Sino-U.S. cooperation for carbon-restricted new energy vehicles to welcome the United States


The "China-U.S. Joint Climate Change Statement" covers development planning for clean vehicles and new energy vehicles from the central to the local, from capital to technology, and from energy development to bilateral trade. After the “Statement” was published, on November 19, the State Council issued a “Strategic Action Plan for Energy Development (2014~2020)” circular, which will make great efforts to develop natural gas and energy substitution as the main task, and explicitly proposed to “accelerate development”. Pure electric vehicles, hybrid cars and natural gas vehicles, to expand the transport fuel alternatives."

As the two countries with the largest carbon emissions in the world, the two major super economies, the United Nations Framework Convention on Climate Change, the Kyoto Protocol, and the global climate negotiations in recent years, have been coping with global climate change. In a state of disposition. On November 12th, the Joint Statement on Climate Change between China and the United States (hereinafter referred to as the “Declaration”) marks that the two countries have finally reached a consensus on the basis of their respective positions. This move will be aimed at China. The development of new energy vehicles and carbon emissions trading market can not be ignored to promote the role.

Sino-U.S. technology cooperation new energy vehicle welcomes opportunities

According to the "Declaration," the United States announced that it will achieve a goal of reducing emissions by 26% to 28% on a full-scale basis on the basis of 2005 in 2005, and China plans to achieve a peak value of carbon dioxide emission by 2030 and resolve to 2030. The proportion of non-fossil energy in primary energy consumption will be increased to about 20% annually.

The "Declaration" and the various European Union's commitments to reduce emissions have shown that the world's major economies have no longer hesitated to develop a low-carbon economy and will have a significant impact on the future global economic transformation. . For China, the promise of a carbon emission peak means that the “ceiling” of industrialization and urbanization has been quantified and determined. While the domestic energy structure and industrial restructuring have brought great pressure for transformation, new energy companies will welcome Come to better opportunities.

As ordinary people, although reporters are worried about the future high coal-fired enterprises will be accelerated shut down or forced to stop at high costs, they think that the total carbon emission control will restrain the local government’s economic behavior and promote its solution to public concerns. Contaminated by haze, my heart is still overjoyed. On the other hand, this "Declaration" is undoubtedly a good thing for the development of new energy vehicles, and it has strong continuity.

The "Declaration" clearly stated that in order to drive new zero-carbon and low-carbon technology inventions and extensions, and enhance the ability of countries to reduce emissions, China and the United States, the world's two largest clean energy investment countries, will establish a mature energy technology cooperation program. In addition, we carried out various tasks relating to new energy vehicles.

First, the China-U.S. Climate Change Working Group has been established, and under this working group, initiatives on automobiles, smart grids, energy efficiency, etc. have been initiated.

Second, the China-U.S. Clean Energy Research Center was established to promote the cooperation between the two sides in carbon capture and storage technology, building energy efficiency, and clean vehicles.

The third is to expand joint research and development of clean energy and continue to support the China-U.S. Clean Energy Research Center, including continuing to provide financial support for the three existing research areas such as building energy efficiency, clean vehicles, and advanced coal technologies.

In addition, both China and the United States plan to continue to strengthen cooperation in advanced coal technologies, nuclear energy, shale gas and renewable energy to help the two countries optimize their energy structure and reduce their emissions, including those generated from coal; and launch climate smart/low carbon cities. Initiative to address the ongoing urbanization and increasing urban greenhouse gas emissions, fully exploit the potential of local leaders to take major climate actions, and promote green product trade to encourage bilateral cooperation in sustainable environmental products and clean energy technologies trading. From this it can be seen that the "Statement" covers the development planning of clean vehicles and new energy vehicles from the central to the local, from capital to technology, from energy development to bilateral trade, etc.

After the “Statement” was published, on November 19, the State Council issued another circular of the “Energy Development Strategic Action Plan (2014~2020)” (hereinafter referred to as “the Plan”), which will vigorously develop natural gas and energy alternatives. The main tasks are clearly stated to “accelerate the development of pure electric vehicles, hybrid vehicles and natural gas vehicles, and expand the scale of transport fuel oil substitution”, expressing the determination of the central government to promote new energy vehicles. If local governments can also take into account the role of low-carbon urban development routes in promoting the economy, many obstacles to the new energy automobile market due to local protectionism will gradually disappear.

Carbon trading market boosts clean energy gains

Another possible impact of the "Declaration" will be the warming of the carbon emissions trading market.

Since the signing of the "Kyoto Protocol," carbon emissions trading has used the market mechanism as a new way to solve the greenhouse gas emission reduction problem represented by carbon dioxide, that is, the right to carbon dioxide emissions as a commodity, thus forming a carbon dioxide emissions trading rights.

Due to a long time ago, the United States had a negative attitude toward the "Kyoto Protocol", leading the EU to play a leading role in exploring global carbon finance, and it was leading in terms of transaction size, financing channels, environmental protection technologies, and trading system innovation. . At present, the European Union has already participated in carbon trading, such as the European Climate Exchange, the Northern Electric Exchange, the Future Power Exchange, and the European Energy Exchange. The transaction volume and transaction volume all rank first in the world, and the euro is also the major price settlement currency in the global carbon finance market. .

At the same time, the EU has also made achievements in the institutional innovation of carbon trading. In addition to internal emissions trading, the EU has also established a market through the Clean Development Mechanism (CDM) and emerging markets in developing countries such as China, India, Brazil, and Mexico. The link creates an important platform for global carbon trading.

Affected by the financial crisis and the quotas issued by the European Union, the transaction price of carbon emissions in Europe has decreased significantly in recent years, affecting the carbon trading market to some extent. The publication of this “Statement” means that the United States is likely to take this opportunity to use its strong economic position to make efforts in the carbon emission market, and associate it with the official launch of the Asia Pacific Free Trade Area at the just-concluded 2014 APEC summit. Developing countries and developed countries throughout the Asia Pacific region may have closer links with the United States in carbon emissions trading.

For China, which is vigorously promoting new energy vehicles, policies and markets must play a role in allocating resources to promote energy conservation and emission reduction. Compared with the administrative means of policies, the market mechanism of carbon trading is more flexible and transparent, and it can reduce the financial burden on the government. This kind of cost-effective approach will not be limited in the development of local governments in China in the future.

At present, Beijing, Shanghai, Chongqing, Tianjin, Hubei and Guangdong provinces and cities are already conducting carbon trading pilots. They are mainly aimed at the development of auto companies in the production process and the development of large bus companies such as bus companies, and they plan to establish a unified national economy by 2015. Carbon trading platform. In the Chinese carbon trading market, which is well-regarded throughout the world, there is no doubt that the automotive industry has a lot of room to operate. Subsidies for new energy vehicles in the current country can only be regarded as temporary measures. In the long run, with the improvement of carbon trading methodology, it will have even greater applications in the automotive industry in the future.

Looking at carbon emissions control in Europe, which has been at the forefront of the world, in November last year the European Union had reached an informal agreement to require the reduction of the average carbon dioxide emissions per kilometer of new cars sold in EU countries from the current 130 grams to 95 grams by 2020. . Those EU manufacturers that plan to produce carbon dioxide emissions exceeding the standard must produce ultra-clean cars that emit less than 50 grams of carbon dioxide per kilometer. Although China’s commitment to increase the proportion of non-fossil fuel energy structure by 20% by 2030 is not difficult to achieve (because China had previously planned to reach 15% in 2020), the government will not adopt aggressive measures in a short period of time. The European Union’s approach, market resistance is also not allowed, but the future development of new energy and clean energy vehicles is bound to be promoted by the realization of this goal.

It is worth mentioning that among the series of bilateral cooperation agreements signed by China and Russia on November 9th, the most striking one is that China and Russia once again signed a large energy bill. According to the agreement, Russia will provide an additional 30 billion cubic meters of natural gas annually to China over the next 4 to 6 years for a period of 30 years. Prior to this, China and Russia had just signed a $400 billion agreement in May to supply China with 38 billion cubic meters of East Siberian gas to China. The total amount of natural gas involved in the two agreements signed has accounted for 17% of China's consumption before 2020. When this new signing of the natural gas agreement begins, China will surpass Germany to become Russia’s largest natural gas customer. With adequate gas source protection, China's gas engine and natural gas vehicle market dominated by public transport vehicles such as buses and taxis will undoubtedly get greater development.



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