Newsletter By 2021-10-15
Countries pledging to the cause of carbon neutrality can be broken down into four categories depending on the rate of carbon emission: (1) Countries that are experiencing a post-carbon emission peak decline such as the United States, the United Kingdom, France, etc.; (2) Countries that are still seeing a growth in carbon emissions, such as India; (3) Countries in which carbon emissions have entered the "platform period", such as China; (4) Lastly, those that have yet to put their carbon emission reduction plans into practice, such as some agricultural-based developing countries. China has set its ambitious target of attaining "carbon peak" and "carbon neutral" in three decades that is acknowledged by most countries in the world. Yet as far as China is concerned, this goal is far difficult than most developed countries. If China can properly apply green hydrogen to the petrochemical and chemical industries, this will better reflect the value of green hydrogen and truly solve the major problem of industrial de-carbonization.
Chan Kung, founder of ANBOUND, and He Jun, Senior Researcher of ANBOUND contributed their views to
𝑬𝒏𝒆𝒓𝒈𝒚 𝑭𝒐𝒓𝒖𝒎 - 4𝒕𝒉 𝑸𝒖𝒂𝒓𝒕𝒆𝒓 2021 published by International Association for Energy Economics (𝑰𝑨𝑬𝑬).
According to the relevant regulations of the United States in the past, the entry measures of 33 countries including China, India, the United Kingdom and other European countries will be relaxed in the future. The U.S. Food and Drug Administration (FDA) has authorized the use of vaccines produced by BioNTech/Pfizer, Moderna and Johnson & Johnson, which will be included in the open entry. In addition, British AstraZeneca, and vaccines manufactured in China, Russia and other countries will also be recognized, while vaccines from countries such as India and Vietnam are not mentioned. It indicates that the vaccine war would continue to exist in the future, rather, determined by a country's geopolitical strength.
>>The COVID-19 pandemic has highlighted the fragile economic situation faced by millions of American households in an era of growing income inequality. At the same time, the government response to the pandemic has demonstrated the ability of policy to impact income security, with aggressive fiscal policy tools leading to a material decrease in the poverty rate and an increase in savings despite elevated levels of unemployment. Cities have served for centuries as centers of economic opportunity and innovation, and their essential economic role will endure even as technology changes. Managing cities in ways that address economic fragility and enable more residents to participate fully in the economy can enhance the dynamism that cities rely on.
Ethan Conner-Ross, Senior Vice President & Principal at Econsult Solutions (ESI), shared his view on
Economic Insecurity and Cities.
India is now facing a dilemma of inflation and pressure from farmers. Due to the price of pulses soared by nearly 10% in two weeks, the Indian Union Government required states to consider invoking certain provisions of the Essential Commodities Act (EC Act) to force traders to disclose stocks and supplies, which would require shareholders, millers, traders and importers to declare inventory, and to look for early signs of any unusual price rise. The purpose is obvious that the Modi’s government moves to control inflation. 15 years ago, Bihar in eastern India also promulgated similar laws that had led to the dismantling of government marketing infrastructure, and the number of sales markets fell by 87%, a record high monopoly on agricultural products.
>>In a recent interview with Australian Sky News, Singapore’s Minister for Foreign Affairs Vivian Balakrishnan talked about the current tension between Australia and China, and on Singapore-China relations. Balakrishnan emphasized that he is “not really in a position to advise Australia”, and could only share Singapore’s perspective. “The Singapore-China relations are excellent, and China is Singapore's largest trading partner, while Singapore has also been China's largest source of foreign capital since 2013”. Such relationship is not based on symmetry, because Singapore is too small. It is not based on a completely unanimous position, because impossible. Despite of that, the two countries find ways to cooperate, and resolve their differences together when they arise. Differences are an inevitable component of any long-term relationship that must be dealt with, ANBOUND’s analysis noted.
>>【ANBOUND Launches a redesigned
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