China’s coal imports hit new high
China’s economy is slowing as a result of Covid, the oil crisis, and housing difficulties
China’s third-quarter economic growth was lower than predicted, according to official statistics released Monday, as the property industry suffered under stricter regulatory measures and an oil crisis loomed. The world’s second-largest economy is losing speed after a quick coronavirus comeback,…
According to a power company executive, Asia’s shift to renewable energy may be accelerated
KEY FACTS According to Eugene Cheng, global chief financial officer of Sembcorp Industries, Asia may accelerate its shift to renewable energy According to Cheng, renewable energy accounts for more than 20% of average energy generation in Asia, compared to more…
China’s reliance on coal is being questioned as a result of the energy crisis
The current Chinese energy crisis has shown the difficulties Beijing confronts in decarbonizing one of the world’s most powerful economies In a nutshell, the issue is coal China is both the greatest consumer and producer of coal in the…
The energy crisis could not have arrived at a more inconvenient moment for the environment
Chinese officials have ordered coal-fired power facilities to substantially increase output. The European Union is facing a backlash over its ambitious climate deal. US Vice President Joe Biden has written to OPEC members urging them to increase oil output. So…
Climate change: In 2021, carbon emissions from developed nations increased dramatically
According to a recent study, carbon emissions are recovering strongly and growing in the world’s 20 richest countries According to the Climate Transparency Report, CO2 levels would rise by 4% throughout the G20 this year, after falling by 6% in…