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CHICAGO, April 5 (Xinhua) -- There are some very exciting opportunities for collaboration between the United States and China in carbon exchange, said a senior executive in Chicago Monday.Richard L. Sandor is chairman and founder of the Chicago Climate Exchange (CCX), the world's first and North America's only voluntary, legally binding greenhouse gas cap-and-trade system. Sandor is also chairman of the Chicago Climate Futures Exchange ( CCFE), the world's leading futures exchange for environmental products.Sandor told Xinhua in an exclusive interview, "I recently spent two weeks in Beijing, Shanghai, Tianjin and Hong Kong. My view, based on the people I've met with on my trips and that I work with everyday, is that there are some very exciting opportunities for collaboration between the U.S. and China in the field of carbon exchange."He said that a great example is the recent establishment of a joint venture between Chicago Climate Exchange and two Chinese partners -- China National Petroleum Corporation and the City of Tianjin. Working together they will develop an electronic emission trading platform and auction facility for financial products to reduce sulfur dioxide emissions and water pollutants, as well as enhancement of energy efficiency, said Sandor.Sandor added, "The Tianjin Climate Exchange (TCX) has begun to implement pilot initiatives that can help pave the way for a strong market-based infrastructure that facilitates the environmental and policy goals of the People's Republic of China."When talking about the opportunities and challenges facing the U.S.-China collaboration in carbon trading area, Sandor said, "We operate in a range of legal and regulatory frameworks with global affiliates in the United States, Europe, China, Australia and Canada. While each country has unique characteristics that come with different demands and needs, what seems to be clear across the board is the importance a market mechanism will play in meeting those demands."He further explained, "Interest is growing globally in carbon markets as a way to achieve better strategic management of energy costs, new products, new sources of revenue, job creation and poverty alleviation. Going forward this is likely to develop on what could be called a "pluri-lateral" basis. There will be markets in different parts of the world that are linked by similar contracts -- much like you see with crude oil today or like we saw with cotton in the 19th century."The farming and forestry carbon exchange offsets program has been an important part of Chicago Climate Exchange. Sandor said, " Since Chicago Climate Exchange began in 2003, the offsets program has covered approximately 17.2 million acres, 9,000 individual farmers, ranchers and forest owners and 32.4 million metric tons of offsets. Mitigation practices taking place on farms, ranches and forests are good for water, wildlife and the climate, while providing a new income source for rural economies. "Regarding the effect of the offsets program, Sandor said, " Thousands of farmers, foresters and ranchers who commit to exceptional management practices that remove carbon from the air are now earning new income. The verified best practices that are used by land managers make crops better able to weather climate extremes, generate clean economy jobs, and incentivize new techniques that can further cut emissions.""However, this is only a small part of what Chicago Climate Exchange members have been able to achieve," said Sandor. "Of all reductions made by CCX members since 2003, about 15 percent have been through offset projects. The remaining cuts are made through companies that are taking a broad range of steps to reduce their emissions. Electricity generators have implemented efficiency retrofits at power plants, used lower-carbon fuels, and optimized nuclear and hydro plant operations."When commenting on the U.S. legislation on carbon exchange, Sandor told Xinhua, "In June of 2009 a comprehensive climate legislation bill was approved by the U.S. House of Representatives which included a national greenhouse gas reduction and trading system with compliance required starting in 2012. In the Senate, progress continues on multiple fronts. Senator Kerry is currently collaborating with Senators Lieberman and Graham to craft a bill with bipartisan support."He continued, "While policymakers at the federal level work through the details of a federal bill, interest is growing in regionally mandated markets, such as the Regional Greenhouse Gas Initiative, which trades on the Chicago Climate Futures Exchange ( CCFE). State governments are increasingly looking to encourage renewable power generation and driving growth in renewable markets. "Sandor is also a research professor at the Kellogg Graduate School of Management at Northwestern University where he teaches a course on environmental finance. He is a Member of the International Advisory Council of Guanghua School of Management at Peking University and a member of the TERI School of Management Advisory Committee in India. Sandor previously taught at the University of California Berkeley, Stanford University, and Columbia University.

BEIJING, April 22 (Xinhua) -- Foreign leaders and heads of international and regional organizations continued to send condolences to China on Wednesday and Thursday over the strong earthquake that hit Yushu County in northwest China's Qinghai Province on April 14.King of Thailand Bhumibol Adulyadej, Princess Sirindhorn, Prime Minister Abhisit Vejjajiva conveyed deep condolences to the victims, their families and the Chinese people, and wished that the injured recover soon.King of Saudi Arabia Abdullah Bin Abdul-Aziz, Crown Prince and Vice Prime Minister Sultan Bin Abdul-Aaziz sent their sincere condolences to the Chinese people.Israeli President Shimon Peres expressed sincere condolences and sympathy to the Chinese people, especially to the families of the victims. He said he believed China would overcome the disaster soon.Turkish President Abdullah Gul expressed deep sorrow over the huge casualties in the quake. He also offered condolences to the families of the victims and wished the injured a quick recovery. Gul said that the Turkish people would like to share the sorrow of the Chinese people.Maldivian President Mohamed Nasheed expressed great sorrow over the huge casualties in the earthquake, and conveyed deep sympathy to the people affected by the quake. He also sent his sincerest condolences to the families of the victims.Singapore's Senior Minister Goh Chok Tong sent condolences to the Chinese people.Marzuki Alie, speaker of the House of Representatives of Indonesia, expressed condolences to the victims and the Chinese people.Ethiopian President Girma Wolde Giorgis expressed great sorrow over the huge casualties in the earthquake and sent deep sympathy and condolences to the Chinese people and the families of the victims. He said he firmly believes that the Chinese people would overcome the disaster under the leadership of their government.Tanzania President Jakaya Mrisho Kikwete sent condolences to the victims and sympathy to the families affected by the quake.Tunisian President Zine Al-Abidine Ben Ali expressed sincere condolences and deep sympathy to the Chinese people.Jose Maria Pereira Neves, the prime minister of Cape Verde, and the president of the country's National Assembly, Aristides Raimundo Lima, conveyed deep condolences to the victims, their families and the Chinese people.Pakalitha Mosisili, prime minister of Lesotho, sent his deepest condolences to the victims of the earthquake and wished the injured a quick recovery.Guinea Parliament Speaker Bissau Raimundo Peireira expressed sincerest condolences to the families of the victims.Polish Prime Minister Donald Tusk and Vice Prime Minister Waldemar Pawlak conveyed their deepest sympathy and sincerest condolences to the families of the victims. They said that the Polish and Chinese people were sticking together at the moment.Juan Somavia, director general of the International Labor Organization,sent condolences to the victims and sympathy to the people affected by the earthquake.Edouard Dayan, the director general of Universal Postal Union's International Bureau, expressed sympathy to the Chinese people.Thai Foreign Minister Kasit Piromya, Secretary of Foreign Affairs of the Philippines Alberto Romulo, and Malta's Minister of Foreign Affairs Tonio Borg sent messages of condolence to their Chinese counterpart Yang Jiechi.

BEIJING, April 13 (Xinhua) -- China's drought relief authorities said Tuesday heavy rains had eased the drought in southwest China's Sichuan Province, but dry weather and high temperatures continued in other affected regions.Compared with data collected last Sunday, people and livestock facing shortage of drinking water in Sichuan had decreased by 500,000 and 560,000 respectively by Tuesday, said the Office of State Flood Control and Drought Relief Headquarters (SFDH).Heavy rains also reduced the area of affected arable land in Sichuan by 2.33 million mu (155,333 hectares) by Tuesday, according to the SFDH.However, drought still persisted in other areas, including the provinces of Yunnan and Guizhou and Guangxi Zhuang Autonomous Region as rain in these regions was far from adequate.As of Tuesday, drought had left 24.62 million people and 18.08 million livestock short of drinking water, said the statement.

BEIJING, April 6 (Xinhua) -- Chinese President Hu Jintao vowed Tuesday to further improve officials' capability to guide development in a scientific way, as an 18-month nationwide study campaign for the Communist Party of China (CPC) drew to a close. Hu hailed the campaign implementing the Scientific Outlook on Development as "effective" while delivering the keynote speech at a conference that marked the campaign's conclusion.The study campaign achieved its aim of enhancing CPC members' ideological understanding, solved prominent problems, innovated mechanisms, promoted scientific development, and strengthened grassroots party organizations, Hu said. Chinese President Hu Jintao delivers a keynote speech at a conference, which is held to conclude a nationwide campaign of studying and implementing the Scientific Outlook on Development, in Beijing, capital of China, April 6, 2010"However, there is still a lot to do to apply the campaign's achievements to regular work," he warned.The just-concluded campaign focused on educating officials above the county-level.Hu said the CPC will draw on campaign experiences to strengthen officials' education and training in the future and to improve their capabilities in planning and promoting development, providing public service, and maintaining social stability."The implementation of the Scientific Outlook on Development hinges on government officials at various levels," he said.