Policy

China's Thin Line Between Energy Security, Transition  

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Associated Press

The headline-grabbing power crisis in China has caused factory shutdowns, residential blackouts and even traffic chaos. The main triggers were a ferocious energy appetite fueled by China’s strong post-Covid-19 economic rebound alongside surging global fuel prices. An unofficial ban on Australian coal imports, prompted by a political spat, did not help. Mishandled efforts to curb emissions through power rationing, as well as shortfalls in wind and hydropower, also aggravated the problem. The crisis shines a light on the struggle of balancing economic growth and energy security with the low-carbon transition.

Topics:
Policy and Regulation, CO2 Emissions, Low-Carbon Policy, Coal
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