china

A senior provincial official recently told China Daily that Chinese financing for clean energy may reach 8 trillion yuan, and China may issue yuan-denominated "green bonds" to meet financing demands.

Gao Cailin, director general of the Office of Financial Affairs of Jilin Province, said that "The soaring demand would create huge space for development of 'green finance'."

> Amazing scenes in the negotiator's Plenary today, with Tuvalu rep arguing and China resisting - both politely but in a very determined way - that a treaty has to limit global temperature increases to 1.5 degrees and to reduce CO2 in the atmosphere to 350ppm. No resolution yet.

> Hot news: Indonesia announced it's proposing a feed-in tariff for geo-thermal energy. Apparently they have 40% of the world's hot rock resources! See http://tinyurl.com/y9pm6t6