Carbon analyst at ClearBlue Markets @CB_Markets #EUETS. Research Associate 🇬🇧OIES. Economist and Power Modeller. also on yanqin.bsky.social. 🇳🇴🇨🇦🇳🇱
Joined September 2013
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In Liu Cixin's 3 Body Problem universe, Zhizi (智子), known as Sophon in English translations, is a pair of highly advanced, sentient supercomputers deployed by the Trisolarans (San-Ti) to cripple human scientific progress.
#AI #opensource
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Furthermore, in the recent exchanges with China-based experts, I increasingly hear the word 'total carbon emissions 总量', both in the context of #ETS Cap and related to Dual Control.
So the recognition of an eventual switching from intensity-to absolute emissions might also be under way📉
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The EU wants to extend charges for carbon emissions to foreign flights and use the revenue to support its transition to clean energy.
The proposal is part of a reform of the #EUETS
bloomberg.com/news/articles/…
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...on another note, China has stated in the high-level guideline that its national carbon market will expand to cover Civil Aviation sector, at the latest by 2027. #CarbonPricing
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The EU ETS has provided substantial support to the uptake of SAF
and an extension of the scope would not only cover a greater amount of emissions, but it would also increase revenues from €3 billion in 2024 to an additional €7 billion. This increase in revenue would help to accelerate the decarbonisation of the aviation sector.
transportenvironment.org/art…
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China is preparing to spend $295 billion over five years on building data centers across the country #AI
The idea is to rely on local suppliers including Huawei for at least 80% of technology such as AI chips
bloomberg.com/news/articles/…
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🏭Since the launch of trading in July 2021, China's national carbon market #ETS now covers four sectors: power generation, steel, cement, and aluminum smelting, including more than 3,300 enterprises and 8.2 billion tons of emissions, making it the world's largest carbon market.
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Yan Qin retweeted
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It's early, but June figures are showing a signifcant increase in LNG imports by Chinese buyers. The numbers imply spot buying to cover some of the losses from Qatari contracted volumes; an unequivocally bullish sign given the country's higher pricing threshold. @ColumbiaUEnergy
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Yan Qin retweeted
Hormuz has been shut for over 3 months. Why isn’t oil $200?
🇺🇸 Record US exports
🇨🇳 Sharp/unexpected drop in Chinese demand
🛢️ Pre-war surplus and SPR releases
🗺️ Gulf producers reroute some supply
bloomberg.com/news/articles/…
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The EU is developing plans to cut taxes on renewable energy and make electricity systems more flexible as high costs continue to weigh on the region’s economy bloomberg.com/news/articles/…
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