China's coal phase-out has so far been little more than lip service. The country builds and plans a large number of fossil-fuel power plants and invests in corresponding projects worldwide. Even worse, foreign investors continue to pour money into China's coal industry projects. German financial firms are among them.
By Redaktion Table
Xi Jinping will attend Joe Biden's climate summit starting today. China wants to become climate neutral by 2060, but its climate record so far is very contradictory. While Beijing is investing heavily in renewable energy, it is also spending heavily on heavy industry. At the climate summit, Xi is expected to commit to a more ambitious climate strategy.
By Christiane Kuehl
Hydrogen engines have the potential to turn the car industry around in times of climate change. China initially wants to establish the technology primarily in commercial vehicles, trucks, and buses because the tanks can be better accommodated in large vehicles. China is already the world's largest producer of hydrogen, with an annual production of 20 million tons. Much of this is not yet green hydrogen.
By Frank Sieren