China Green Bulletin: Sichuan Cuts Power, High-Tech’s Dual-Carbon Goals

You are receiving the free biweekly version of China Green Bulletin. Sign up here for our email to keep up to date on green, energy and ESG news out of China.
Top News Items
Sichuan cuts power to factories and households amid heat wave
Facing an extreme heat wave, Southwest China’s Sichuan province has begun cutting power to households, despite local officials’ efforts to ensure supply by ordering energy-intensive factories to suspend their operations. Temperatures have hit record-highs in the region this month, creating a glut of electricity demand for air-conditioning. The heat has also dried up water flows into hydropower reservoirs to just 50% of average historical levels. Sichuan derives around three-quarters of its electricity from hydropower, making the province particularly vulnerable to drought.
Caixin Insight, the research arm of Caixin Global, is a strategic advisory helping clients assess policy risk and macroeconomics in China.
- 1Fugitive Billionaire Guo Wengui Arrested in New York
- 2China Strengthens Communist Party Oversight of Financial Sector
- 3Regulators Tighten Grip on China’s $2.9 Trillion Private Fund Industry
- 4China’s Bond-Feed Turmoil Triggered by Data Monopoly, Compliance Concerns, Sources Say
- 5Cover Story: 2008 Redux? SVB Collapse Raises Questions About Banking Oversight
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas