Quotes from the news wire:
China's electricity demand has been incredibly flat in the past, because so much of it has come from the industry, not from households or services. Now with air conditioning becoming more common, the demand is becoming higher, at the same time, rains are becoming more errant. Heavy rains and periods of drought make hydropower much less reliable as a source of available capacity during those peaks.
Found on CNN 2 years ago
So far, the government seems to be walking a line of maintaining friendly relationships with Russia without encouraging or directing Chinese firms to increase business with the country, and discouraging anything that might run afoul of the sanctions imposed on China, this line does mean that China's imports from Russia are likely to grow simply on market basis, as other buyers move to embargo Russian fossil fuels.
Found on CNN 2 years ago
After Russia started the assault, Chinese and many other buyers initially scaled back purchases to assess the risk of secondary sanctions.
Found on CNN 2 years ago
The significance of the [ Xi ] announcement is precisely in the potential for shifting the energy, emissions and investment trends that have been shifting in a concerning direction in the past few years.
Found on CNN 4 years ago
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