Skip to main content

Ecocrops Internationa asked how enviromentally friendly are the Chinese?




China’s energy policy and its effect on the environment is big news now and with recent events involving Africa have raised the World’s attention.

EcoCrops International takes great pride in the sustainability of our ethical green investments, which why we find the latest news of Egypt’s plan to build the World’s largest coal-fired power disturbing.

China had maintained in its South-South climate agreement to ensure clean energy projects where their number one priority.  However it would appear that China is more interested in promoting its coal industry and hydro power projects that are a serious risk to the environments.

There is some god news with Chinese backing, Egypt is developing the World’s largest Solar Farm.

What is concerning for Eco Crops International and will be for any person that takes looking after environment seriously, is that a much of the loans provided by the Export-Import Bank of China, and the China Development Bank, went primarily to coal, hydropower, and the oil industry between 2000 and 2016.

In 2009 China proposed an initiative to build over 100 clean energy projects which would help of course, but leaves many experts saying that China could do a lot more.

Makoma Lekalakala, director of the non-governmental organisation Earth life Africa in Johannesburg, said “We hope that at this year’s FOCAC there will be a greater focus on Chinese investment in clean energy in Africa.”

EcoCrops internationalcan offer investors an asset backed, fixed income, and fully insured green energy investment yielding double-digit returns. For more information on our European forestry investment visit www.ecocropsinternational.com or call on 0034 932 201 207

Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin sees massive sell off- plummets to $5,355

1 comment
Read more

Trumps biomass policy

In 2007 the USA Federal Government passed the US Renewable Fuel Standard which required ethanol blending with domestic oil in large quantities with frequent increases in amounts of ethanol being used.  The bill was passed to reduce the USA carbon footprint and increase the amount of renewable biofuel being used in the USA. Under the Trump administrations, they have been far less supportive of the biomass blending mandate, granting biofuel waivers to major industry players and allowing the trading of biomass credits to develop. Despite the less than active support for biofuel domestically Trump has been pushing his trade negotiators to get big concessions from his Chinese counterparts by asking them to lower their tariffs on biomass in particular biofuel. China's ethanol demand is expected to grow nearly sevenfold as the country prepares to introduce E10 fuel throughout the country next year. E10 fuel is a fuel using 10% ethanol and 90% petrol. U.S. trade negotiato...
Post a Comment
Read more

European stocks were very mixed up on Monday morning as investors read news on different political events.

Looking at some individual stocks, Vopak rose 5 %after reporting higher results, which wasn't expected. Siemens healthcare also jumped 2.7 % on its current earnings release. European banks were under scrutiny after the latest results of stress tests. Barclays bank and Lloyd's Bank had the lowest capital ratios in the scenario. According to KPMG, this was due to Newly set accounting rules and high levels of unsecured debts Both stocks were pretty much flat. The European Stoxx 600 was flat as well with the various sectors taking different directions. Financial services and industrial Services were down by about 0.6 %, whereas telecommunications had risen by almost 1 %. Italian banks were under pressure in early deals this morning. Though they eased past them. Analysts believe the macro assumptions for Italy were a little too optimistic. Banco BPM and Intesa Sanpaolo dropped about 2 %. Ubi Banca fell 1.4 %. Meanwhile, eurozone finance ministers are gathering in Brussels fo...
1 comment
Read more