Australia Rejects U.S., EU Call for Global Methane Agreement
Australia is rejecting a push by the U.S. and the European Union to join a global pact to cut methane emissions, expected to be announced at the crucial COP26 summit Continue Reading
China petrol price surge exacerbates energy crisis
China’s efforts to ease an energy crunch by stabilising volatile coal prices have been complicated by a surge in wholesale petrol and diesel costs, forcing filling stations to ration fuel. Continue Reading
Why China Is the World’s Last ‘Zero Covid’ Holdout
The government has staked its political legitimacy on controlling the virus better than other countries, especially its geopolitical rivals. The trip began in Shanghai, where the couple, both former professors, Continue Reading
China Gas Stations Ration Diesel
Long lines of vehicles are snaking from pump stations across Guangxi and Anhui province in east and southwest China. Fuel retailers in parts of China are rationing diesel volumes to Continue Reading
The World’s Most Consumed Edible Oil Is Facing a Supply Crunch
Global Supply Chain Chaos Palm oil production in Malaysia is on course for its weakest showing in five years as planters grapple with the worst-ever labor shortage in the second-biggest Continue Reading
China’s Energy Crisis Complicates Its Plans for Climate Announcements Ahead of COP26 – WSJ
Starting in late September, China’s top leadership began holding a series of emergency meetings. An energy crisis had started to engulf the country, propelled by high coal prices. And it wasn’t Continue Reading
China unveils new climate plan as UN chief warns on targets
China has outlined a plan to hit peak greenhouse gas emissions by the end of the decade, releasing a long-awaited blueprint just days ahead of the UN’s COP26 climate summit Continue Reading
Chinese Economy Risks Deeper Slowdown Than Markets Realize
China’s economy risks slowing faster than global investors realize as President Xi Jinping’s push to cut its reliance on real estate and regulate sectors from education to technology combine with Continue Reading
Vegetables pricier than pork worry Chinese consumers as costs swell
Vegetable prices are surging in China after heavy rain swamped crops this month, fuelling concern over food prices at a time when consumers must brace for a hike in energy Continue Reading
China Could Build New Coal Plants Overseas Even After Xi Pledge
Chinese state-owned enterprises have a massive pipeline of coal-fired power projects in more than a dozen countries and it remains unclear if they’ll be scrapped, even after President Xi Jinping’s Continue Reading