Chinese authorities have asked that state companies reduce their energy consumption and carbon dioxide emissions by 2025 compared to 2020 levels as part of China‚Äôs plan to have its CO2 emissions peak before the end of this decade. State-controlled firms in China must slash their energy consumption per 10,000 yuan ($1,570) of output value by 2025 to 15 percent below the levels seen in 2020, Reuters quoted the State Assets Supervision and Administration Commission (SASAC) as saying in a statement on Thursday. Carbon dioxide emissions at state-held firms per 10,000 yuan of output value must also decline by 2025, by 18 percent compared to 2020, the asset supervision body said. China, which targets to reach carbon neutrality by 2060, has an interim goal to see its CO2 emissions peak before 2030 . Earlier this year, Chinese authorities ordered heavy energy-intensive industries such as oil refining, steelmaking, aluminum production, and […]