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Huandeng Power International has said that it is trying to raise $1.1 billion through the sale of 800 million Shanghai-traded shares and 400 million Hong Kong-traded shares.
Shanghai , and other regions of are limiting electricity use as record low temperatures boost demand and snowfalls have restricted coal deliveries needed to generate power.
Denmark’s Prime Minister, Lars Rasmussen, the new COP President, has spoken of “very fruitful” talks, in which he claimed that the USA and China have indicated the possibility that they might be willing to consider making some concessions in order to achieve some sort of deal that will enable the world leaders in Copenhagen to claim the conference to have been a major triumph.
In , the island state of has proposed two major agenda items that have brought about an effective suspension of activities by both the Conference of Parties to the UNFCCC (COP) and the Conference of Parties Acting as the Meeting of Parties to the Kyoto Protocol (CMP). has insisted on a formal debate at COP and CMP regarding its agenda items.
The Chinese government has unveiled firm targets for curbing its carbon footprint for the first time, and it confirmed that China will be represented by the Prime Minister, Wen Jiabao at the Copenhagen climate talks.