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Apple Launches a $300 Million Fund to Bring Clean Energy to China

In September 2016, Apple opened its first China R&D centre in Beijing's Zhongguancun Science Park, often referred to as "China's Silicon Valley"

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The China Clean Energy Fund will be managed through a third party, DWS Group, which specialises in sustainable investments and will also invest in the fund, Apple said.
The China Clean Energy Fund will be managed through a third party, DWS Group, which specialises in sustainable investments and will also invest in the fund, Apple said. Pixabay
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Amid heightened trade tensions between the US and China, tech giant Apple has joined hands with its suppliers to launch a $300 million clean energy fund in China.

The “China Clean Energy Fund” will invest in and develop clean-energy projects totalling more than 1 gigawatt of renewable energy in China, the equivalent of powering nearly 1 million homes, Apple said in a statement on Thursday.

“At Apple, we are proud to join with companies that are stepping up to address the climate challenge,” said Lisa Jackson, Apple’s Vice President of Environment, Policy and Social Initiatives.

The Cupertino, California-headquartered tech giant said 10 of its initial suppliers have come forward to jointly invest in the nearly $300 million fund over the next four years.

“We’re thrilled so many of our suppliers are participating in the fund and hope this model can be replicated globally to help businesses of all sizes make a significant positive impact on our planet,” Jackson said.

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Apple in 2017 announced it would invest nearly $500 million in China to build two new R&D centres in Shanghai and Suzhou. Pixabay

By virtue of its size and scale, the China Clean Energy Fund will give its participants the advantage of greater purchasing power and the ability to attain more attractive and diverse clean energy solutions.

The China Clean Energy Fund will be managed through a third party, DWS Group, which specialises in sustainable investments and will also invest in the fund, Apple said.

Also Read: Apple Updates MacBook Pro with Faster Performance And New Features for Pros

The announcement to invest in the clean energy fund in China follows Apple’s announcement earlier in 2018 that its global facilities are powered by 100 per cent clean energy and the launch of its Supplier Clean Energy Programme in 2015.

Apple in 2017 announced it would invest nearly $500 million in China to build two new R&D centres in Shanghai and Suzhou.

In September 2016, Apple opened its first China R&D centre in Beijing’s Zhongguancun Science Park, often referred to as “China’s Silicon Valley”. (IANS)

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350 Chinese Cities Get Better Air Quality

In the first three quarters of this year, 7 out of 20 cities with the worst air quality were in northern Shanxi province

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Officials told CNN that the Chinese military did not intercept the US aircraft during their mission.
South China Sea, Pixabay

More than half of China’s cities saw air quality improve year-on-year in September, the Chinese Environment Ministry has said.

The average density of PM 2.5 stood at 25 micrograms per cubic meter in September in 338 cities, down 16.7 per cent from the same period last year, according to the Ministry of Ecology and Environment.

These cities enjoyed good air quality on 90.8 per cent of the days last month, up 2.6 per cent, Xinhua news agency said.

Air Quality
Air pollution can also damage your kidneys. wikimedia commons

The world’s most populous nation has over 600 cities and is grappling with chronic pollution which kills about one million people annually.

China is the world’s biggest coal producer and alone burns half of it, leading to severe pollution. The country is also the largest greenhouse gas emitter in the world.

However, the government has cracked down heavily on the polluting industries, shutting many of them. In July, the government released a three-year action plan to tackle the problem.

It also punishes top officials for not doing enough to rein in pollution.

Beijing is no longer the world’s most polluted city.

Air quality

Air quality
Buildings are seen on a hazy day in Xiangyang, Hubei province, China. VOA.

In the Beijing-Tianjin-Hebei region, the share of days with good air quality in September stood at 79.2 per cent, a year-on-year increase of 27.8 percentage points, while the PM 2.5 density of the region dropped by 33.3 per cent on year to 36 micrograms per cubic meter, the Ministry was quoted by Xinhua as saying.

In the first three quarters of this year, 7 out of 20 cities with the worst air quality were in northern Shanxi province, China’s coal-producing hub.

Also Read: Sundar Pichai Clears Google’s China Centric Plans

According to the action plan released in July, by 2020, emissions of sulfur dioxide and nitrogen oxide should have dropped by more than 15 per cent over the 2015 levels, while cities that fail to meet the requirement of PM 2.5 density should see a decline of more than 18 per cent from 2015 levels. (IANS)