T hu, Aug 6, 2015 Go Adv Search�� CHINA EUROPE AFRICA ASIA ASIA NEWSPHOT O

E-paper / Focus

0

'The bar is too high'Update d: 2013-07-29 07:17

By Jiang Xue qing (China Daily)

Print Mail Large Medium Small 0

Foxconn Technology Group has nine companies in Shenzhen listed under the localgovernment's carbon-emissions management program. This year, the group received2.97 million metric tons of carbon credits. The figure will rise to 3.37 million tons in2014 and 3.52 million tons in 2015, accounting for about 10 percent of the city's totalcarbon credits.

Foxconn's stat ist ics show the group has not been granted a sufficient number ofcarbon credits this year, said Tsen Yao-shen, director of the Energy EfficiencyTechnology Committee at Foxconn.

"The government allocated carbon credits to companies based on their industry valueadded and CO2 emissions per unit of GDP. This will encourage high-profit enterprisesbut will hit low-profit , low value-added companies like Foxconn," said Tsen. "Every centwe make is hard earned. We wish the government had distributed the creditsaccording to companies' industrial production growth."

In the first quarter of 2013, the weak global economy prompted a 15 percent fall inFoxconn's industry value added, compared with the same period last year. If thecarbon-trading policy is implemented strict ly and the pressure of emission reductionsis too much for a company to bear, it will probably move part of its production chain toother cit ies, he said.

Despite the difficult ies, Foxconn is st ill trying hard to meet the emissions reductiontarget set by the government. The group distributed its carbon credits to eachdepartment and ordered them to report their emissions levels every month. It alsoplans to build a trading mechanism within the group, so any department with a creditsurplus, will be able to sell it to other departments.

In 2008, Foxconn founded the Energy Efficiency Technology Committee to takecharge of the group's energy-saving and emissions-reduction work. By 2015, it will cutits energy consumption per unit of industrial output by 25 percent of the 2010 figure.Although the group's power consumption increased to 6.8 billion kilowatt hours in 2012from 6.3 billion kWh in 2011, a rise of 7.9 percent, the power consumption growth rateremains far below the 16.1 percent growth in industrial output.

Last year, the group invested 254 million yuan ($41.4 million) in 532 energy-savingprojects, saving 289 million kWh of electricity, equal to cutt ing carbon dioxideemissions by 203,000 tons.

Foxconn has also spent more than 23 million yuan to build a photovoltaic power stat ionwith an installed capacity of 2 megawatts at Longhua industrial park in Shenzhen. Thestation will generate 2.25 million kWh of electricity per annum, producing 2,232 fewertons of carbon dioxide, 67.5 fewer tons of sulfur dioxide and 33.75 fewer tons ofnitrogen oxide.

"We hope the government will introduce policies to encourage enterprises to increaseinvestment in technological reform, while promoting corporate restructuring," saidTsen.

The Shenzhen municipal government has subsidies for energy-saving projects, but itrequires each project to attract investment of at least 5 million yuan and save morethan 1,000 tons of standard coal.

"The bar is too high for small projects and small companies, and the applicat ionprocedure takes too long. Our factories in Shenzhen have just received subsidies of4.2 million yuan on projects we filed an applicat ion for in 2011," said Tsen.

(China Daily USA 07/29/2013 page7)

Most Viewed

A glimpse of traditional Chinese business blocksFreshmen of top universities from poorerfamilies work part time to reduce family burdenToyota warns of tough times ahead ascompetition heats upYaan’s dark tea: Ancient yet unknown to manyTop 10 countries for plastic surgeryChina asks further investigation on MH370Top 10 steel producers in ChinaChina willing to work with US to contribute toworld peace, stabilityTop 5 most popular drones in ChinaChina and US discuss ways to fight terror

Editor's Picks

Carbon markethelps cutemissions

Attractive Citiesfor Foreigners

Terraces on topof the world

No summerrelief forkindergarten

Safety worriesmount

Giving ancientLhasa a facelift

Today's Top News

Experts advise CEOs on how to make it in theUSIsraeli-Palestinian peace talks to resumeLatest US-China talks should smooth the wayAudit targets local government debt30 people killed in Italy coach accidentBrain drain may be world's worstIndustry cuts cloth to measure up to buyers'needsReckless projects undermine the prosperityhopes

US Weekly

Home China US World Business Sports Travel Life Culture Entertainment Photo Opinion VideoForum

I want to comment 0 have participated

Username Create an account Please read our community rules

Password Login I forgot my password

More China NewsSettling down after the high lifeMental health care falls shortDeliveries up as mercury risesComplaints spike over baby formulaE China chemical plant fire extinguishedRetiree entertainment center arson kills 2 inE China

More World NewsDeveloping Australia's north may be politicalpipedreamChina warily eyes Japan's Southeast Asiabuying bingeAbe seeking to win over ASEAN nationsHun Sen's party claims victory30 killed in Italy coach accidentUN chief slams upsurge of violence in Egypt

Photo

7 killed in Floridashooting spree

Sun Yang takes goldin 400m freestyle

Six dead, 12 missingin landslides, floods

Complaints spike oversubpar baby formulaimports

EU solar trade disputediffused

Deliveries up asmercury rises

DPRK stages militaryparade

Inner circle of luxury

Geared to go The place to be

Wild Beijing – Part 5:Swift Capital

Lithuanian PM:Lithuania To Adopt TheEuro In 2015

Special

Chinese HauteCouture Jiangnan Style

Star couple Animal photographerDo you approve of homeschooling?[Blog] Meeting up bloggers in BeijingWould you support adult children financially?Should tattoo be banned in the workplace?Dogs are forbidden in shops by law

ChinaPoliticsSocietySci-TechPeopleChina Scene

OpinionEditoralsOp-Ed ContributorsColumnistsThought Leaders

BusinessPoliciesEconomyCompaniesMarketsIndustriesOpinionGreen China

ForumNews TalkLeisure TimeEnglish StudyOverseas Students' FamilyEurope Discussion

WorldAsia & PacificAmericasEuropeAfricaMiddle EastKaleidoscopeNewsmaker

PhotoChinaWorldSportsSlidesOddPhotographers

LifePeopleX-RayHot Pot ColumnFoodRestaurant

VideoNewsBig TalkChina LiteTradition MissionFocus

EntertainmentCelebritiesMoviesMusicTelevisionStyle

Language T ipsBilingual NewsHot WordsBuzzwordsTranslationAudioMovie EnglishSurvival EnglishStudy Abroad

SportsChinaStarsGolfTennisOther Sports

MobileiPadiPhoneKindleAndroidBlackberry

| About Us | Advertise | Contact Us |

Copyright 1995 - 2013 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China DailyInformation Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher

resolution are suggested for this site.

License for publishing multimedia online 0108263 Registration Number: 20100000002731

Video Slide Photos