As the leaders of the world’s two largest economies meet in Beijing this week, a new analysis underscores a growing divergence between China and the United States in shaping the global energy system. While Chinese companies continue to expand their dominance of clean energy industries, the data shows, their American counterparts are withdrawing from those…
A decade ago Jua Power, a family-owned solar-energy firm, had little reason to leave China in search of customers. With the country in the midst of a green-energy boom, “we had plenty of orders domestically,” recalls Xu Bo, its chief executive. But as China’s economy has slowed and profits in its solar industry have fallen,…
Credit: ZME Science. After the war in Iran repeatedly choked ship traffic through the Strait of Hormuz, one of the planet’s most important energy corridors, governments did what governments usually do in a crisis. They searched for more fuel elsewhere, something which has particularly benefited the United States, whose energy exports just hit all-time highs….
When Gary Dirks arrived in China in 1995, the country’s government was looking to source more of its energy at home. Dirks was the incoming country head for BP, but efforts to find more oil and gas in the country had largely fizzled. So government leaders pivoted, Dirks said. China invested heavily in its domestic…
From our collaborating partner “Living on Earth,” public radio’s environmental news magazine, an interview by host Steve Curwood with journalist Isabel Hilton. As the United States fully withdrew from the United Nations climate negotiations in the fall of 2025, China stepped forward with an absolute emissions-reduction target of at least 7 percent by 2035. While…
Today’s ESG Updates US Calls for Doubling Global Oil Output at Davos: At the World Economic Forum in Davos, the U.S. energy secretary argued that global oil production must more than double, criticising EU and California climate regulations as barriers to energy security. China Defends Wind Power Strategy After Trump Criticism: China pushed back against…
The upcoming wedding of the founder of a renowned milk tea company from a grass-roots background and the daughter of a wealthy family that owns a leading solar energy firm has captivated the Chinese public and is trending online. Zhang Junjie, the driving force behind the Chinese milk tea brand Chagee, and his bride Gao…
On November 10, the “China Pavilion” series of side events at the 30th UN Climate Change Conference (COP30) kicked off in Belém, Brazil, with its first session focusing on ecological civilization and the practice of building a “Beautiful China.” At this important global forum, Huasun Energy was selected for “Exemplary Practices of Chinese Corporate Carbon…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
Almost exactly 10 years ago, a remarkable thing happened in a conference hall on the outskirts of Paris: After years of bitter negotiations, the leaders of nearly every country agreed to try to slow down global warming in an effort to head off its most devastating effects. The core idea was that countries would set…