China’s widening power crisis, which has forced rationing across the country and threatens to derail economic growth, is prompting policy makers to rethink the pace of the nation’s energy transition.
China’s path to a greener economy needs to be underpinned by a stable supply of energy, Premier Li Keqiang said in a release on Monday following a meeting of the National Energy Commission last week. Before establishing a timetable for peaking carbon emissions by the end of the decade, the country needs to conduct an in-depth assessment of how it has handled the recent power crunch, he said.
