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On February 14th, Chinese Foreign Minister Wang Yi, speaking at the Munich Security Conference in Germany, addressed China-US relations, pointing out two possible scenarios. One is that the US objectively and rationally understands China, pursues a positive and pragmatic policy towards China, and works with China to continuously expand common interests, leading to future cooperation between the two countries. This would undoubtedly be of great benefit to both China and the US, as well as the world. The other scenario is that the US decouples from China, opposes anything related to China, forms various cliques and groups targeting China, and even incites or plots Taiwan independence and the division of China, crossing Chinas red lines. This would lead to confrontation between China and the US. History progresses through twists and turns, and the future of China-US relations is bright. The vision and principles of mutual respect, peaceful coexistence, and win-win cooperation will ultimately be realized, because this is the only correct choice.French Foreign Minister Barro: Some G7 members have indicated their willingness to move forward with the ban on shipping services for Russian oil.NATO Secretary General Rutte: Russias oil revenues have fallen by a third, rapidly depleting its sovereign wealth fund.On February 14th, in response to recent online complaints about "tickets available for long-distance journeys but not for short-distance journeys," a representative from the 12306 Railway Technology Center advised passengers with short-distance travel needs to avoid purchasing tickets for sections of long-distance trains. If a section of a long-distance train is indeed necessary, passengers should submit a waitlist order when "no tickets available" is displayed, and utilize up to 60 combinations of "date + train number" for ticket purchase.On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, delivered a speech and answered questions at the 62nd Munich Security Conference. When discussing China-EU relations, Wang Yi stated that China and the EU are partners, not adversaries. He quoted Confuciuss famous saying, "A gentleman seeks harmony but not uniformity," expressing his hope that both China and the EU would act and follow the path of gentlemanly conduct. Wang Yi said that China and the EU should join hands to practice multilateralism, uphold the authority of the United Nations, oppose unilateral bullying, and resist bloc confrontation.

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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