New UK-China innovation accelerator launched

BGTA and Shanghai Energy are creating a joint fund which will invest £24 million into tech startups

UK-China innovation competition opens

A new competition offers the chance for UK firms to collaborate directly with businesses in China. Innovate UK is inviting companies to apply for a share of £5 million to work on a range of industrial research and development projects in Shanghai – energy is among the sectors to be prioritised. The programme, which is being delivered […]

Shanghai starts carbon emissions trading

The Chinese city of Shanghai launched its carbon trading scheme today (pictured) as it strives to cut its greenhouse gas emissions. Three trades for a total of 9,500 permits went through in the first half-hour after the market opened. The first was sold for 27 yuan (£2.7) per metric ton, according to the Shanghai Environment […]

Virgin to pioneer new aviation fuel with half the carbon footprint

A new aviation fuel with half the carbon footprint of the equivalent fossil fuel has been developed by Virgin Atlantic Airways with New Zealand biofuels pioneer LanzaTech. Waste gas from steel industry will be captured and converted into the new low carbon jet fuel. Virgin Atlantic says its could be powering flights on its routes […]

‘Rent an electric car’ hits China

Global car hire firm Hertz is expanding its electric car hire service to China. It will be the first electric vehicle (EV) rental scheme in the country. The Chinese Government has embraced the development of EVs, including them in the country’s latest Five Year Plan for the economy. It has also begun a pilot EV […]