The Carbon Emissions and Coal Mining Exhibition in Shangxiang has emerged as a key highlight of the 2007 China (Taiyuan) International Coal and New Energy Industry Expo. With growing global attention on carbon emissions, companies from around the world have shown strong interest in China's emerging carbon market. Reporters observed that numerous international firms, including Cindyk Carbon Capital Limited, UPM from Germany, Ruhr Mine Consulting and Trading Co., Ltd., Camco International Coal Assets Information Consulting Co., Ltd., and the British Climate Change Capital Group, were actively engaging with Chinese stakeholders. These companies expressed willingness to invest in funds, advanced technologies, and key equipment for CDM (Clean Development Mechanism) projects, while also purchasing the resulting emission reductions.
Cindyk Carbon Resources UK Ltd. showcased its innovative approach using advanced German Heraeus technology for nitrous oxide treatment in nitric acid plants. This platinum two-layer net bed technology can eliminate up to 95% of nitrous oxide without affecting the yield or quality of nitric acid. The company also developed a new methodology, AM0051, specifically tailored for CDM projects. Additionally, their CBM extraction technology significantly enhances methane recovery, allowing for the separation of methane gas with a concentration of 0.2% or higher from exhaust gases, improving both safety and economic efficiency in coal production. However, the company emphasized that their technologies are not universally applicable. For nitrous oxide treatment, the plant must produce at least 30,000 tons of nitric acid annually and use medium- or high-pressure production methods. For CBM extraction and power generation, the methane content should be no less than 25%, with an annual extraction volume of at least 10 million cubic meters.
At the UK Climate Change Capital Group booth, staff were busy negotiating with several domestic companies for potential CDM project collaborations. A representative noted that the group has over 15 active projects in China, including a significant agreement with a Shandong-based refrigerant manufacturer. Under this deal, the group will purchase Certified Emission Reductions (CERs) from HFC-23 emission reduction projects, which are expected to generate 4.2 million tons of CERs annually, totaling around 24 million tons by 2012. The group is fully financing the project. Their current focus areas include industrial gas emission reduction, renewable energy (such as wind and biomass), energy efficiency improvements in large steel and cement plants, natural gas power generation, CBM utilization, and coke oven gas power generation.
Meanwhile, at the UPM booth in Germany, the slogan “Create Carbon Value for Your Project†stood out. The company has invested over 5 million yuan globally in screening CDM projects, with more than 100 million euros available for investment. Their main development areas include nitrogen dioxide emission reduction, methane recovery, improved generator efficiency, and fuel alternatives.
Camco International, the winner of the "Global Best CDM Project Developer in 2006," also made a strong impression. Their methodology was integrated into ACM0008, covering coal mine methane collection, utilization, and flaring. At the expo, they organized a seminar on clean development mechanisms in the coal and coking industries, bringing together experts and professionals from across the globe. Bill Tonks, a UK expert on coalbed methane, highlighted the vast potential for CBM emission reduction in China. He suggested that domestic companies should enhance CBM recovery efficiency, maximize storage and utilization experience, and seek financing through carbon emission reduction projects.
China, currently the world’s largest developing country in terms of greenhouse gas emissions, is focusing on improving energy efficiency, promoting renewable energy, and recycling methane and coalbed methane. The power sector represents the largest share of China’s potential CDM market, followed closely by the chemical industry. So far, accepted CDM projects mainly involve renewable energy, such as wind and hydropower, HFC-23 decomposition, methane recovery, biomass power generation, nitrous oxide decomposition, and fuel substitution. These initiatives play a crucial role in supporting China’s sustainable development.
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