PBOC Governor Vows to Limit Investment in Carbon Assets
Bloomberg 4 hrs ago Bloomberg News © Photographer: Emmanuel Wong The People s Bank Of China (PBOC) in the Financial Street in Beijing, China.
(Bloomberg) China’s central bank will limit investment of the country’s foreign exchange reserves in high-carbon assets as part of the nation’s efforts to cut carbon emissions and move toward a greener economy, Governor Yi Gang said.
“We will continue to increase the allocation of green bonds in foreign exchange reserves, and limit investments in high-carbon assets,” Yi said at a panel discussion at the Boao Forum on Asia in Hainan province on Tuesday.
В Кремле дали обещание Донбассу | Российский Диалог
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进出2102 : THE CEXIM AGENCY BOND TENDER ANNOUNCEMENT ON 21 APRIL 2021- CFi CN 中财网
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Battery storage: the next oil – and gas? [GasTransitions]
Apr 14, 2021 7:15:am
Summary The race for battery storage capacity is on. In countries like Australia and the US, an increasing number of ever-larger battery grid storage projects are being announced. [Gas Transitions Volume 2, Issue 3]
by: Karel Beckman
The race for battery storage capacity is on. In countries like Australia and the US, an increasing number of ever-larger battery grid storage projects are being announced. They are likely to increasingly replace gas-fired back-up power plants. At the same time, China, the US and Europe are in a race to build battery gigafactories to supply the growing EV market. According to Simon Moores of Benchmark Mineral Intelligence, we are on the verge of a “global lithium-ion economy”.