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China sets carbon reduction target at 17% per unit of GDP

China set a cautious new climate target for the rest of the decade, reports Bloomberg, which says the goal frustrates hopes for tighter policy that would accelerate the nation’s work to curb emissions. A new goal pledges to cut carbon emissions per unit of GDP by 17% by 2030 and compares to a previous objective to […]

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Autos Brief Energy & Environment

Geely chairman proposes methanol trucks to cut emissions

Li Shufu, chairman of vehicle manufacturer Geely, has proposed that China promote methanol-powered trucks for medium- and long-distance freight, reports Caixin. He argues they offer a practical way to decarbonize a sector where electric and hydrogen options have struggled to gain traction. Li, a member of the Chinese People’s Political Consultative Conference (CPPCC), submitted the […]

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Brief Commodities Energy & Environment

Chinese oil refineries cut back operations amid Iran uncertainty

Zhejiang Petrochemical Corp, a major Chinese refiner backed by Saudi Aramco, is shutting a 200,000-barrel-per-day unit, reports Reuters. The refinery is bringing forward maintenance in response to the Middle East conflict’s impact on crude supply, it said on Tuesday. Separately, another ‌Chinese refiner backed ⁠by Aramco, ⁠Fujian Refining and Petrochemical, or FREP, shut its 80,000 bpd […]

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Brief Economics & Trade Energy & Environment

China’s wind turbine exports hit record high in 2025

China’s wind turbine exports reached a record high in 2025, increasing about 50% from a year earlier to roughly 8 million kilowatts, reports Caixin. This comes as manufacturers accelerated a strategic shift toward building production bases overseas. The export estimate was based on data released in late January by Qin Haiyan, secretary general of the Wind […]

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Brief Energy & Environment

China’s emissions fall for first time since 2022

China’s carbon dioxide emissions fell 0.3% in 2025, reports Bloomberg. This is the first annual decline since Covid-era restrictions in 2022 and a reduction that’s happened even as energy demand growth remains strong. The drop, outlined in an analysis by the Centre for Research on Energy and Clean Air for Carbon Brief, was driven by a fall in emissions across […]