Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, July 19, 2012

China Energy Update 7/19

Dependence on Middle Eastern Oil: Now It's China's Problem, Too
The Atlantic
Damien Ma - Damien Ma is a China analyst at Eurasia Group. He writes on Chinese energy policies and climate change, politics, innovation, U.S.-China relations, social policies, and Internet policies, among other topics. He has written for Slate, The New ...

Getting China to Turn on Iran
The National Interest Online
Over the past six months, officials from China's foreign ministry have repeatedly stated that China's energy trade with—and investment in—Iran do not violate the various United Nations Security Council resolutions on Iran and that the new U.S. sanctions ...
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Energy: Canada and China Enhance Nuclear Cooperation
eGov monitor
July 19, 2012 - Foreign Affairs Minister John Baird today announced that Canada and China have signed a supplementary protocol to the long-standing Canada-China Nuclear Cooperation Agreement that will help Canadian uranium companies increase ...
Energy independence key to US competitiveness
UPI.com
Behind this burgeoning nation is an appetite for energy that is having consequences worldwide. Like a growing teenager, China is eating the world out of house and home, consuming the world's coal and steel at a record pace and exerting tremendous ...
Solar energy company blames China for bankruptcy
Ventura County Star
DENVER — DENVER (AP) - Abound Solar is blaming Chinese companies for causing it to declare bankruptcy. Former executives of the Loveland-based company testified before Congress on Wednesday that Chinese companies sold solar panels under cost ...
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Analysis: US solar tariffs not slowing slide in panel prices
Reuters
SAN FRANCISCO (Reuters) - New U.S. import tariffs have prompted China's solar panel makers to buy more expensive supplies elsewhere and avoid the new duties, but prices for the renewable energy equipment continue to decline. The United States put ...
SDE in Talks to Sell Half of Wave Unit to China, Israeli Firms
Businessweek
SDE has 11 working models of its device, one in China and the remainder in Israel, he said. Wave energy has the potential to meet as much as 13 percent of current world electricity consumption, according to the website of the European Ocean Energy ...
Solar Company Leaders Blame China, Not Loan Process, for Bankruptcy
Heritage.org (blog)
In testimony provided before the Committee on Energy and Natural Resources in June, Heritage's Derek Scissors argued that following China's example in continuing subsidies for questionable clean energy projects, a suggestion raised during Wednesday's ...

Canada, China expand nuclear agreement to allow increase in uranium exports

Calgary Herald - ‎30 minutes ago‎
SASKATOON - An agreement signed Thursday in Beijing will help Canadian companies export more uranium to China, said Foreign Affairs Minister John Baird. The "supplementary protocol," signed by Baird and Liu Tienan, head of China's National Energy ...

Baird says Canada and China sign pact on uranium shipments

The Province - ‎7 hours ago‎
China and Canada signed an agreement that will facilitate the export of Canadian uranium to the world's second biggest economy. The two countries today signed a “supplementary protocol” to a pact on nuclear cooperation reached in 1994, Canadian Foreign ...

China deals a boost to Canada uranium exports

AFP -
OTTAWA — Canada and China have strengthened a nuclear cooperation agreement that will allow Canadian companies to export more uranium to China, Foreign Affairs Minister John Baird said Thursday. "Increased collaboration with China's civil ...

Buy Undervalued Uranium Miners Before Market Awakens To New Nuclear Reality

Daily Markets (blog)
Pundits may have closed the book on the so-called nuclear renaissance, but the story is far from over. In this exclusive interview with The Energy Report, Gold Stock Trades Editor Jeb Handwerger names the “sleeping beauties” quietly proving their worth ...

Canadian uranium exports to China on the rise

iPolitics.ca (subscription) -
By Canadian Press | Jul 19, 2012 4:40 pm | Comments SASKATOON — An agreement signed Thursday in Beijing will help Canadian companies export more uranium to China, said Foreign Affairs Minister John Baird. The “supplementary protocol,” signed by Baird ...

Chinese Subsidies Led to Abound's Failure, Chief Tells Congress

Businessweek - ‎Jul 18, 2012‎
By Jim Snyder on July 18, 2012 Abound Solar Inc., a solar-panel maker that shut after borrowing $70 million from the US, couldn't compete with Chinese companies selling items below production costs, the company's ex-chief executive said.

Chinese competition sank govt-backed Abound Solar-executives

Reuters -
* Price of solar panels fell as Chinese cos flooded market * Government stopped funding Abound's loan in August 2011 * DOE officials, past and present, defend loan program (Adds comments from lawmakers at hearing, questions about email) By Ayesha ...

House Committee finds no smoking gun in Abound Solar hearing

Examiner.com -
Related topics Abound Solar green energy Solar Energy DOE loan guarantees In a hearing more about bashing Obama than oversight, The House Committee on Oversight and Government Reform Wednesday found no smoking gun after testimony from former executives ...

Solar energy company blames China for bankruptcy

Sioux City Journal -
Former executives of the Loveland-based company testified before Congress on Wednesday that Chinese companies sold solar panels under cost and they couldn't compete. The company received a $400 million loan guarantee from the federal government before ...

Local solar company blames China, Obama administration for bankruptcy

kwgn.com -
LOVELAND, Colo. — Abound Solar said it was doomed by Chinese companies receiving government subsidies that far outweighed the support it was receiving from the US government. The Loveland-based company is the second major solar panel producer to ...
 

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