China announced it would curb coal consumption in its economic plans spanning the next 10 years at US President Joe Biden’s global climate summit April 22, in addition to affirming its existing targets on peak carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The precise language around limiting coal consumption could dim the prospects for unfettered growth in coal-fired power generation, which dominates China’s energy mix, and pave the way for a more aggressive push for fuels like natural gas/LNG, nuclear and renewables. “China has committed to move from carbon peak to carbon neutrality in a much shorter time span than what might take many developed countries, and that requires extraordinarily hard efforts from China,” according to a transcript of Chinese President Xi Jinping’s speech at the summit. “The targets of carbon […]