Environment


China shuts down rare earth plants over ‘environmental concerns’ 

China shuts down rare earth plants over ‘environmental concerns’ 

(ATF) China’s Environment Agency, previously a toothless dragon, has suddenly announced a rollout of rare earth production shutdowns – at the same time as the country’s international rivals scramble to find alternative rare earth sources around the globe.The Central Ecological and Environmental Protection Inspection Team is to carry out inspections …

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Bridging the ESG gap in China 

Bridging the ESG gap in China 

(ATF) Clean energy funds made up 70% of China’s ESG fund assets under management and accounted for over 90% of the net sales collected in 2020. This is largely due to strong outperformance, as ESG – Environmental, Social and Corporate Governance – investing remains primarily retail driven in China. China’s …

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Bezos will spend $10bn in 9 years on climate

Bezos will spend $10bn in 9 years on climate

(ATF) Billionaire Amazon boss Jeff Bezos will spend $10 billion in the next nine years to help fight global warming.The businessman’s Earth Fund, set up earlier this year with $10 billion from his own pocket, plans to invest the money in companies geared towards fighting climate change by 2030, according …

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Keeping sustainable investment real in a world of greenwashing 

Keeping sustainable investment real in a world of greenwashing 

(ATF) The term “greenwashing” was created in the 1980s when companies professed – via media and advertising – to be kind to the environment, while actually engaging in environmentally unsustainable practices. Oil and gas companies were seen as examples of this.Today greenwashing has become more sophisticated, aided by the lack …

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Rise of EVs spells end of the oil era

Rise of EVs spells the end of the oil era

(ATF) Falling battery prices, environmental concern and electrification of transportation by crude-dependent countries like India and China could bring the oil era to an end, a strategist at financial think tank Carbon Tracker told Asia Times Financial on Friday.China’s has set a target for 20% of all cars on its …

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China must nix its coal addition to reach carbon neutral pledge

China must nix its coal addition to reach carbon neutral pledge

(ATF) Beijing had seemingly bitten off more than it can chew when it announced in late September that the country of 1.4 billion people will become carbon neutral by 2060, while ensuring that green-house gas emissions would peak by next decade.When Chinese President Xi Jinping made his surprise announcement to …

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