Commentary: China's changed stance on coal reveals economic challenges of carbon neutrality - CNA


5/25/2022 12:00:00 AM3 years 9 months ago

China's dual challenges of energy security and economic stability have resulted in greater awareness that it needs to phase out coal more gradually, says an analyst.

According to Morgan Stanley research estimates, solar, onshore wind and nuclear are on average 29 per cent cheaper than coal and gas in China. However, accounting for the cost of energy storage, rene… [+1582 chars]

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