfortable with their complex, ever-evolving but seemingly inescapable economic interdependence. China will not relent in its aggressive, mercantilist currency policies, but the Fed and the Treasury, ever in need of Chinese capital to finance America’s debt, have never pushed the issue to the wall. The two sides have displayed their ideological differences as Chinese restrictions on civil rights continue. They have sparred, too, over points of honor and prestige in international forums and, episodically, over the future of Taiwan. But the underlying source of the current deterioration in the bilateral relationship is the competition for influence in the Indo-Pacific commons, that broad swath reaching from the western Pacific Ocean to the eastern coast of Africa, which both sides consider central to their standing in the region and to global perceptions of their power. After nearly a decade’s worth of threat-making, strained diplomatic ties and below-the-radar games of chicken, U.S. and Chinese naval ships now stand prow-to-prow in the East China Sea, minutes from battle over a seemingly meaningless incident.
Read more ....
Tuesday, March 29, 2011
Energy headlines: Libyan rebels aim to start oil exports
Energy headlines: Libyan rebels aim to start oil exports
- Libyan rebels may be able to profit from oil sales – FT- Libyan rebels aim to revive oil exports – NY Times
- Qatar provides fuel lifeline for rebel-held towns – FT
- Radioactive flood in Japanese reactor tunnels – FT
- Japanese soil contains plutonium, say officials – The Guardian
- Tepco chief spent week secluded in office – FT
- Gas ship rates may rise 67% as Japan replaces nuclear – Bloomberg
- Standard Life tells BP to drop Rosneft swap – The Telegraph
- Bob Dudley risks being left out in the cold – The Telegraph
- Chinese to drive energy M&A – FT
- China industry ordered to cut CO2 intensity by 18% – Reuters
- Private investment in clean energy plunges – FT
- Berlin shifts stance on nuclear power – FT
- British nuclear industry ‘needs overhaul’ – The Guardian
- EDF asks Edison CEO to step down – WSJ
- Lamprell surges on need for robust rigs – FT
- Business big shot: Nigel McCue of Lamprell – The Times
- Bowleven looks to Cameroon prospects – FT
- BG to export oil from Brazil – Bloomberg
- Delta Air Lines shifts fuel hedges out of US benchmark – FT
- European Commission targets cut in transport emissions – Argus
Monday, March 28, 2011
China Syndrome: Going Nuclear to Cut Down on Coal Burning
China Syndrome: Going Nuclear to Cut Down on Coal Burning
China pauses its plans to build the most new nuclear reactors in the world in the wake of the accident at Fukushima Daiichi in Japan--but will not halt them
Sino-American Trade and Economic Conflict: Rethinking Trade Theory
Sino-American Trade and Economic Conflict: Rethinking Trade Theory
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Yale study estimates global use of Rare Earths
Global In-Use Stocks of the Rare Earth Elements: A First Estimate
9 pages of supplemental information
Even though rare earth metals are indispensible in modern technology, very little quantitative information other than combined rare earth oxide extraction is available on their life cycles. We have drawn upon published and unpublished information from China, Japan, the United States, and elsewhere to estimate flows into use and in-use stocks for 15 of the metals: La, Ce, Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu, and Y. Here, we show that the combined flows into use comprised about 90 Gg (Gg is a billion grams which is one thousand tons] in 2007; the highest for individual metals were 28 Gg Ce and 22 Gg La, the lowest were 0.16 Gg Tm and 0.15 Gg Lu. In-use stocks ranged from 144 Gg Ce to 0.2 Gg Tm; these stocks, if efficiently recycled, could provide a valuable supplement to geological stocks.
9 pages of supplemental information
Energy headlines: Radiation fears rise at Japan crisis plant
Energy headlines: Radiation fears rise at Japan crisis plant
- Radiation fears rise at Japan crisis plant – FT
- Japanese firm admits error on radiation warning – The Guardian
- Japan nuclear regulator tied to industry – WSJ
- Nuclear groups to sue Germany over idled plants – FT
- Thousands join German anti-nuclear protests – FT
- Putin warned Dudley over Rosneft – The Telegraph
- Foreign Office ‘backed BP-Rosneft’ – The Telegraph
- Sinopec to cut costs and expand overseas – Bloomberg
- China energy authority drafting shale gas development plan – Reuters
- Iberdrola causes anger with share plan – FT
- India looks underground for fuel of the future – The Times
- Renewable energy deals up 66% – WSJ
- Japan crisis, high oil to help green energy: PwC – Reuters
- Schneider chief warns Europe on green rivals – FT
- Power chiefs warn of tax threat to plant – The Times
- Valiant issues oil tax warning – The Telegraph
- Senators want FTC to investigate high gasoline prices – Argus
- Landmark plan to heat UK factory with waste – FT
- Nissan Leaf charges into UK car showrooms – The Guardian
- Japanese firm admits error on radiation warning – The Guardian
- Japan nuclear regulator tied to industry – WSJ
- Nuclear groups to sue Germany over idled plants – FT
- Thousands join German anti-nuclear protests – FT
- Putin warned Dudley over Rosneft – The Telegraph
- Foreign Office ‘backed BP-Rosneft’ – The Telegraph
- Sinopec to cut costs and expand overseas – Bloomberg
- China energy authority drafting shale gas development plan – Reuters
- Iberdrola causes anger with share plan – FT
- India looks underground for fuel of the future – The Times
- Renewable energy deals up 66% – WSJ
- Japan crisis, high oil to help green energy: PwC – Reuters
- Schneider chief warns Europe on green rivals – FT
- Power chiefs warn of tax threat to plant – The Times
- Valiant issues oil tax warning – The Telegraph
- Senators want FTC to investigate high gasoline prices – Argus
- Landmark plan to heat UK factory with waste – FT
- Nissan Leaf charges into UK car showrooms – The Guardian
Sunday, March 27, 2011
Pakistan replacing US with China as its principal arms supplier
Pakistan replacing US with China as its principal arms supplier
Breakdown to Breakthrough is Possible Now
Breakdown to Breakthrough is Possible Now
Astronaut and Professor Brian O'Leary says that burning uranium and hydrocarbons is very, very bad for our health and the environment, and is utterly unnecessary. Clean breakthrough energy is on its way with the Rossi Cold Fusion Energy Catalyzer likely to come first.
by Brian O'Leary, Ph.D., March 23, 2011, www.brianoleary.info and http://drbrianoleary.wordpress.com
for Pure Energy Systems News
News and Commentary on China and The Nuclear Business
China can guarantee safety of nuclear power facilities: official
Xinhua
BEIJING, March 26 (Xinhua) -- An official overseeing nuclear safety in China has said that the safety of the country's nuclear power facilities is guaranteed, while reaffirming its goal of developing nuclear power as a clean energy source. ...
No move to derail nuke power development plans, says China
Sify
China's largest nuclear plant operator - the China National Nuclear Corp (CNNC), has said that Japan's nuclear crisis should not derail its plan to develop its own nuclear power industry. "China should not change its development plan in the nuclear ...
Japan crisis won't hamper nuclear development, says China
Economic Times
BEIJING: As Chinese government froze approvals for new projects pending a nuclear safety review, the country's atomic authority has said it will not shelve plans to build more plants but beef up safety standards in view of the crisis in Japan. ...
China says Japan crisis won't deter expansion of its domestic nuclear power ...
The Canadian Press
BEIJING, China — A top Chinese official says China has faith in the safety of its nuclear power technology and won't scrap plans to expand its domestic industry because of Japan's crisis. China has drawn on the best nuclear energy standards and ...
Japan's nuclear crisis won't derail world energy markets
Fortune (blog) -
Even if the world scales back on development of nuclear power, it won't have a sweeping impact on energy prices. The reality is that nuclear is still small. The nuclear renaissance hasn't been much of a renaissance. As crews in Japan scramble to ...
Nuclear safer than coal, Chinese atomic official says
Reuters Africa -
BEIJING, March 25 (Reuters) - Even in the wake of Japan's Fukushima nuclear crisis, nuclear power remains a safer and cleaner choice for China than coal, Pan Ziqiang, the chairman of the science and technology committee at the China ...
Japan nuclear crisis a wake-up call for China
CNN International -
Members of environmental action group Greenpeace raise concerns in front of the Central Government offices in Hong Kong. Editor's note: "Jaime's China" is a weekly column about Chinese society and politics. ...
A Different Kind of Nuclear Reactor in China
New York Times
Rather than using fuel rods encased in water as in most reactors, engineers in China are building pebble-bed reactors that use billiard ball-size fuel spheres known as pebbles. Amassing these pebbles inside the reactor creates nuclear fission, ...
A Radical Kind of Reactor
New York Times -
Xu Yuanhui of Chinergy with one of the "pebbles," or fuel elements that power the reactor. By KEITH BRADSHER SHIDAO, China — While engineers at Japan's stricken nuclear power plant struggle to keep its uranium fuel rods from melting down, engineers in ...
Pressing Ahead Where Others Have Failed
New York Times -
SHIDAO, China — In pursuing pebble-bed nuclear reactors, China is pressing ahead with a nuclear technology that other countries have struggled to master. In some ways, its progress is a result of being less adventurous than foreign ...
Dot Earth: Nuclear Lessons for America from Fukushima, France and China
New York Times (blog) -
I urge you to read the excerpts below, click to read the rest and return here to discuss the lessons he points to from France's program, China's push into new reactor designs and his argument that the Nuclear Regulatory Commission ...
Japan fallout: China's N-exports to Pak may come under IAEA lens
Times of India -
BEIJING: China has stepped up efforts to protect its export of nuclear plants to Pakistan amidst fears that the International Atomic Energy Agency may initiate a review on the issue following the accidents in Japan. Jiang Yu, Chinese foreign ministry ...
China to Sell Outdated Nuclear Reactors to Pakistan
Voice of America -
China is pressing ahead with nuclear energy cooperation with Pakistan, despite concerns that it is shipping decades-old technology to its South Asian neighbor. This comes as China suspended approvals for new nuclear power plants within China to review ...
China's nuclear policy: 'Build, baby, build!'
msnbc.com -
Workers pour concrete at the construction site of the Fuqing Nuclear Power Plant in eastern China's Fujian Province in June 2009. The first of six 1000 megawatt reactors planned for the site is due to start operating in 2013. ...
China pushes ahead Pakistan nuclear plant expansion
Arab News -
BEIJING: China is committed to controversial plans to expand a Pakistan nuclear power plant using 1970s technology, experts say, even after Japan's crisis triggered global alarm about atomic safety. ...
No Alternative to Nuclear Power
Forbes (blog) -
The death toll from the earthquake and tsunami continue to rise. 25000 lives lost is a certainty, and the number could exceed 30000. Such massive loss of life would be half that suffered in China's Sichuan province in 2008. ...
Nuclear power 'incredibly safe'
Irish Times -
PRO-NUCLEAR lobbyists are witnessing a notable change in public attitudes to nuclear power as a viable option for Ireland's energy supply, an audience in Cork heard last night. The change in public opinion is reflected in a worldwide renaissance in ...
China remains unaffected by radioactive leaks in Japan
Xinhua
BEIJING, March 23 (Xinhua) -- China will remain unaffected by radioactivity from Japan's Fukushima Daiichi Nuclear Power Plant over the next three days, according to the latest analysis on Wednesday. China's National Nuclear Emergency Coordination ...
Panic May Slow Nuclear Energy in China
New York Times
“That may drop to 60 or 70 gigawatts now, after Japan, and any lessening is a good thing,” Mr. Tu said. “I'm not saying we shouldn't develop nuclear power in China. But how much can we safely handle by 2020?” On March 16, responding to Japan's crisis, ...
Panic May Slow Nuclear Energy in China
New York Times -
BEIJING — Nuclear fear has struck in China, a country of 1.3 billion with the world's most ambitious nuclear power plans, in response to the unfolding crisis at the Fukushima Daiichi plant in Japan. ...
China to Build Nuclear Plant Using Fourth-Generation Technology in April
Bloomberg -
March 22 (Bloomberg) -- Donald Straszheim, head of China research at International Strategy & Investment Group, talks about the nuclear power plant crisis in Japan and the ...
China's forthright stand
The Nation, Pakistan
For the energy-starved sector of Pakistan, Beijing's frank and forthright announcement that it would go ahead with the expansion of the nuclear power generation facility at Chashma, despite Western and Indian objections against it, is, indeed, ...
Pak-China N-technology & vested lobbies propaganda
The News International
ISLAMABAD: Propaganda against Pak-Chinese civil nuclear technology, in the aftermath of the Japanese tragedy, is now becoming short of obnoxious by vested lobbies. Reuters report carried by major Pakistani newspapers, saying that China is pushing ahead ...
Japan Crisis Could Affect Some US New Builds
Energy Collective -
The nuclear crisis in Japan has sparked questions about the construction of nuclear plants in the US Unlike energy-starved developing nations like China and India, which have national imperatives to build new reactors, the US currently has an abundance ...
China's Demand for Commodities Remains Strong Despite Government Tightening
International Business Times
Commodities moved sideways in European session but oil, gold and silver prices stayed at elevated levels. Preliminary Chinese PMI reading climbed in March, signaling acceleration in the momentum of manufacturing activities. ...
Corruption, quality fears cloud China's nuclear programme news
domain-B
Mainland China's notorious record of corruption and mismanagement in construction projects is causing grave concern about the safety of its nuclear programme. The concerns are mounting as China accounts for about half of the world's total of on-going ...
Record Amounts of Cash Flow Into Japanese Stocks
DailyFinance -
Asian Markets rose Friday. In Japan the Nikkei 225 Index climbed 1.1% to 9536 and in Hong Kong the Hang Seng advanced 1.1%, closing at 23159. ...
China Re-Confirms Plans to Export Decades-Old Reactor Technology to Pakistan
Nuclear Street - Nuclear Power Portal (blog)
Asked at a press conference Thursday whether China was concerned about plans to export dated reactor technology to Pakistan following the multiple-reactor crisis in Japan, a foreign ministry spokeswoman dismissed the issue as unrelated. ...
Concerns about China selling outdated n-technology to Pakistan news
domain-B
Beijing: There is growing concern about China shipping decades-old nuclear technology to its strategic ally Pakistan, even as it suspended approvals for new nuclear power plants at home pending review of safety standards following the recent ...
Pakistan-China N-cooperation transparent: FO
The News International
BEIJING: China reiterated on Thursday that its civil nuclear cooperation with Pakistan is consistent with international obligations and under the umbrella of IAEA. “As for the nuclear cooperation between China and Pakistan, I would like to stress that ...
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Saturday, March 26, 2011
How to Improve China-US Trust
How to Improve China-US Trust
By Shen Dingli
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PlurkCompeting visions and expectations complicate China-US ties. They need to try and walk in each other’s shoes, argues Shen Dingli.
Nuclear Energy — Crisis in Japan
Nuclear Energy — Crisis in Japan
End to Nuclear Crisis
Workers on Saturday resumed repair efforts, restoring lighting the No. 2 unit and pumping in fresh water to the No. 1, No. 2 and No. 3 units, Tokyo Electric Power said.
March 26, 2011 Radiation + Cable Anchor + Science = ?
A CNN host explores radiation risk and illustrates how eagerness for audience impact can utterly trump a thirst for facts.
March 25, 2011Europe to Test Safety of Nuclear Reactors
After a week of debating the future of nuclear power, E.U. leaders on Friday decided that reactors across all member nations should undergo safety tests in response to radiation leaks in Japan.
March 25, 2011
Cameco Chief Remains Optimistic About Nuclear Industry
Despite Japan’s reactor crisis, the chief of Cameco, a global leader in uranium mining and processing, said he expected building of nuclear reactors to resume within five to seven years.
March 25, 2011Groups Demand Data on Radiation Release
Curious to know why the United States recommended that Americans stay at least 50 miles away from a troubled Japanese nuclear plant, groups file a Freedom of Information Act request demanding access to information about radiation levels gathered by American monitoring equipment and helicopter overflights.
March 25, 2011Video: Reader Questions on Nuclear Power
Eric Lichtblau, a New York Times reporter, answered questions from readers on how the calamity in Japan will affect the future of nuclear energy in the United States.
March 25, 2011
Japan Raises Possibility of Breach in Reactor Vessel
Officials suggest that people living from 12 to 19 miles outside the Fukushima Daiichi nuclear plant should leave, as new signs emerged that it will be hard to bring the plant under control.
March 25, 2011Japan Raises Possibility of Breach in Reactor Vessel
Officials suggest that people living from 12 to 19 miles outside the Fukushima Daiichi nuclear plant should leave, as new signs emerged that it will be hard to bring the plant under control.
March 25, 2011Friday, March 25, 2011
TEPCO Update, March 25, 2011
Press Release (Mar 25,2011)
Plant Status of Fukushima Daiichi Nuclear Power Station (as of 0:30 PM Mar 25th)
Plant Status of Fukushima Daiichi Nuclear Power Station (as of 0:30 PM Mar 25th)
JAIF Updtate 3/25
(136KB)IAEA Fukushima Nuclear Accident Update Log 3/25
Fukushima Nuclear Accident Update Log
Updates of 25 March 2011
Staff ReportPressing Ahead Where Others Have Failed By KEITH BRADSHER
Pressing Ahead Where Others Have Failed
By KEITH BRADSHER
Energy headlines: BP-Rosneft deal blocked
Energy headlines: BP-Rosneft deal blocked
- BP blow as Rosneft tie-up is blocked – FT
- BP’s big freeze in Russia – WSJ
- Time running short for Dudley’s Arctic gamble – FT
- Dudley has only himself to blame for deal flop – The Telegraph
- BP/AAR/Rosneft: ruling sours deal – FT Lex
- Japan widens nuclear exclusion zone – FT
- Bankers return favour with loan for Tepco – FT
- UN climate chief watchful pf Japan nuclear mishap – Reuters
- US watchdog sees gaps in reactor safety – FT
- A radical kind of reactor – NY Times
- French nuclear love affair starts to cool – FT
- Cheap US natural gas forces Mexico to scale back LNG – Argus
- Ofgem investigates profits from energy bills – The Telegraph
- Premier Oil unfazed by North Sea tax – FT
- Tax raid ‘threatens North Sea oil industry’ – The Times
- Investment warnings follow tax raid on oil – FT
- North sea tax threatens $3bn of field sales – Bloomberg
- BP’s big freeze in Russia – WSJ
- Time running short for Dudley’s Arctic gamble – FT
- Dudley has only himself to blame for deal flop – The Telegraph
- BP/AAR/Rosneft: ruling sours deal – FT Lex
- Japan widens nuclear exclusion zone – FT
- Bankers return favour with loan for Tepco – FT
- UN climate chief watchful pf Japan nuclear mishap – Reuters
- US watchdog sees gaps in reactor safety – FT
- A radical kind of reactor – NY Times
- French nuclear love affair starts to cool – FT
- Cheap US natural gas forces Mexico to scale back LNG – Argus
- Ofgem investigates profits from energy bills – The Telegraph
- Premier Oil unfazed by North Sea tax – FT
- Tax raid ‘threatens North Sea oil industry’ – The Times
- Investment warnings follow tax raid on oil – FT
- North sea tax threatens $3bn of field sales – Bloomberg
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