An opportunity? Which are the companies in the air pollution industry? High time for a research topic on air pollution...
China to invest S$348b to curb air pollution: State media
BEIJING — China will spend 1.7 trillion yuan (S$348 billion) to tackle air pollution over the next five years, a state newspaper reported yesterday, highlighting how the issue has become a priority for the leadership.
The amount is more than the total economic output of Hong Kong last year and underlines how the government is eager to bring about a visible improvement in China’s bad air, which has become a source of discontent among its citizens and tarnished the country’s image abroad. Last year, Hong Kong’s gross domestic product was US$263 billion (S$333 billion).
http://www.todayonline.com/chinaindia/ch...tate-media
Coal industry or any other industry which have environmental concerns (i.e. lead battery?) will have regulatory risks.
Low-CV coal producers like Geo Energy will be affected.
China's proposed low CV thermal coal import ban close to being suspended: trade
http://www.platts.com/latest-news/coal/P...n-26076345
China's twice-revised proposal to ban some imports of lower calorific value thermal coal, predominantly from Indonesia, and some US higher-sulfur thermal coal, was close to being suspended as a pretext to being quietly dropped, according to market sources Thursday.
Reports began filtering through the Chinese coal market from traders Thursday that the government agency drafting the imports ban, the National Energy Administration, has decided to suspend its implementation of the ban, which has faced concerted opposition from Chinese power companies.
A trader at one of China's largest five power generation companies said he had read reports about the possible suspension of the imports ban and gave his interpretation of what it might mean for the market.
"Looks like it is delayed," said the trader, commenting on the proposed coal imports ban...
Good point... should also look from negative side i.e. stocks to avoid or short...
(26-07-2013, 10:39 AM)dzwm87 Wrote: [ -> ]Coal industry or any other industry which have environmental concerns (i.e. lead battery?) will have regulatory risks.
Low-CV coal producers like Geo Energy will be affected.
China's proposed low CV thermal coal import ban close to being suspended: trade
http://www.platts.com/latest-news/coal/P...n-26076345
China's twice-revised proposal to ban some imports of lower calorific value thermal coal, predominantly from Indonesia, and some US higher-sulfur thermal coal, was close to being suspended as a pretext to being quietly dropped, according to market sources Thursday.
Reports began filtering through the Chinese coal market from traders Thursday that the government agency drafting the imports ban, the National Energy Administration, has decided to suspend its implementation of the ban, which has faced concerted opposition from Chinese power companies.
A trader at one of China's largest five power generation companies said he had read reports about the possible suspension of the imports ban and gave his interpretation of what it might mean for the market.
"Looks like it is delayed," said the trader, commenting on the proposed coal imports ban...
(26-07-2013, 09:38 AM)CityFarmer Wrote: [ -> ]An opportunity? Which are the companies in the air pollution industry? High time for a research topic on air pollution...
China to invest S$348b to curb air pollution: State media
BEIJING — China will spend 1.7 trillion yuan (S$348 billion) to tackle air pollution over the next five years, a state newspaper reported yesterday, highlighting how the issue has become a priority for the leadership.
The amount is more than the total economic output of Hong Kong last year and underlines how the government is eager to bring about a visible improvement in China’s bad air, which has become a source of discontent among its citizens and tarnished the country’s image abroad. Last year, Hong Kong’s gross domestic product was US$263 billion (S$333 billion).
http://www.todayonline.com/chinaindia/ch...tate-media
If you spend so much money and the return is just clean air then what about the electricity that you still need? If you still burn coal for it then then pollution goes back to dirty the air that you just cleaned doesn't make sense.
So I think with this much money they could be thinking to build nuclear power plants. 1 power plant cost 4-5 billion, with 333 billion it should be enough to build 80 nuclear power plant.
Further news update on China air pollution... Base on my experience, the air pollution already improved quite a bit, comparing with 10 years ago...
China air pollution triple WHO’s recommended levels
BEIJING — Air pollution in China’s largest cities, as measured by the concentration of fine particulates that pose the greatest health risk, was three times worse in the first half of the year than levels advised by the World Health Organization (WHO).
The average concentration of PM2.5 particulates in 74 cities monitored by China’s Ministry of Environmental Protection was 76 micrograms (mcg) per cubic metre in the first six months, the agency said in a statement yesterday. That compares with the WHO’s recommendation of no higher than 25 for day-long exposure.
http://www.todayonline.com/chinaindia/ch...ded-levels
Hmm... four cities out of 658 cities in China (according to wikipedia link below)...
http://en.wikipedia.org/wiki/List_of_cities_in_China
Only four Chinese cities have acceptable air quality: Report
BEIJING — People who want to live in a Chinese city with acceptable air quality can try the Tibetan capital of Lhasa, the island city of Haikou, the coastal town of Zhoushan or the Pearl River Delta city of Huizhou.
That’s it. No other major population centre in the country makes the cut, according to a report by China’s Environment Ministry on air pollution in the first half of this year.
http://www.todayonline.com/chinaindia/ch...ity-report
Wow CityFramer, the figures are abysmal. After experiencing haze in Singapore, I cannot imagine living in that quality of air for a prolonged period of time. It causes damage to our lungs, eyes, throat, and may cause respiratory infections or asthma.
I remember reading in Sound Global's AR, how China has allocated a rather massive amount to tackle clean water and Sound Global was a direct beneficiary, it is high-time that we search for air management companies listed in SGX.
http://articles.washingtonpost.com/2013-...d-air-days
(05-08-2013, 10:18 AM)kelvesy Wrote: [ -> ]Wow CityFramer, the figures are abysmal. After experiencing haze in Singapore, I cannot imagine living in that quality of air for a prolonged period of time. It causes damage to our lungs, eyes, throat, and may cause respiratory infections or asthma.
I remember reading in Sound Global's AR, how China has allocated a rather massive amount to tackle clean water and Sound Global was a direct beneficiary, it is high-time that we search for air management companies listed in SGX.
http://articles.washingtonpost.com/2013-...d-air-days
Yes, I will say high-time to research for air management related knowledge, as a preparation for treasure hunts in air pollution related industrial...
Further news update on "pollution".
There were numbers provided, existing 2.3 trillion RMB investment, further new plan will create a industry with 4.5 trillion RMB turnover by 2015...Hmm...
Beijing to spend more to tackle pollution
BEIJING — China plans to accelerate investment in technology to save energy and tackle the dire pollution blamed for a series of health crises that have generated widespread public anger.
The government has been increasingly alarmed by social unrest caused by environmental disasters and threats to public health, often the result of the country’s breakneck industrial expansion and mass migration to new cities.
Smog over northern cities in January generated a public outcry, as did the discovery in March of thousands of rotting pig carcasses in the Huangpu river, which supplies most of Shanghai’s drinking water. Days after, more than 1,000 dead ducks were found dumped in a river in south-western Sichuan province.
The country’s Cabinet, the State Council, said on Sunday that environmental protection would be elevated to a “pillar industry” that would receive government support in the form of tax breaks and subsidies.
China is already investing 2.3 trillion yuan (S$470 billion) in energy savings and emissions reduction in the five years through to 2015, the state media has said.
The council said the new plan would ensure the environmental protection industry grows by 15 per cent annually, generating turnover of 4.5 trillion yuan by 2015.
http://www.todayonline.com/chinaindia/ch...-pollution