By Green Wise Low carbon deals take centre stage as UK and China trade talks openUnited Kingdom
The biggest deal unveiled today was between Rolls-Royce and China Eastern Airlines, which signed an order worth $1.2 billion for Rolls-Royce to supply Trent 700 engines to power 16 Airbus A330 aircraft. The two companies also signed a carbon partnership, which aims to reduce CO2 emissions by 190,000 tonnes a year. The partnership will see Rolls-Royce provide a fuel management service for the airline's fleet of more than 300 aircraft as well as provide upgrades on Trent 700 engines on China Eastern's existing 20 A330s.
Commenting on the carbon partnership, Liu Shaoyong, chairman, China Eastern, said: "We anticipate [it] will reduce fuel consumption by at least two per cent in its first year alone, the equivalent of a 190,000 tonne reduction in CO2, which equates to the amount of CO2 produced by 80,000 cars over the same period."
UK trade delegation
The deal was one of several low carbon announcements made today, as the Prime Minister David Cameron led a 50-strong delegation of UK business leaders to promote UK-China trade and business links and the biggest ever Government delegation to China, including Chancellor George Osborne, Business Secretary Vince Cable and Energy Secretary Chris Huhne.
Other high profile low carbon announcements between the two countries today included Tesco signing a climate change memorandum of understanding with the Ministry of Commerce, in line with the retailer's commitment to become zero carbon worldwide by 2050, and Fudan University being named the Chinese hub of the UK's Tyndall Centre, which tackles issues around climate change.
Tackling climate change
The Fudan project will receive £35 million over five years form the National and Shanghai governments, underlining the importance China is placing on tackling climate change.
China is poised to become the world's biggest emitter of greenhouse gas and today Business Secretary Vince Cable said the country offered a "huge opportunity" for UK businesses.
"I warmly congratulate those companies that have announced deals today [and] would urge more companies to follow in their footsteps. China is our ninth largest export market, but it is the world's second largest economy and the potential for expanding our partnership is huge."
Other low carbon deals announced today included a £2 million agreement between Yuchai Engineering Machinery Co. Ltd, the largest diesel engine manufacturer in China, and Brunel University in Uxbridge to use Brunel's novel Regenerative Engine Braking Stop/Start technology; Arup agreeing a study of the greenhouse gas emissions of the city masterplan of Beijing with the planning arm of the Beijing Planning Commission; and Eco-Solids of New Milton, near Bournemouth, finalising its first unit for the stabilisation of sewage sludge into an environmentally safe and stable product for use as an agricultural soil conditioner.
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