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On March 8th, Wang Yi stated that Taiwan has been Chinese territory since ancient times, and it has never been, is, or will ever become a "country." Taiwans return to China was a result of the Chinese peoples victory in the War of Resistance Against Japan and also a fruit of victory in World War II. A series of international legal documents, including the Cairo Declaration, the Potsdam Declaration, the Japanese Instrument of Surrender, and UN General Assembly Resolution 2758, have firmly established Taiwans status. Any attempt to create "two Chinas" or "one China, one Taiwan" internationally is doomed to failure.On March 8th, Wang Yi stated that the Taiwan issue is Chinas internal affair and the core of Chinas core interests; this red line cannot be crossed or trampled upon. We will never allow anyone or any force to separate Taiwan, which was liberated more than 80 years ago, from China again. The international community has reached an overwhelming consensus on upholding the one-China principle. The historical process of resolving the Taiwan issue and achieving the complete reunification of the motherland is unstoppable. Those who follow this path will prosper, and those who oppose it will perish.On March 8, Wang Yi stated that China and India are important neighbors, both located in the South, and share profound cultural ties and broad common interests. Mutual trust and cooperation between the two countries are conducive to common development, while division and confrontation are not beneficial to the revitalization of Asia. Both sides should follow the direction set by their leaders, eliminate interference, and move towards each other.On March 8, Wang Yi said that he hopes the Philippines, during its ASEAN chairmanship this year, will recognize its responsibilities, not be misled by its own interests, demonstrate its due commitment, and play a positive role in promoting regional peace and stability.On March 8, Wang Yi said in response to a question about the South China Sea issue that peace, cooperation, and friendship are the new narrative for the South China Sea. Stirring up trouble is unpopular, and creating trouble out of nothing has no place in the market.

Canada Introduces Carbon Offset Certificates to Combat Emissions

Haiden Holmes

Jun 09, 2022 11:19

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Canada began a credit system for greenhouse gas offsets on Wednesday, a significant component of its goal to reduce carbon emissions, beginning with a set of rules outlining how projects might create tradable credits by absorbing landfill gas.


The government reported that guidelines for four additional areas, including agriculture and forest management, are in development. This summer, it will also begin creating rules for carbon capture technology, on which Canada's highly polluting oil industry is relying to reduce emissions.


The Liberal government of Prime Minister Justin Trudeau has vowed to reduce climate-warming emissions by 40-45 percent below 2005 levels by 2030. 7 percent of Canada's total carbon output comes from greenhouse gas emissions from trash, including landfills.


The greenhouse gas offset credit system is designed to enable a domestic carbon offset trading market, and the government has stated that it will generate new economic opportunities for businesses and municipalities that reduce emissions.


Participants may register projects and earn one tradable offset credit for each tonne of emissions reduced or removed from the environment, provided their initiatives adhere to the federal offset regulations that specify which activities qualify.


The credits can subsequently be sold to others, such as big industrial polluters obligated to limit carbon pollution or businesses voluntarily offsetting their emissions.


"Beginning with landfills, we are implementing a market-based framework to encourage firms and municipalities to invest in pollution-reducing technology and innovations," stated Environment Minister Steven Guilbeault.


The government anticipates that the price of carbon credits would closely mirror Canada's carbon pricing, which is presently set at C$50 per tonne and will increase to C$170 per tonne by 2030.


However, environmental groups cautioned that enabling polluters to purchase offset certificates rather than reducing their own emissions could jeopardize climate goals.


Greenpeace Canada spokesman Shane Moffatt stated, "Offsetting does not prevent carbon from entering the atmosphere and warming our planet; it merely keeps it off the books of large polluters who are accountable."


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