China’s First Steps in Nationwide Emissions Trading

China is poised to announce a national carbon emissions trading system this week. The start of the program is likely to be far less ambitious than originally hoped for. Nevertheless its overarching goal remains admirable.

China likely won’t address many details yet, experts in China and the U.S. say. There are issues of monitoring, reporting, and verification. The program still needs baseline data. And the Chinese are unlikely to say much about the regulatory requirements or what sectors will be covered. There’s a decent chance that the trading scheme will cover the power sector.

It’s not surprising that China is not yet ready to launch a full-scale program. As a point of reference, California took several years to launch its own cap and trade program. China’s program will be much larger than California’s. Just four years ago, China launched seven pilot programs in emissions trading in various locations across the nation. At the same time, it set an extremely ambitious target to kick off a national program this year.

Experts say to watch the process in which China incrementally builds up its emissions trading program to a national scale. The irony is that China is seizing the initiative to construct a national emissions trading program using capital markets. That’s the farthest thing from the Trump Administration, which instead is hell bent to promote the coal industry and withdraw from the Paris accord.

E-bus Panel Recording Ready!

Missed our terrific October panel on the future of e-buses in China and the U.S.? Listen to it here! You can download the file to your phone, etc.

Here’s the lineup of speakers:

David Sawaya, PG&E’s lead on the CPUC proposal.
Andy Swanton, vice president, BYD, China’s largest EV manufacturer.
Dean Taylor, SCE’s senior scientist on EVs and lead on the CPUC proposal.
Yunshi Wang, UC-Davis, Director, China Center for Energy and Transportation
John Boesel, CEO, CALSTART, moderator

 

 

Electric Buses: A Promising Future in China, US

From left, John Boesel, CEO, CALSTART; Andy Swanton, vice president, BYD, China’s largest EV firm; Marjorie Sun, Alliance executive director; Dean Taylor, EV expert, SCE; David Sawaya, EV expert, PG&E; Yunshi Wang, director, UC-Davis, China Center for Energy and Transportation

 

Read all about the e-bus panel the Alliance organized Oct. 20, 2017 in E&E News by reporter Debra Kahn.

Chivas Lam Joins the Alliance Board

The Alliance is pleased to announce that Chivas Lam joined the Alliance board this month. Lam is a managing partner and cofounder of a China-U.S. firm, MNL Partners. It develops clean energy projects and joint ventures by pairing Chinese capital with U.S. innovators. It also has offices in San Francisco and Boston.

Lam, who is based in Shanghai, was previously a venture partner at a $2.7B firm, Qiming Ventures, where he focused on clean energy investments. Qiming, headquartered in Shanghai, was founded by American Gary Rieschel.

Upcoming Panel: “China, U.S. Race the Deploy e-Buses”

 

City buses go electric by BYD in Xian, China. Hundreds of millions of dollars are at stake in the U.S. and China in developing the market for e-buses and charging infrastructure.

City buses by BYD go electric in Xian, China. Hundreds of millions of dollars are at stake in the U.S. and China in developing the market for e-buses and charging infrastructure. Photo/BYD

Join the Alliance for a lively discussion on Oct. 20 about the future of electric buses and trucks. With experts in EV manufacturing and energy from China and the US, we’ll explore how both countries can take advantage of this technology to cut carbon emissions and boost the economy.  Click here for tickets and venue. The panelists will discuss:

  • PG&E’s and SCE’s $824 million proposals now before California regulators to build charging infrastructure and launch innovative rate schemes.
  • Why there are so many more e-buses on China’s roads than in the U.S?
  • What can China and the U.S. learn from each other to accelerate adoption of electric buses and trucks, to influence public policy, financing, and technology?

Confirmed panelists include:

  • David Sawaya, PG&E’s lead on the CPUC proposal.
  • Andy Swanton, vice president, BYD, China’s largest EV manufacturer.
  • Dean Taylor, SCE’s senior scientist on EVs and lead on the CPUC proposal.
  • Yunshi Wang, UC-Davis, Director, China Center for Energy and Transportation

(Full disclosure: PG&E and SCE are Alliance donors.)

For tickets, click here. Early bird pricing through Oct. 12, 2017. Buy now and save! Space is limited.