EIA says China ‘deserves more credit’ for renewable energy effort; Beijing combines air pollution prevention with local network surveillance

（2015/06/15-2015/06/21）

Review of International Energy News
——China should be given more credit for its investment in clean electricity, the head of the International Energy Agency says on 15th June, 2015.
——Shale gas industry in the United States has got severe attacks because of the sharp decrease in crude oil price according to 2015 EIA Energy Conference on 15th June, 2015.
——On 15th June, according to World Energy Outlook Special Report 2015: Energy and Climate Change from IEA, the IEA feels an obligation to make a contribution to COP21 – a contribution which reconciles climate and energy needs.
——On June 18, 2015, NYMEX-traded WTI (West Texas Intermediate) crude oil futures contracts for July delivery rose by 0.88% and settled at $60.45 per barrel due to the appreciating US dollar and declining crude oil inventories.

Review of Domestic Energy News
——Beijing has brought air pollution prevention into the framework for local network surveillance with the cost control and the long-term plan for multiple towns in Beijing.
——Beijing Municipal Environmental Protection Bureau recently issued five new air pollutant emission standards for five industries of boilers, oil refining and petrochemical, printing, furniture manufacturing and crematories.
——After launching the Electricity Transmission and Distribution Price Reform Pilot Project in Shenzhen on New Year’s Day of 2015, the National Development and Reform Commission recently reviewed and approved a pilot reform plan on electricity transmission and distribution price submitted by West Inner Mongolia Power Grid (WIMPG).
——China’s coal market is not promising with the declines in both coal demand and its supply, which becomes worse when it comes to the lower price of Australian coal.