How green energy could fundamentally alter Chinese steelmaking

China aims to raise the share of non-fossil fuels in total energy consumption to about 20% and 25% by 2025 and 2030 respectively, according to an action plan formulated by the Central Committee of the Communist Party of China and the State Council to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.

That suggests an increasing importance and usage of green energy - energy that is produced with little-to-no environmental impact - amid the country’s decarbonization push.

“The change to the energy structure...

Published

Paul Lim

Zihuan Pan

January 11, 2022

08:57 GMT

Shanghai, Singapore