China’s coal-cutting efforts have global repercussions. — Reuters
CHINA’s power firms are on track to cut coal’s share of annual electricity generation to below 60% for the first time in 2024, which would mark a major milestone in the country’s efforts to transition energy production away from fossil fuels.
Reduced coal reliance by the world’s second-largest economy is a rare bright spot this year for climate trackers, who were disappointed by the recent COP29 meetings and are bracing for the United States’ withdrawal from the Paris Accord next year.
