Inhabitants of Beijing suck the cleanest air for ten years.A glimpse of the winners and losers behind them |钜 亨 网 – Continental political economy

Chinese officials actively promote the anti-smog campaign to achieve results, the current inhabitants of Beijing breathe the cleanest air in the past decade.

According to foreign reports, according to data collected by the US Embassy in Beijing since 2008, the pollutant rate in July of this year was 44 micrograms of fine aerosols per cubic meter, the seventh lowest in record. In fact, five months of the best air quality in Beijing, five months have taken place last summer.

  Photo of Bloomberg
The best air quality in Beijing in seven months, five months ago last summer so far (figure from Bloomberg)

The air quality has improved greatly, and shows the current Chinese official It is indeed a national priorities to combat air pollution. In the north of China, millions of companies and households have been forced to switch from coal used in the past to burning cleaner natural gas for industrial power and domestic heating.

The Chinese government has ordered "to win the blue sky to defend the war", but there is a price behind the need for cleaner air. At present, natural gas consumption in China has increased enormously, making it the world's largest importer of fuels. Last winter, it pushed the global LNG prices to a new peak in 2014. In order to reduce the pollution of the steel plants, the steel companies were also given the task of reducing production, and the reconstruction of the futures recovered in 2013 to a new highlight.

"First Financial" reported that Wang Guoqing, director of the Long Iron and Steel Research Center, pointed out that the "Blue Sky Defense War" has blossomed in several places and that the scope of environmental protection and low-emission reform the steel industry has continued to escalate. As the environmental protection policy for the steel industry is not the strictest and stricter, the winter limited production of the steel city of Tangshan is likely to be carried out earlier than planned, resulting in the enthusiasm of the steel market.

In addition, Jefferies Group LLC analyst Laban Yu said that China now hopes to reduce the share of coal in total energy from the current 60% to 58% by 2020. However, the current Chinese-American trade war, which plays fiercely, will also increase the import costs of energy.

At the beginning of this month, the latest list of retaliatory campaigns from China included a 25% rate on liquefied gas in the United States. For Chinese officials, it is better to raise domestic fuel prices, and it is necessary to surrender to Trump's determination not to be afraid of war, so that Trump continues to cause trade conflicts.

Although the two countries are expected to resume negotiations this week, oil suppliers, including Australia and Qatar, will be able to replace the United States if the United States fails to reach agreement, resulting in more expensive natural gas from the US. In addition, the United States can also purchase domestic gas through the Russian natural gas pipeline that is currently under construction to meet domestic demand.

As a result, companies that invest in US export infrastructure will reduce their plans and even put aside plans, and the wounded are the natural gas producers in the US who have just gotten up in recent years.

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