China’s Energy Strategy Success Threatened by Coal Sector’s Dominance: Implications for Global Climate Goals

Viewpoint | China's effective energy strategy falls short in achieving climate objectives

Beijing's energy strategists have devised a successful method, however, the power of China's coal industry could potentially reverse advancements in emission reductions.

Last month, reports emerged about the potential sale of Sinochem's holdings in a US shale oil project in Texas's Permian Basin. The firm owns a 40% interest in the highly productive Wolfcamp shale operation, in partnership with US giant ExxonMobil.