China’s energy transition proves a boon in the Iran crisis

China’s energy transition proves a boon in the Iran crisis

As the world’s largest oil and gas importer, China undoubtedly faces a significant disruption, what with the US-Israeli war on Iran and its cascading impact across the Gulf. But it could have been worse. Beijing has worked unstintingly for well over a decade to build energy self-reliance and reduce the role of fossil fuels in powering the country’s manufacturing economy. For leaders gathered in Beijing for the annual parliamentary “two sessions” meetings, which will endorse China’s 15th...

By David Dodwell