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China’s quick way of going green: cutting production to cut emissions — Alexander Brown

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China is demonstrating that it is taking this seriously.MERICSChina’s quick way of going green: cutting production to cut emissionsAlexander Brownhttps://merics.org/en/short-analysis/chinas-quick-way-going-green-cutting-production-cut-emissionsSee alsoAlso at the news conference, the U.S. President said he was confident the country could meet his administration's goal of emission cuts, which is 50 percent from 2005 by 2030. Yet, the president acknowledged that the renewable shift cannot happen overnight."On the surface, it seems like an irony," Biden said, referring to his call on OPEC+ to add more oil production while heading for COP26 to discuss the reduction of global emissions. "But the truth of the matter is ... everyone knows that idea that we're going to be able to move to

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China is demonstrating that it is taking this seriously.

MERICS
China’s quick way of going green: cutting production to cut emissions

Alexander Brown
https://merics.org/en/short-analysis/chinas-quick-way-going-green-cutting-production-cut-emissions

See also
Also at the news conference, the U.S. President said he was confident the country could meet his administration's goal of emission cuts, which is 50 percent from 2005 by 2030. Yet, the president acknowledged that the renewable shift cannot happen overnight.

"On the surface, it seems like an irony," Biden said, referring to his call on OPEC+ to add more oil production while heading for COP26 to discuss the reduction of global emissions. "But the truth of the matter is ... everyone knows that idea that we're going to be able to move to renewable energy overnight ... it's just not rational."

Oilprice
Irina Slav
https://oilprice.com/Energy/Crude-Oil/Biden-OPEC-And-Russia-Must-Pump-More-Oil-To-Help-Americas-Working-Class.html
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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