China has to balance an immediate need to keep the lights on — via more coal — and its ambitious decarbonization targets, said Gavin Thompson of Wood Mackenzie.
China may have to set aside its ambitious plans to cut carbon emissions — at least in the short term — in order to tide over its worsening power crisis, said analysts.
Barclays Research said Chinese authorities are likely to relax limits for energy use and energy intensity this year, and "substantially increase" coal imports in the fourth quarter. China may have to set aside its ambitious plans to cut carbon emissions — at least in the short term — in order to tide over its worsening power crisis, said analysts.
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