US-China climate agreement

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

*renews at 199$/year, cancel anytime before renewal.

The United States and China have agreed on the need to make stronger commitments against climate change.
These will have to be introduced before a new round of international negotiations at COP26 scheduled for early November 2021 in Glasgow.

A promising climate agreement

The climate agreement between the United States and China follows discussions between representatives of the two countries.
Xie Zhuenhua and John Kerry met in Shanghai on Thursday and Friday, April 15 and 16.
The message of the cooperation agreement is clear and binding: reduce greenhouse gas emissions.
Actions will be taken, including energy storage, carbon capture andhydrogen development.
They will also fund developing countries to develop energy sources that emit less carbon.

The first visit to China by a member of the Biden administration

John Kerry’s visit marks the first by a Biden administration official to China since his inauguration.
While my two countries have many points of difference, when it comes to climate, the two superpowers seem to be on the same wavelength.

Compliance with the Paris Agreement

According to the statement, the two states will continue to discuss concrete actions to meet the commitments made when the Paris Agreement was signed.
Brought forward following the COP 21 debates, the international agreement aims to contain the rise in average temperatures to below 2°C by the end of the century.

Breaking with Donald Trump’s climate policy

The resumption of climate talks marks a turning point for the United States since the end of Donald Trump’s term in office.
Indeed, he had withdrawn from the Paris Agreement at the start of his term, considering that it threatened American businesses.
The resumption of talks between the world’s two biggest carbon emitters is now back on track.

Active participation in the fight against climate change

This week, Joe Biden will be holding a virtual summit on climate change with twelve heads of state, open to the public.
In so doing, he hopes to win back the trust of America’s allies in the fight against global warming, which was badly shaken during the previous term.
Following the meeting, China announced that it would soon respond to the United States’ commitments.
The next international summit on global warming, COP 26, will be held in Glasgow from November 1 to 12, 2021.

The US Energy Information Administration reschedules or cancels several publications, affecting the availability of critical data for oil, gas and renewables markets.
Brazilian authorities have launched a large-scale operation targeting a money laundering system linked to the fuel sector, involving investment funds, fintechs, and more than 1,000 service stations across the country.
A national study by the Davies Group reveals widespread American support for the simultaneous development of both renewable and fossil energy sources, with strong approval for natural gas and solar energy.
Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
First suspect linked to the Nord Stream pipeline explosions, a Ukrainian citizen challenged by Berlin opposes his judicial transfer from Italy.
Ukrainian drones targeted a nuclear power plant and a Russian oil terminal, increasing pressure on diplomatic talks as Moscow and Kyiv accuse each other of blocking any prospect of negotiation.
A Ukrainian national suspected of coordinating the Nord Stream pipeline sabotage has been apprehended in Italy, reigniting a judicial case with significant geopolitical implications across Europe.
Russia continues hydrocarbon deliveries to India and explores new outlets for liquefied natural gas, amid escalating trade tensions with the United States.
The South Korean government compels ten petrochemical groups to cut up to 3.7 million tons of naphtha cracking per year, tying financial and tax support to swift and documented restructuring measures.
Azerbaijani energy infrastructure targeted in Ukraine raises concerns over the security of gas flows between Baku and Kyiv, just as a new supply agreement has been signed.
The suspension of 1,400 MW of electricity supplied by Iran to Iraq puts pressure on the Iraqi grid, while Tehran records a record 77 GW demand and must balance domestic consumption with regional obligations.
The U.S. Department of Energy has extended until November the emergency measures aimed at ensuring the stability of Puerto Rico’s power grid against overload risks and recurring outages.
Under threat of increased U.S. tariffs, New Delhi is accelerating its energy independence strategy to reduce reliance on imports, particularly Russian oil.
Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
With a new $800 million investment agreement, Tsingshan expands the Manhize steel plant and generates an energy demand of more than 500 MW, forcing Zimbabwe to accelerate its electricity strategy.
The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.
U.S. electric storage capacity will surge 68% this year according to Cleanview, largely offsetting the slowdown in solar and wind projects under the Trump administration.
Around 80 Russian technical standards for oil and gas have been internationally validated, notably by the United Arab Emirates, Algeria and Oman, according to the Institute of Oil and Gas Technological Initiatives.
Baghdad and Damascus intensify discussions to reactivate the 850 km pipeline closed since 2003, offering a Mediterranean alternative amid regional tensions and export blockages.
A nationwide blackout left Iraq without electricity for several hours, affecting almost the entire country due to record consumption linked to an extreme heatwave.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.