Tag

Sustainability

Sinolytics Radar

Emissions trading: The new player is not yet scoring any goals

Since Xi Jinping’s announcement that China will reach carbon neutrality by 2060, companies are trying to figure out, how China’s decarbonization agenda will impact their business. But so far, trading is not taking off. Limited scope, high volume of freely-allocated allowance, and limitation of market participants led to a lackluster start of China’s new carbon market, concludes consulting firm Sinolytics.

By Redaktion Table

Feature

Between coal and climate protection: China ahead of COP26

Shortly before the COP26 climate summit in Glasgow kicks off, the global energy crisis is hitting China particularly hard. The government is ramping up coal-fired power generation following blackouts across the country. At the same time, President Xi is announcing a massive program for solar and wind. How much longer is China able to rely on both – and still reach carbon neutrality by 2060? That will be one of the key questions of the climate conference.

By Christiane Kuehl

Opinion

Accommodating China is unavoidable

"Absolute national security" might have been a reasonable goal for the US when the country stood at the helm of a unipolar world order. But in today’s world, attempting to “contain and confront” those with different values or systems, rather than negotiating a new global compact that accommodates them, is a recipe for conflict.

By Redaktion Table

Achim Berg ist Präsident des Telekommunikationsverbands Bitkom
Opinion

Starting signal for the digital awakening

The new German government has a lot of catching up to do when it comes to digitization. Achim Berg, President of Bitkom, the industry association for information and telecommunications, believes that the future coalition should tackle the tasks at hand better, more boldly and more decisively in order to secure growth and prosperity in the long term.

By Redaktion Table

Feature

Central banks in a bind over the climate crisis

The climate crisis threatens financial and price stability and has put central banks on notice. Banks are still investing billions in fossil fuel industries. Are the Chinese and European central banks doing enough to fight climate change?

By Nico Beckert