TTP Newsletter Archive
Browse TTP’s quarterly newsletters on your browser or as PDFs in chronological order below.
September 2024
First Round of China’s National Carbon Market Expansion Underway
Since the “Report on the Work of the Government” published in March emphasized the need to “expand the scope of the national carbon market,” discussions and calls for expansion have intensified. In September, a consultation draft was released to initiate the first round of expansion, bringing the cement, steel, and aluminium industries into the carbon market. What implications does this hold for industries and carbon emissions trading? In this month’s issue, TTP will focus on the first expansion of China’s national carbon market.
August 2024
After Ten Years of Achievement, What’s Next for China’s Energy Transition?
On August 29th, China’s State Council Information Office released a white paper titled “China’s Energy Transition,” which spotlights the transition and evolution in China’s energy consumption, supply, technological systems, and international collaborations over the past ten years. In this month’s edition, we delve into the white paper to explore the most recent developments and trends in China’s energy transition, focusing on energy consumption, energy supply, and the dual carbon goals.
July 2024
Accelerating Market-Based Power Reform under Extreme Weather Challenges
In July, the Third Plenary Session of the Central Committee made a series of important arrangements to improve China’s green development mechanism, highlighting the need to accelerate the country’s new energy transition. In this issue, TTP focuses on the power market transition and its role in ensuring the security and stability of the power system, which remains a tough task as extreme weather events and the instability of renewable power continue to pose a challenge.
June 2024
International Trade Barriers Getting Higher Despite Progress on Climate Cooperation
China’s summer heat is coming earlier than in previous years, and climate events are becoming more complicated and extreme. As we hear the countdown toward the end of China’s 14th Five Year Plan in 2025, more policies and regulations for energy conservation and carbon reduction are being issued to keep up with national targets. But first, a word about the increasingly tense climate-trade nexus between China, the US and the EU with ongoing climate dialogues and cooperation.
May 2024
Price Up, Allowance Down, China's Carbon Market Moves into High Gear
In May, growing accusations of overcapacity in China’s clean energy sector sparked a flurry of reaction in the Chinese media, with some voicing opposition and others expressing concern. And after years of effort, the light seems to be shining on the adoption of China’s latest draft energy law. But first, the dormant carbon market is becoming more active as the carbon price rises to historically high levels.
Spring 2024
Unleashing New Quality Productive Forces for Economic Growth and Green Transformation
In this spring issue, TTP has curated several perspectives and discussions to provide readers with a clearer understanding of the role of new quality productive forces, particularly within the energy sector.
Winter 2023
Chinese climate scientists’ recent studies on impacts and attribution
In this winter edition of the TTP newsletter, we collect recent studies carried out by Chinese scientists that explain how climate change is affecting China and its various regions and examine the role of climate change in specific local extreme weather events.
Autumn 2023
Competition or collaboration? How do Chinese stakeholders view the climate-trade nexus?
The intertwining of climate and trade issues is on the rise, notably reflected in the increasing requirements and restrictions on high-carbon products within trade policies. A prime example is the Carbon Border Adjustment Mechanism (CBAM) – the EU’s new regulation designed to prevent carbon leakage. But CBAM has sparked controversy. As a leading global exporter, China does not endorse the rationale behind this mechanism.
Summer 2023
Did extreme weather advance the climate discussion in the Chinese media?
It was a challenging summer for many regions in China. Heatwaves, typhoons, storms, and floods…extreme weather events occurred one after another, testing society’s resilience in every dimension. Beijing was on the front line. The capital city recorded its hottest June day in over 60 years, reaching 41.1°C. Just a few weeks after experiencing a prolonged heatwave, Beijing received the heaviest rainfall in 140 years, which led to 33 deaths.
Spring 2023
How climate was talked about during China's 2023 Two Sessions?
The climate landscape in China has always been complex and it is getting even more so. One example of the tug-of-war between economic development and environmental protection – while there is growing momentum on transitioning to a clean economy, there is also an emphasis on coal energy as the bedrock of China’s energy security.
