20:03 31.10.2019

Sandstorm in China causes spike in air pollution

Yesterday, air quality in China reached dangerous levels due to a sandstorm which took place in China’s Inner Mongolia Autonomous Region. local governments in Taipei, Hsinchu City and Pingtung County had activated emergency centers to tackle air pollution, mainly by checking for illegal outdoor burning, reducing mobile sources of pollution and washing the streets, the EPA said.
Source: Taipei Times
13:43 31.10.2019

China Unveils Penalties for False Industrial Air Pollution Data

China’s new penalties for companies that cheat on air pollution monitoring are unlikely to deter data manipulation unless the government adds stricter oversight, some analysts said. A draft regulation released last week by the Ministry of Ecology and Environment includes penalties of $28,000 for companies that tamper with emissions monitoring systems or falsify data, with penalties for individuals caught falsifying data as high as two years’ worth of their salary.
Source: Bloomberg
20:24 28.10.2019

Climate change: the CMBS angle

Climate change is going to fundamentally change the way we live, and where we live. It is logical then, that asset prices will follow. While the current focus seems to be shifting towards what impact businesses are having on the environment (the “E” in ESG), it feels like little has been made of what might happen to the trillions in real estate assets that dot our coastlines if sea levels continue to rise
Source: FT
20:05 28.10.2019

Air Pollution Increases Risk of ‘Silent’ Miscarriages in China

Work published by a team of researchers from Chinese universities in the Nature Sustainability journal found that the exposure to airborne pollutants increases the risk of silent miscarriages. Linked to this, sulphur dioxide, ozone and carbon monoxide were also said to be associated with a higher risk of silent miscarriages.
Source: That’s Online
13:47 27.10.2019

China doesn't care about pollution, says iron ore miner

According to the controversial boss of US miner Cleveland Cliffs has spoken out against big corporations of being too scared to ‘blow the whistle on Chinese pollution and trade tactics.’ Such a focus came to the fore following a sharp decline in the premium paid for higher grade iron ore products which he labelled as ‘absurd and only tells us China does not care about the environment.’
Source: Financial Review
10:36 25.10.2019

Just how bad is air pollution in China and how can we fix it?

A blog delves deep into the question of really how bad the air pollution is in China. It addresses how the main reason for its polluted air is due to the emissions from coal plants. It highlights that ‘Even as recently as 2016, coal generated 62% of China’s electricity. All in all, it’s estimated that 1 out of every 4 metric tons of coal humanity burns are burned in China.’
Source: The Environmental Magazine
10:39 23.10.2019

China boosts coal imports and new mines

China has been referenced in this article as the world’s largest coal importer. The country is set to boost imports of fossil fuel by more than 10% during 2019, despite the speculations that authorities would cap 2018 levels. China continues to expands its coal power infrastructure despite promises to cut emissions. It is estimated that 7 million tonnes of coal arrives per month from trucks and trains from Mongolia and Russia.
Source: The Times
10:49 21.10.2019

China rejects pollution report in French Polynesia

The Chinese government has rebuked suggestions from the Directorate of Maritime Affairs in French Polynesia, that a Chinese vessel was the source of hundreds of unused plastic bags washing up on the shores of Hiva Oa - French Polynesia’s second largest island. It is suggested that the bags were packaging for calamari to be sold in China.
Source: RNZ
10:58 18.10.2019

Circular economy can bring benefits all round

The core ideas of the circular economy — reducing waste and improving product lifespans — are applicable across other sectors such as clothing. Fast fashion chains have played to the “aspirational thrift” of millennials eager for the garments celebrities appear in on Instagram. But critics argue that an endless stream of cheap clothing, much of which cannot be easily recycled, is unsustainable from an environmental perspective. News organisations including the Financial Times have also shown that working conditions in fast fashion factories can be abysmal.
Source: FT