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2. Greenhouse Gas Emissions from State-Owned Enterprises: A Preliminary Inventory
- Author:
- Alex Clark and Philippe Benoit
- Publication Date:
- 02-2022
- Content Type:
- Special Report
- Institution:
- Center on Global Energy Policy (CGEP), Columbia University
- Abstract:
- State-owned enterprises (SOEs) play a major role in the production of goods and services across many of the world’s largest economies, particularly in electricity generation, oil and gas, and heavy industry. SOEs (defined in this report as companies for which 50 percent or more of voting shares are held by a government) are also major sources of greenhouse gas emissions. The governments that control these SOEs are also signatories to the Paris Agreement on climate change. State ownership provides these governments with a major direct point of control over the climate and energy outcomes of these companies, both in terms of reducing emissions and directing future investment into low-carbon technologies and infrastructure. Improving the measurement of SOEs’ contribution to both national and global-level emissions provides important information to help understand to what extent SOEs should be targeted and to design strategies to maximize their potential role in the broader energy transition. This report provides an accounting of direct emissions associated with SOEs globally. It is challenging to comprehensively identify every SOE, as the total is estimated at well over 100,000. In addition, most identified SOEs do not disclose their emissions nor are estimates of these emissions available in the public domain. Despite these limitations, data compiled for this report covering almost 300 major SOEs suggest that SOEs globally are responsible for at least 7.49 gigatons of carbon dioxide equivalent (GtCO2e) annually in direct (Scope 1) emissions. While the true scale of SOE-related emissions is likely to be substantially higher, particularly when accounting for national oil companies and iron and steel manufacturers that do not currently report their emissions, this figure is over 1 GtCO2e greater than various previous estimates, and larger than the total annual emissions of any country except China.
- Topic:
- Climate Change, Energy Policy, Environment, and Green Technology
- Political Geography:
- China, Asia, and Global Focus
3. Sustainable Development of Chitral: A CPEC Perspective
- Author:
- Asif Ali and Khalid Manzoor Butt
- Publication Date:
- 01-2021
- Content Type:
- Journal Article
- Journal:
- South Asian Studies
- Institution:
- Department of Political Science, University of the Punjab
- Abstract:
- The vision of sustainable growth of any community or region cannot be materialized unless provided with equitable socio-economic opportunities with environmentally friendly conditions. In the mountains of Hindukush, Chitral has remained significantly important from a geographic and strategic perspective. The piece of land in the extreme north of Pakistan is blessed with numerous natural resources and it is also a gateway to Central Asia. This valley is surrounded by rugged mountains, due to neglect and lack of land connection with the main country it has been deprived of the required development. The construction of the China Pakistan Economic Corridor (CPEC), an alternative passage through Chitral will bring economic opportunities through investment in different sectors. With the materialization of the CPEC route, the potential in the valley will be explored and utilized for the betterment of the country in the broader spectrum and the local economy will strengthen as well. The opening of this trade route will not only change the economic landscape of the valley but will change the sociology of the area. This mega venture along with economic opportunities will also generate challenges for the indigenous community. Expected opportunities will attract more businessmen and investors from outside. This migration process will open the door to social transformation along with challenges not only from an economic perspective but an indigenous cultural heritage of the society will be endangered. Only an inclusive and integrated development stratagem with the involvement and support of all stakeholders will lead to the sustainable economic growth of the valley. Further, the people-centric development approach will bring economic opportunities for the people, otherwise, there will be more challenges than opportunities. This research work has been conducted to investigate the expected challenges threatening sustainable growth of the community and region. Furthermore, it suggests policy guidelines based on empirical evidence for curtailing those challenges.
- Topic:
- Development, Energy Policy, Inequality, Green Technology, Renewable Energy, and Sustainability
- Political Geography:
- Pakistan, China, and Asia
4. China vs. US: The Green Energy Race
- Author:
- Katharine Klačanský
- Publication Date:
- 08-2021
- Content Type:
- Policy Brief
- Institution:
- Europeum Institute for European Policy
- Abstract:
- In her policy paper, Katharine Klačanský, Research Fellow at EUROPEUM Institute for European Policy, discusses the role of climate in geopolitics and provides an overview of the Chinese and American green investment plan and its implications for the future of fossil fuels.
- Topic:
- Climate Change, Energy Policy, Geopolitics, Green Technology, and Fossil Fuels
- Political Geography:
- China, Asia, North America, and United States of America
5. How Green is China’s Belt and Road Initiative?
- Author:
- Alice Politi
- Publication Date:
- 04-2021
- Content Type:
- Working Paper
- Institution:
- Istituto Affari Internazionali
- Abstract:
- China’s Belt and Road Initiative (BRI) has been described as the largest infrastructure project in history, affecting around 60 per cent of the global population. Whilst promoting a narrative of connectivity, growth and “win-win partnerships”, the project has received opposing assessments regarding its wider impact, particularly in the environmental domain.
- Topic:
- Climate Change, Infrastructure, Green Technology, and Belt and Road Initiative (BRI)
- Political Geography:
- China and Asia
6. Green Giants? China’s National Oil Companies Prepare for the Energy Transition
- Author:
- Erica Downs
- Publication Date:
- 09-2021
- Content Type:
- Special Report
- Institution:
- Center on Global Energy Policy (CGEP), Columbia University
- Abstract:
- On September 22, 2020, China’s leader, Xi Jinping, made a surprise announcement about China’s climate ambitions during remarks to the United Nations General Assembly. He stated that China, the world’s largest emitter of greenhouse gases (GHGs), aims to achieve carbon neutrality before 2060. Xi also said that China’s GHG emissions would peak before 2030, a slight revision to China’s pledge under the Paris Climate Agreement to peak emissions around 2030. China’s new climate targets spurred the country’s three major national oil companies (NOCs)—China National Petroleum Corporation (CNPC), China Petrochemical Corporation (Sinopec Group), and China National Offshore Oil Corporation (CNOOC)—to strengthen their climate ambitions. PetroChina (the flagship subsidiary of CNPC), which had already set a goal of achieving near-zero emissions by 2050, intends to peak its carbon emissions by 2025. Sinopec Corp. (the flagship subsidiary of Sinopec Group) also aims to peak its carbon emissions by 2025 and to achieve carbon neutrality by 2050. CNOOC Ltd. (the flagship subsidiary of CNOOC) plans to reduce its GHG emissions by 16 percent between 2020 and 2025 and aims to peak its carbon emissions before 2030 and achieve carbon neutrality before 2060. This report, part of the China Energy and Climate Program at Columbia University’s Center on Global Energy Policy, provides a baseline for understanding how China’s NOCs are responding to climate change. It examines the activities the three companies identified as part of their emerging energy transition strategies before Xi unveiled the carbon peaking and carbon neutrality targets, and why they didn’t do more. The report then assesses the implications of China’s new climate ambitions for its NOCs and lays out their preparations to date for supporting Xi’s 2030 and 2060 pledges.
- Topic:
- Energy Policy, Oil, Natural Resources, Infrastructure, and Green Technology
- Political Geography:
- China and Asia
7. Ambitious Plans and Economic Pragmatism - China in the Face of Climate Change
- Author:
- Marcin Przychodniak
- Publication Date:
- 10-2021
- Content Type:
- Special Report
- Institution:
- The Polish Institute of International Affairs
- Abstract:
- China’s policy on climate change mainly serves to improve its international image, increase the competitiveness of its economy, and strengthen the legitimacy of the Communist Party’s (CPC) power. China’s activities include the development of green technologies and the announcement of a plan to reduce greenhouse gas (GHG) emissions by around 2030. However, the plans are unevenly implemented, sometimes even contrary to expectations, as evidenced by the construction of new coal-fired power plants. The problem of satisfying the country’s energy needs while protecting the environment means that the EU and the U.S. should treat China’s pro-climate declarations with caution.
- Topic:
- Climate Change, Economics, European Union, Green Technology, and Pragmatism
- Political Geography:
- China and Asia