China could lead the world to net zero
China, with an 18% share of the global population, uses 26% of the world’s primary energy and emits 33% of the world’s energy-related CO2. The energy transition unfolding in the country isn’t merely a national affair as its ramifications echo globally, explains Mahnaz Hadizadeh, a researcher for consultancy DNV.
China currently finds itself in a transitional space in terms of its energy profile. It is by far the largest global consumer of coal, with more than 50% of worldwide consumption, yet it is also by far the leading installer of renewable energy generation capacity. This paradox currently places China behind affluent Western counterparts in …
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