Incinerator The Best Option For HK’s Rubbish Updated on Jan 30, 2008 – SCMP Leader The government has done what it should have done a decade ago and announced potential sites for a waste incinerator. Tsang Tsui in Tuen Mun and Shek Kwu Chau, south of Lantau Island, have been identified as suitable sites. There [...]
Posts from ‘January, 2008’
Delta Factories Face More Curbs On Production
Denise Tsang – SCMP – Jan 30, 2008 The Ministry of Commerce is set to unveil a new round of measures to discourage energy-gulping and polluting industries in the Pearl River Delta by placing restrictions on 1,000 types of products. The Federation of Hong Kong Industries said the restrictions would add to the troubles already [...]
China Welcomes Us To Our Future Armageddon
By David DuByne – Posted Thursday, 17 January 2008 – On Line Opinion I present to you a vision of the future: China has already leapfrogged to where we in the West will be within a decade, using coal to power our economies and cities as conventional worldwide oil production continues to decline. The pollution [...]
Blue-Sky Generators
CHRISTINE LOH – Jan 17, 2008 Is there a quick fix for the polluting emissions from the tens of thousands of factories in the Pearl River Delta that are contributing to the heavy, grey-yellow smog that too often blankets the whole region? Yes, there is. One source of emissions – the one that is hardest [...]
Cutting Pollution For Profit
International Herald Tribune – Posted by Daniel Altman in High energy Could power generators cut pollution if it helps them to make money? From Hong Kong, Keith Bradsher descibes a new scheme agreed by the government and two electricity providers. It looks like a fairly marginal proposition, but, if it works, it could lead to [...]
Hong Kong Power Regulations Based in Part on Emissions
The New York Times By KEITH BRADSHER Published: January 8, 2008 HONG KONG — The two electric power companies here agreed Monday to a new regulatory system that sets their annual rate of return, based in part on how much pollution they emit, a carrot-and-stick approach that could some day be a model for mainland [...]
Emissions Caps Could Be Costly For Power Firms
SCMP – Cheung Chi-fai Jan 08, 2008 Power companies may earn up to a combined HK$476 million a year less under new schemes of control that tie the emission of pollutants to returns, the Environment Bureau has said. The companies which exceeded the emission cap of any single pollutant by between 10 and 30 per [...]
Power Agreement To Be Welcomed
Leader Jan 08 2008 Under the new schemes of control to begin in September, CLP Power and Hongkong Electric have accepted smaller profits. As a result, the consumer will pay a lower basic tariff. The firms also face a cut in their rate of return if they exceed any pollution emissions caps, but will be [...]
Power Plays
Published in the SCMP on the 8th of January 2008: Two companies’ permitted rate of return reduced from between 13.5 per cent and 15 per cent to 9.9% Based on 2006 figures, total reduction in electricity payments by residential and commercial customers to amount to HK$5b per year If power companies exceed emissions cap for [...]
Cut in Core Earnings of Power Companies
Electricity bills may not drop as much as companies’ cut in earnings SCMP – Denise Tsang Jan 08, 2008 Hong Kong’s electricity duopoly are bracing for a 30 per cent cut in core earnings as early as October, but a lower return rate does not necessarily mean consumers’ bills will drop accordingly. CLP Holdings (SEHK: [...]