The Carbon Emissions and Coal Mining Exhibition in Shangxiang has emerged as a standout event at the 2007 China (Taiyuan) International Coal and New Energy Industry Expo. This year, the focus on carbon emission rights has drawn global attention, with numerous international companies showcasing their interest in China's growing CDM (Clean Development Mechanism) market. Among the exhibitors were notable names such as 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. These firms are actively seeking partnerships to develop and manage CDM projects, offering financial support, advanced technologies, and expertise in exchange for certified emission reductions.
Cindyk Carbon Resources UK Ltd. highlighted its use of advanced German Heraeus technology for treating nitrous oxide emissions from nitric acid plants. This platinum two-layer net bed system effectively eliminates 95% of nitrous oxide without compromising the production yield or quality of nitric acid. The company also developed a specific methodology, AM0051, which allows this technology to qualify for CDM projects. Additionally, Cindyk’s CBM extraction technology can capture methane gas with a concentration of 0.2% or higher from exhaust gases, enhancing both safety and economic efficiency in coal mining operations. However, the company noted that these technologies are not universally applicable. For nitrous oxide treatment, the plant must produce at least 30,000 tons of nitric acid annually and operate under medium or high pressure conditions. For CBM extraction and power generation, the methane concentration should be above 25%, with annual extraction exceeding 10 million cubic meters.
At the UK Climate Change Capital Group booth, there was a flurry of activity as several domestic companies engaged in discussions about potential CDM collaborations. A representative mentioned that the group has already invested in over 15 projects in China, including a major HFC-23 emission reduction project in Shandong. This project is expected to generate 4.2 million tons of CERs annually, totaling around 24 million tons by 2012, all of which will be purchased by the group. The company also provides full financing for such projects and is currently focusing on areas like industrial gas emission reduction, renewable energy, energy efficiency, and natural gas power generation.
UPM from Germany emphasized its commitment to creating carbon value through CDM projects. The company has allocated over 5 million yuan to identify and develop CDM opportunities globally, with more than 100 million euros available for investment. Their key areas of focus include reducing nitrogen dioxide emissions, recovering and utilizing methane, improving generator efficiency, and exploring alternative fuels.
Camco International, recognized as the "Global Best CDM Project Developer in 2006," presented its methodology incorporated into ACM0008, which covers the collection, utilization, and flaring of coal mine methane. At the expo, they hosted a seminar discussing clean development mechanisms in the coal and coking industries, bringing together experts and professionals from around the world. Bill Tonks, a UK expert on coalbed methane, highlighted the significant potential for CBM emission reduction in China, suggesting that domestic companies should focus on improving recovery rates, leveraging existing storage and utilization practices, and securing financing through carbon credit projects.
As the world’s largest developing country in terms of greenhouse gas emissions, China is increasingly prioritizing clean development mechanism projects to enhance energy efficiency, promote renewable energy, and manage methane and coalbed methane emissions. The power sector currently dominates China’s CDM market, while the chemical industry follows closely behind. Key accepted CDM projects include wind and hydropower, HFC-23 decomposition, methane recovery, biomass power, nitrous oxide decomposition, and fuel substitution initiatives. These projects play a crucial role in supporting sustainable development in China and aligning with global climate goals.
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