Criteria for Selecting Carbon Subsurface and Ocean Storage Site in Developing Countries: A Review

Important first phases in the process of implementing CO2 subsurface and ocean storage projects include selecting of best possible location(s) for CO2 storage, and site selection evaluation. Sites must fulfill a number of criteria that boil down to the following basics: they must be able to accept the desired volume of CO2 at the rate at which it is supplied from the CO2 source(s);they must as well be safe and reliable;and must comply with regulatory and other societal requirements. They also must have at least public acceptance and be based on sound financial analysis. Site geology;hydrogeological, pressure, and geothermal regimes;land features;location, climate, access, etc. can all be refined from these basic criteria. In addition to aiding in site selection, site characterization is essential for other purposes, such as foreseeing the fate and impacts of the injected CO2, and informing subsequent phases of site development, including design, permitting, operation, monitoring, and eventual abandonment. According to data from the IEA, in 2022, emissions from Africa and Asias emerging markets and developing economies, excluding Chinas, increased by 4.2%, which is equivalent to 206 million tonnes of CO2 and were higher than those from developed economies. Coal-fired power generation was responsible for more than half of the rise in emissions that were recorded in the region. The difficulty of achieving sustainable socio-economic progress in the developing countries is entwined with the work of reducing CO2 emissions, which is a demanding project for the economy. Organisations from developing countries, such as Bangladesh, Cameroon, India, and Nigeria, have formed partnerships with organisations in other countries for lessons learned and investment within the climate change arena. The basaltic rocks, coal seams, depleted oil and gas reservoirs, soils, deep saline aquifers, and sedimentary basins that developing countries (Bangladesh, Cameroon, India, and Nigeria etc.) possess all contribute to the individual countrys significant geological sequestration potential. There are limited or no carbon capture and storage or clean development mechanism projects running in these countries at this time. The site selection and characterization procedure are not complete without an estimate of the storage capacity of a storage location. Estimating storage capacity relies on volumetric estimates because a site must accept the planned volume of CO2 during the active injection period. As more and more applications make use of site characterization, so too does the body of written material on the topic. As the science of CO2 storage develops, regulatory requirements are implemented, field experience grows, and the economics of CO2 capture and storage improve, so too will site selection and characterisation change.

Risk preferences and the low-carbon agricultural technology adoption:Evidence from rice production in China

Climate change which is mainly caused by carbon emissions is a global problem affecting the economic development and well-being of human society.Low-carbon agriculture is of particular significance in slowing down global warming and reaching the goal of“carbon peak and carbon neutrality”.Therefore,taking straw incorporation as an example,this paper aims to investigate the impact of risk preferences on farmers’low-carbon agricultural technology(LCAT)adoption.Based on a two-phase micro-survey data of 1038 rice farmers in Jiangsu,Jiangxi,and Hunan provinces,this paper uses experimental economics methods to measure farmers’risk aversion and loss aversion to obtain the real risk preferences information of the farmers.We also explore the data to examine the actual LCAT adoption behavior of farmers.The results revealed that both risk aversion and loss aversion significantly inhibit farmers’LCAT adoption:more risk-averse or more loss-averse farmers are less likely to adopt LCAT.It is further found that crop insurance,farm scale and governmental regulations can alleviate the negative impact of risk aversion and loss aversion on farmers’LCAT adoption.Therefore,we propose that local governments need to promote low-carbon agricultural development by propagating the benefits of LCAT,extending crop insurance,promoting appropriate scale operations,and strengthening governmental regulations to promote farmers’LCAT adoption.

ChinAfrica briefly introduces the latest Chinese Government regulations

Foreigners Included Foreign employees in China will be entitled to the same social insurance benefits as Chinese nationals when the new Social Insurance Law goes into effect on July 1, 2011,according a senior official with the Ministry of Human Resources and Social Security. Target groups include foreign workers employed by Chinese and overseas-fund-

Regulations on Open Government Information

On April 24, 2007 the State Council promulgated Regulations of the People＇s Republic of China on Open Governrnent Information （referred to as Regulations below）, which will become effective on May 1, 2008. As the first administrative role of the central government of China that aims to safeguard the public＇s right to know, the Regulations are of great significance in China＇s democratization and its establishment of the role of law.

ChinAfrica briefly introduces the latest Chinese Government regulations

Stricter Rules for Foreigners A stricter provincial rule governing foreigners who live and work in south China’s Guangdong Province took effective on May 1 to tackle the problem of illegal immigration.People are encouraged to report wrongdoing like illegal entry,

ChinAfrica briefly introduces the latest Chinese Government regulations

Food Package Data China’s Ministry of Health stipulates that the amount of trans fat and other dietary information should be marked on the labels of packaged food in the country’s first national nutritional standard for food nutrition labeling, effective January 1,2013. The new regulation means food package labels will have to detail information on nutrition,including levels of energy,protein,fat,carbohydrate and

ChinAfrica briefly introduces the latest Chinese Government regulations

Tougher bank regulations New rules setting stricter criteria for lenders’ capital adequacy,provisions,leverage, and liquidity conditions are going to take effect at the beginning of 2012,according to the China Banking Regulatory Commission (CBRC). The banks are required to meet the new standards by the end of 2013 and the end of 2016 respectively.

ChinAfrica briefly introduces the latest Chinese Government regulations

Resource Tax Adjusted China will implement new resource tax rates for oil and gas from November 1, 2011,according to the State Council, China’s cabinet. The sales of crude oil and natural gas nationwide will be subject to a tax of between 5 percent and 10 percent. It will also impose a tax of 0.4-60 yuan ($0.06-9.4) per ton on rare earth ores and 8-20 yuan($1.2-3.1) a ton on coking coal. Taxes on other types of coal remained unchanged at 0.3-5 yuan

ChinAfrica briefly introduces the latest Chinese Government regulations

Combating IPR Infringements China’s Ministry of Public Security launched a new round of crackdown on intellectual property right infringements starting from November 2010 to March 2011. According to Liu Jinguo,Vice Minister of Public Security,the campaign will focus on combating against infringement of copyrights,trademarks and the patents. Meanwhile,they will fight against the pro-

ChinAfrica briefly introduces the latest Chinese Government regulations

Tax Exempted Import tax exemption on equipment used in oil and gas drilling programs was granted by the Chinese Government in order to support the drilling industry, according to a statement released on the website of the Ministry of Finance on September 1. The statement said equipment,instruments, accessories and special purpose tools that domestic companies can’t produce and are directly used in exploration

ChinAfrica briefly introduces the latest Chinese Government regulations

Flour Additives Banned Two food additives,benzoyl peroxide and calcium peroxide,are prohibited from flour production starting May 1,according to a statement issued by China’s Ministry of Health on March 1. The decision was made in response to increasing public requests for natural food and less chemical additives,the statement said.In addition,with the improvement in the country’s flour processing and wheat planting tech-

ChinAfrica briefly introduces the latest Chinese Government regulations

Controlling Traffic Chaos Beijing residents now need to apply to buy a car as new regulations,effective from January 1,became part of a series of new polices to curb mounting traffic chaos.Other regulations include limited automobile registration and increased parking charges.According to the regulations issued by Beijing Municipal Commission of Transport,the city will license only 240,000 new vehicles in 2011,a third of the 700,000 new autos that hit Beijing roads in 2010.Eighty-eight percent of the quota will be distributed among first-time

Pesticide Residues and Government Regulation in China─Evidence from Pesticide Residues in Fruits and Vegetables

China is a big producer and exporter of fruits and vegetables,and pesticide residues are an important factor affecting the quality and safety of fruits and vegetables and their export trade.In this paper,we analyzed the pesticide residue data on fruits and vegetables in 32 major Chinese cities between 2012—2019,the export data of Chinese fruits and vegetables and the role of pesticides in foodborne diseases.The results showed that pesticide residues in fruits and vegetables(PRFV)partial excess of maximum residue standard(MRL)and residues of banned pesticide were still widespread in China.By comparing the standards of pesticide residues in the European Union and China and addressing the agricultural situation in China,this paper analyzed the main causes of PRFV in China and put forward some policy suggestions for strengthening government regulation of pesticide application in agricultural products.

The Coevolutionary Relationship of Technology, Market and Government Regulation in Telecommunications

The telecommunications industry has been undergoing tremendous technological changes, and owning to continuous technological advancement, it has maintained sustained prosperity and development. In this paper, the interplay between technology, market and government in telecommunications is discussed briefly, and then we introduce technology and government into the traditional SCP(Structure – Conduct – Performance) paradigm to develop an industry analysis framework called TGM(SCP)(Technology – Government – Market(Structure – Conduct – Performance)). Based on this framework, we present the spiral coevolution model which elaborates on the interaction mechanism of technological innovation with government regulation and market dynamics from the perspective of industry evolution. Our study indicates that the development of the telecommunications industry is the result of the coevolution of technology, government regulation and market forces, and among the three actors, technology is the fundamental driving force. Relative to the "invisible hand"(market) and "visible hand"(government), we conceptualize technology as the "third hand", which fundamentally drives the development of telecommunications industry in coordination with the other two hands. We also provide several policy implications regarding these findings.

Risk and Regulation of Chinese Online Investment Products

The emergence of Yu＇E Bao and the like provides Chinese investors with a new and flexible investment option. Such new investment instrument forces up the cost of capital of local banks and also takes away the market share from them. Yu＇E Bao has allocated most investments in inter-bank money market due to the liquidity concerns. This study investigates Yu＇E Bao＇s portfolio allocation and potential risk, and also provides policy implications for regulators. The research findings suggest that regulators should issue more provisions to further regulate the operation of online investment products and keep the liquidity risk under control, i.e. require money market funds to hold more capital in reserve on a gradual basis. By examining the case of Yu＇E Bao, a new online investment product in China, this study sheds light on the recent financial development and reform of China.

The Government Regulation of Economy Transformations in Terms of the Multinational Entrepreneurship Development and Technological Progress

In this paper, the mechanisms and principles of economic regulation from the classical and modem approaches standpoints were analyzed, the typical for world economic theory trends of the government＇s economic role elaboration, of the government regulatory authority, reducing in favor of market self-organization was argued. The transnationalization as a factor of government regulation mechanisms modernization was estimated and the perspectives of government and MNC interactions development in the modem world were evaluated. The recommendations for improving the government economical regulation infrastructure and mechanisms due to the conditions of economy globalizing, transnational business developing, technologies progressing were presented

Ownership Structure in Electricity Regulation

Electricity is subject to government regulation in every country. Regulation failure and multiple objectives imposed by government run the risk facing by the investor. In order to balance the interests of investors, consumers and governments, there are historically three types of ownership structure： investor-owned, public-owned and mixed system. Ownership reform and structural change are the most exciting development in the electricity. Restructuring and creating market competition make political influence more expensive and could mitigate the hold-up problem and ratchet effect. Finally, the effects of different ownership structure on economic performance in electricity are explored.

Construction of building energy conservation incentive policies under government regulation: Based on the subjects' behavior analysis

Building energy efficiency is a long-term strategy to achieve sustainable development, but the inconsistencies of main interests during the implementation lead to the need for government regulation in building energy conservation. Implementation of building energy efficiency of government regulation covers three aspects of construction and involves relevant participators, so the paper analyzes interests and roles of the related subjects in building energy saving, explore the motivations and its conversion mechanism of each player, and dissect the game relationship of associated earnings of developers' and consumers' behaviors selection under government control. Finally, the paper proposes basic requirements of building incentive policies for related subjects under government control to regulate the main behaviors of subjects in building energy efficient buildings and achieve energy efficiency goals and balance of all parties' benefits.

International government regulatory experience of building energy-saving: A survey

Government regulation on building energy saving starts earlier in America, Holland, Japan and other developed countries, and has accumulated wealthy experience which is worth reference for China. According to practical work of building energy efficiency in China, the government regulation should to be divided into two stages: recent advance and forward continued promotion of industry. In short term, we should cultivate and improve energy efficiency market as the main task by means of enhancing awareness of energy conservation, accelerating heating system reform, implementing effective encouraging policy and setting up building energy efficiency sign system and etc. While in long term, we should put emphasis on upgrading and development of building energy efficiency industry by ways of improving standard and norm system, constructing technological guarantee system and forming socialized cooperation system and etc.