Poking out of the ground near the smokestacks of the Mountaineer power plant here are two wells that look much like those that draw natural gas to the surface. But these are about to do something new: inject a power plant

Southern Co said on Thursday that a Chinese utility will utilize its coal-gasification technology at an existing power plant to produce low-emission electricity.

Building on BSR's article last month on why climate change matters for every company, managers should be aware of some important, and very specific, opportunities for creating business value while promoting climate stability.

Beijing: Authorities in western China

Chinese government officials signed an agreement on Tuesday with First Solar, an American solar developer, for a 2,000-megawatt photovoltaic farm to be built in the Mongolian desert.

Lobbyist pressure will not weigh on a U.N. panel's decision whether to award carbon finance worth about 100 million euros ($144 million) to Chinese wind power projects, said the chair of the panel on Tuesday.

"If you add it all up there are quite a number of projects, all from China," Lex de Jonge told the Reuters Global Climate and Alternative Energy Summit, on a ruling due this week.

First Solar Inc said on Tuesday it plans to build the world's largest solar plant in China in the first major foray by a U.S. company into the Asian nation's fast growing alternative energy sector.

THE government

Fast-growing emerging markets are making energy efficiency a high priority. Leading the way: China.
After years as energy-efficiency laggards, China and a number of other fast-growing emerging markets are putting a high priority on restraining oil demand.

A Chinese state-run company, Shenhua Group Corporation, which had rolled back its plan in 2006, is likely to invest $1.5 billion for setting up 1,000 Megawatts coal-fired plants, it is reliably learnt.

The Sindh government had started re-establishing contacts with the Chinese firm and was giving assurances that no hindrance would be put in place in the project, sources told Business Recorder.

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