{"id":439441,"date":"2021-10-01T08:14:20","date_gmt":"2021-10-01T02:44:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=439441"},"modified":"2021-10-01T09:19:42","modified_gmt":"2021-10-01T03:49:42","slug":"explained-why-china-is-facing-a-power-crunch-and-what-it-means","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/explained-why-china-is-facing-a-power-crunch-and-what-it-means\/","title":{"rendered":"Explained: Why China is facing a power crunch and what it means"},"content":{"rendered":"<p>A power crunch across China has rippled from factory floors to homes, crimping growth forecasts for the world\u2019s second-largest economy. The shortages, mirrored in Europe and elsewhere, have roiled commodity markets as well. Part of the problem is that the economic rebound after lockdowns lifted has boosted demand, while lower investment by miners and drillers has constrained fossil fuel production. In China, it\u2019s also due to the green agenda.<\/p>\n<p>Why can\u2019t China meet demand?<\/p>\n<p>Mainly because it\u2019s short of coal. Coal-based producers account for over 70 per cent of the country\u2019s electricity generation, but Xi Jinping\u2019s push to reduce greenhouse gas emissions and go \u201ccarbon neutral\u201d by 2060 has capped the growth of coal mining. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A power crunch across China has rippled from factory floors to homes, crimping growth forecasts for the world\u2019s second-largest economy. The shortages, mirrored in Europe and elsewhere, have roiled commodity markets as well. Part of the problem is that the economic rebound after lockdowns lifted has boosted demand, while lower investment by miners and drillers has constrained fossil fuel production. In China, it\u2019s also due to the green agenda. Why can\u2019t China meet demand? Mainly because it\u2019s short of coal. Coal-based producers account for over 70 per cent of the country\u2019s electricity generation, but Xi Jinping\u2019s push to reduce greenhouse [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-439441","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/439441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=439441"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/439441\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=439441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=439441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=439441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}