In a bid to cut emissions, China will begin phasing down its consumption of coal in 2026-2030, Chinese President Xi Jinping said during the U.S.-led virtual Leaders’ Summit on Climate on Thursday, as carried by Reuters. Earlier on Thursday, the energy regulator of China said it would target to reduce the share of coal in the total energy mix to below 56 percent in 2021. China has pledged to reach carbon neutrality by 2060, and to see its greenhouse gas emissions peak before 2030. Yet, Beijing continues to plan, approve, build, and commission…
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