Carbon reduction Archives

How Hydrogen Fits in China’s Bid to Decarbonize the Auto Sector

Even if fuel cell vehicles never catch up with battery-based alternatives, they still just might find a few wide-open lanes.

“No tableware” Orders Reach 1.3 Billion on Ele.me, Driven by Carbon Emission Reduction Advocation

The orders with the "No tableware" option have reached 1.3 billion on Ele.me, according to its president Yongxin Fang. It is equivalent to reducing the use of more than 6,000 tons of wood and more than 3,000 tons of plastic.

SHEIN Targets 25% Drop in Greenhouse Gas Emissions Across Value Chain by 2030

SHEIN, a global e-retailer of fashion, beauty and lifestyle products, on September 28 announced its target to reduce overall emissions across its entire value chain by 25% by 2030, as well as its greenhouse gas emissions inventory for 2021.

China’s Scorching Summer Puts Spotlight on NEV Ambitions

Historic heatwaves have swept across central China this summer, raising the stakes in a bid by authorities to transform the domestic automotive sector.

Alibaba Releases 2022 ESG Report, Cutting Carbon Emission by 620,000t Last Year

Alibaba has cut a total of 619,944 tons of carbon emissions by changing its energy mix to include more clean sources in FY2022 (ended March 2022), according to the company's ESG report published on August 29.

Hainan to Ban Sales of Fuel Cars by 2030

The People's Government of Hainan Province published its Carbon Peaking Implementation Plan on August 22, which stipulates that by 2030, the sale of fuel cars will be completely banned.

China to Establish Carbon Emissions Accounting System in 2023

The timetable for the construction of China's carbon emissions statistical accounting system has now been made clear, according to an implementation plan issued by three government departments in the country.

China New Energy Storage Industry Innovation Alliance Established in Beijing

On August 8, the China New Energy Storage Industry Innovation Alliance was established in Beijing. The innovation alliance was initiated by China Energy Engineering Group Co., Ltd. (CEEG), CATL and and Trina Solar Co., Ltd.

Energy Storage Firm Lingtan Intelligence Bags $7.4M in Pre-A Round Financing

Lingtan Intelligence, an industrial and commercial energy storage brand, announced on August 5 its completion of a pre-A round of financing totaling 50 million yuan ($7.4 million) led by Eight Roads.

Major Photovoltaics Project in Hainan Successfully Linked to Grid

On August 2, China's Datang Sanya 60 MW PV flat-rate grid pilot project was announced to have been successfully connected to the grid on July 29.

Beijing Releases Implementation Plan for Industrial Carbon Peaking

On August 1, China's Ministry of Industry and Information Technology, National Development and other two departments issued the Implementation Plan for Carbon Peaking in the Industrial Sector.

Carbon Management Firm Carbonstop Secures 100M Yuan in Round-B Financing

Beijing-based firm Carbonstop, a provider of emissions management software and consulting solutions, announced on August 1 that it had completed a round B of financing worth 100 million yuan ($14.82 million).

Shanghai Releases Carbon Peaking Implementation Plan

On July 28, the Shanghai Municipal Government issued the "Implementation Plan for Carbon Peaking in Shanghai" and a corresponding regulatory opinion notice.

2022 China Automotive Low Carbon Action Plan Released

On July 27, China Automotive Technology & Research Center Co., Ltd. (CATARC), a state-owned research institute, released a report entitled "2022 China Automotive Low Carbon Action Plan" in Beijing.

Trip.com Launches “LESS Carbon Neutral Plan”

On July 27, Chinese travel services platform Trip.com released its "LESS-Carbon Neutral Plan," pledging to gradually achieve carbon neutrality in its own operations, and to jointly launch at least 10,000 low-carbon travel products with its ecological partners.