Excerpt from: Environmental Compliance
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| October 28, 2008 | | Big News from Most Populous Nation on Earth | While many agree that we are in a global climate problem,
all would agree that China is a big part of the equation. With the largest
population on earth and hundreds of coal burning power plants, their participation
in the GHG solution is absolutely critical to solving the issue. This week, big
news came out of China that hints at a possible full scale effort to join the
global GHG community. China Mobile, the world's biggest mobile phone operator,
joined an international agreement to cut greenhouse gas emissions, possibly
paving the way for other Chinese big businesses to join the group.
The London-based nonprofit Climate Group last week also
announced the membership of two other Chinese companies: Suntech, the world's
third-largest solar energy supplier, and Broad Air Conditioning, a leading
manufacturer of non-electric air conditioning units. This is great news,
especially since the fact that they are “new technology” type companies who
would normally be committed to solving the crisis.
China Mobile has initially agreed to its reduce energy
intensity 40 percent a year, double the national target. Other companies in
China have applied to join the Climate Group, said the organization's CEO,
Steve Howard. Of the 100 to 150 companies the Climate Group is targeting, about
20 are in China.
Let’s hope this fuels the participation of many other
Chinese based multi-national companies! A global problem requires a global
solution. | | |
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