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The Greening of AsiaThe Business Case for Solving Asia’s Environmental Emergency$
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Mark Clifford

Print publication date: 2015

Print ISBN-13: 9780231166089

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231166089.001.0001

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“Adhere and Prosper”

“Adhere and Prosper”

One Company’s Quest for Green Power

Chapter:
(p.187) 8 “Adhere and Prosper”
Source:
The Greening of Asia
Author(s):

Mark L. Clifford

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231166089.003.0008

This chapter focuses on Michael Kadoori’s Hong Kong-based company, CLP Holdings, which in 2007 pledged to reduce the carbon intensity of its electricity production by more than 75 percent by 2050. To do this, CLP decreases its carbon intensity per kilowatt of electricity generated by more than three quarters. The CO2 emissions intensity of its generating portfolio is targeted to fall from the 2007 level of 840 grams of CO2 for every kilowatt of electricity to 600 grams by 2020, and 200 grams by 2050. By 2012, the company had taken the share of its electricity generated by renewable energy from less than 1 percent in 2004 to 20 percent with a series of investments ranging from wind farms in India to a solar farm in Thailand to a cotton-waste-burning biomass facility in China. By the next year, 2013, it had become the largest foreign investor in renewable energy in China as well as the largest wind energy developer in India.

Keywords:   Michael Kadoori, CLP Holdings, carbon intensity, electricity production, renewable energy, wind farms, solar farm, biomass

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