Turkmenistan has started to sell gas to China through the world’s longest natural gas pipeline as it continues to develop an international export market for its vast energy reserves.
Developing countries invested more in renewable energy than their developed counterparts for the first time last year, according to a report commissioned by the UN Environment Programme (UNEP).
As Italy becomes the latest European government to consider changing its solar subsidies, ministers should pay attention to today’s report into green investment from the Pew Environment Group.
The report looked like good news for European governments. Private investment into renewables in the European region totalled $94.4bn, about $20bn more than in 2009, and more than any other world region.
Germany and Italy both surged, with more than 100 per cent growth in investment in small-scale solar installations.
In the immediate aftermath of the Japanese quake and beginning of the nuclear crisis, we wrote that the responses of the China and India, which are both planning major investment into new nuclear plants, was much more pro-nuclear than that of Western governments.
But now both have changed position. China performed a near U-turn on Wednesday when it abruptly announced a freeze on approvals for planned plants. Two days later, India has similarly changed tack, although in a less dramatic manner, by calling a for a review of the country’s nuclear safety rules.
I wrote on Monday that China and India were pressing ahead with their nuclear building programmes even in the wake of the Japan crisis. Well, no longer, at least for the moment. China has just made an announcement that could have a huge impact on the nuclear industry.
This is from Reuters:
China has suspended approvals for proposed nuclear power plants and is making a comprehensive safety check of atomic plants following Japan’s nuclear crisis, the State Council, or cabinet, said on Wednesday.