Much is being made of Beijing’s efforts to meet its environmental emissions targets — the country states it will hit peak emissions before 2030 and carbon neutrality by 2060 — and its restricted steel and aluminium production. But a recent Reuters post by John Kemp suggests output is being impacted more by a widening electricity crisis than by enforced shutdowns to meet environmental goals.
China’s energy crisis Kemp explains that China is in the grip of a severe shortage of both coal and electricity. Coal output has not…China Can’t Keep Up With Surging Energy Demand
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