The estimated total green financing required in China from 2020 to 2060 to achieve its carbon neutrality target is about 140 trillion yuan ($20.7 trillion) in the power, steel, transportation, construction and real estate sectors.
Chinese electric vehicle maker BYD on April 3 said it has stopped production of vehicles powered by fossil fuels, now focusing exclusively on electric and hybrid cars.
As other countries strive to reduce their own carbon footprints, China’s top state-owned rail company CRRC has been taking on an increasing number of international projects and cooperative arrangements.
During a virtual tour of an electric bus manufacturing facility on Tuesday, President Joe Biden lamented that the US is “running way behind China” in the scramble to develop and implement sustainable transport.
Carbon emissions resulting from China’s domestic Bitcoin mining operations may reach 130.5 million metric tons by 2024, surpassing the total of countries including the Czech Republic and Qatar, according to a study released on Tuesday.
The government of Inner Mongolia has ordered a halt to the construction of new cryptocurrency mining projects, and has vowed to shut down all existing mining farms by the end of April.
Inspired by China's Alipay Ant Forest initiative for a greener planet, the Philippines leading mobile wallet, GCash, is introducing a new green feature on the app called GCash Forest.
How many netizens will reduce their carbon footprint with Ant Forest to plant real trees? Alipay is serious about this ecological undertaking.