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Subject:  Re: Coal is losing the price war to wind and sol Date:  5/10/2021  12:07 PM
Author:  jaagu Number:  92597 of 93916

Li said that coal accounted for 56.8% of China’s domestic energy generation in 2020, down from 72.4% 15 years ago. As of last year, China was the world’s heaviest emitter of carbon dioxide, according to the Union of Concerned Scientists, a non-profit founded at MIT. The United States was second, and India was third.

During last week’s climate summit, Xi called for international cooperation in reducing carbon emissions, adding that different countries should play different roles in that reduction. He did not identify any countries by name.

Xi said China would “strictly control coal-fired generation projects” and limit increases in coal consumption over the next five years. He said reductions would take place in the five years following that.

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