Report Says Beijing’s Expanding Energy Exploration Threatens South China Sea Neighborson October 27, 2021 at 4:45 pm

China produces more solar energy panels than any other country and is moving to dominate the world’s electric vehicle (EV) battery market, but the Asian giant is also embarked on an intrusive expansion of oil and gas exploration and production, according to a new report from the Institute for Energy Research (IER). “China’s strategic emphasis on low-carbon energy has captured the attention of U.S. analysts, prompting some to call for a commensurate focus on the space stateside,” according to the report that was released Tuesday. “Though China indeed has invested heavily in what the International Energy Agency (IEA) calls energy transition minerals (ETMs), produces more solar panels than any other country, and is quickly scaling its battery production, China’s energy appetite is decidedly omnivorous,”the report said. “While it has ramped up on ETMs, solar panels, and batteries, China has never wavered from its quest to secure the fossil resources that …

Leave a Reply

Your email address will not be published.

Next Post

Robinhood Shares Drop Below IPO Price in After-Market Trading on Crypto Slowdown-US News | The Epoch Times

Wed Oct 27 , 2021
Robinhood Markets Inc.’s shares fell below their initial public offering price in after-hours trading on Tuesday after the retail broker reported softer revenue than expected for the third quarter as trading levels declined for cryptocurrencies like dogecoin. Shares of Robinhood were down 8.77 percent at $36.10 following the release of […]

Chief Editor

Johny Watshon

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur

Quick Links

Newsletter Signup

Sign up now and never miss a thing!

You're Signed Up!

Now that you are signed up, we will send you exclusive offers periodically.