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Treasury Finalizes Carbon Capture Tax Credit Regulations

The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit. Key Points: ..The IRS finalized the third set of rules in a series of regulatory guidance...more

NY Legislation Sets Bold Climate Change Goals

Examining the regulatory framework of New York’s legislative climate change initiative — the Community Leadership and Community Protection Act. On Thursday, July 18, 2019, New York Governor Andrew Cuomo signed into law the...more

Green Bonds Offer a Solution for China’s Green Finance Challenges

Since establishing the People’s Bank of China’s Green Finance Task Force in 2014, China has encouraged green financing mechanisms through a variety of pioneering initiatives. For example, the country has designated five green...more

President Xi Jinping Pledges Sustainable Development to Build a “Beautiful China”

At the 19th National Congress of the Chinese Communist Party, President Xi Jinping asserted his country’s emerging leadership in environmental stewardship and pledged to build a “beautiful China”. In his speech to the 2,300...more

China Dominates Global Investments in Renewable Energy

Market research has long recognized China as the largest investor in its own domestic renewable energy industry. According to Bloomberg New Energy Finance, China invested US$102 billion in 2015 alone....more

China Will Issue “Green Certificates” for Renewable Energy

China’s National Development and Reform Commissions (NDRC) – the country’s chief economic planning body – announced that a “green certificates” program for solar and wind power will be launched beginning on July 1, 2017. The...more

2/17/2017  /  China , NDRC , Renewable Energy

China Continues to Lead Global Investment in Solar and Wind Projects But Curtailment Remains an Issue

According to a recent report released by Clean Energy Pipeline, global clean energy backing in the first half of 2016 totalled US$116.4 billion. China was the largest investor, financing US$15.3 billion worth of solar and...more

China Ramps Up Renewables

China has made notable strides to transition towards a lower-carbon economy. Most recently, local authorities were ordered to halt construction of coal-fired power plants in 13 provinces where capacity already outstrips...more

China Gives Green Light for Green Bonds

China launched a green bond pilot initiative via the Shanghai Stock Exchange, encouraging further foreign investment in a rapidly growing asset class and paving the way for issuances by non-financial institutions....more

What Does COP-21 Mean for Business?

6 Answers From Around the Globe - The historic COP-21 Paris Agreement on climate change is the first major development in the climate area at the international level since adoption of the Kyoto Protocol in...more

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