Wednesday, 16 December 2009

Roundup - 16/12/2009

  • China has repeated its stance against carbon tariffs amid ongoing negotiations in Copenhagen. The tariffs would be placed on carbon intensive products such as steel if they were deemed to come from a country which had fail to make sufficient efforts to control its greenhouse gas emissions. China views this as a threat to the competitiveness of its steel industry. A bill recently passed by the US House of Representatives laid down the legal groundwork for carbon tariffs to be imposed from 2020.
    Leading countries at the negotiations have been holding firmly to their positions at the conference. The delays and conflicts so far have destroyed hopes of any major agreement coming before the final days of negotiations. Premier Wen Jiabao is heading a team of high ranking official to Copenhagen this afternoon.
    Meanwhile, the number of registered vehicles in Beijing passed the 4 million mark at the weekend. It took Beijing until 1997 to reach its first million cars but only six and a half years to double that and six years to double it again.

  • China is speeding up its construction of third-generation nuclear power stations. China's first third-generation nuclear power plant, the Sanmen project, Will have a capacity of 7,500 mW by 2020 from six reactors, two of which are already under construction. Three stations, Sanmen, and Haiyang will use technology from Westinghouse, an American company while the Taishan plant will use French technology from Areva.
    China plans to increase its nuclear output to 70 gigawatts by 2020 and 400 gigawatts by 2050. This would mean that almost 10% of China's electricity will come from nuclear power.
    While the huge increase in nuclear power will significantly help reduce China's carbon intensity, the pace of growth has raise some fears over safety. While China has a good record on nuclear safety to date there are worries that the growth in power stations is not being met by an increase in inspectors. China has already asked for international help in training inspectors. Premier Wen Jiabao has ordered a quintupling of nuclear safety inspectors by the end of next year but there is some doubt as to how this will be achieved.
    In addition to this worry are the fears raised by building nuclear reactors in an environment in which high returns, personal contacts and outright corruption often come before safety concerns. These fears have been increased by the detention of the president of the China National Nuclear Corporation in a $260 million corruption case involving bid-rigging on nuclear construction projects.
    China's nuclear community are well aware of the dangers of a rush to nuclear power as they must study the American case. The US' own rushed nuclear projects led to the Three Mile Island incident in 1979.

  • Shanghai has announced a three step plan to become mainland China's first free port by 2020. The port is aimed at increasing shipping through Shanghai as well as promoting domestic consumerism by providing cheap goods. An area with preferential tax rates will be in place by the end of next year. The move is a challenge to Hong Kong which is currently the only Chinese free port.

  • China's H1N1 death toll has leapt to 442. 116 new deaths were reported last week. China has pledged to step up its vaccination progamme which has so far seen 34 million people vaccinated. The crucial time will come in February when hundreds of millions will flood China's trains and roads for the Spring Festival.

  • The United States Census Bureau projects that China will no longer be the most populated country in the world by 2025. China's population is expected to peak at 1.4 billion, lower than previously expected. India's fertility rate of 2.7 births per woman is far higher than China's 1.6 births per woman.
    The report also predicts that China's workforce will peak at 831 million in 2016.

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