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29 Jun
08:42

Chinese energy consumption has reached its peak; CASS

The China Academy of Social Sciences (CASS), a semi-official think tank, says that Chinese energy consumption has already passed its peak. Total demand is decreasing as urbanisation and industrialisation enter their end-phase. CASS expects that total demand for coal will drop rapidly over 2020 to 2035 while the demand for petroleum could keep growing, Kallanish notes. According to the CASS report, 70% of Chinese energy and electricity consumption comes…
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