China’s Long Journey To Decarbonize

Capt. John
  • Natural gas has yet to hit its peak by 2030 before it begins to decline, but still has a greater role in the energy mix than oil by 2050.
  • Coal accounted for about 58% of China’s total primary energy consumption in 2019, followed by petroleum accounting for 20%.
  • Platts Analytics said it assumes China will have about 600 GW of operational coal capacity by 2050.
  • State-owned enterprises accounted for a 36% share of global energy investment in 2019, and around 40% of power, oil and gas investment.

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