China aims for greener energy mix with higher non-fossil fuel target
Beijing’s 2025 goal is in line with climate commitments made last year by Xi Jinping, analysts say
Wind and solar sources offer best potential, given nuclear reactor risks and little room for hydropower growth
China’s top steelmakers see strong demand in 2021, but slow shift to carbon neutrality
Chinese steel producers remain bullish about domestic demand this year, but have expressed concern about high iron ore prices
The transition to greener methods of production is likely to take a back seat to consolidation of steel mills, steel producers say
China’s 2060 carbon neutral pledge ‘incompatible’ with expansion of oil and gas pipelines, study says
China has 34,273km of oil and gas transmission pipelines under construction or in construction planning, more than any other nation on the basis of length
But the expansion is at odds with China’s undertaking to reach net zero carbon emissions and could lead to stranded assets amid a clean energy shift
China is smashing wind power building records and continues to show strong solar growth, making it a top destination for foreign clean-energy investment, but it needs to halt coal-fired plants to meet its 2030 objectives, analysts say.