Datang International is pinning its hopes on China further liberalising its power market, to help it transition to clean energy to meet its climate goals.
Chinese energy companies are accelerating issues of special-purpose bonds, in a move that experts say will help companies amid a volatile global energy market and ensure sufficient domestic energy supply during the upcoming winter season.
Russia’s war on Ukraine is blackening China’s decarbonisation drive. President Xi Jinping’s administration is ramping up domestic output to avoid power cuts, embracing the fossil fuel more tightly as wealthy nations bid aggressively to replace Moscow’s natural gas supplies. It’s a rational financial choice for the top polluter. Europe’s scramble for alternatives to Russian gas .
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