Green power trading is a market-oriented way to promote a clean energy transition in China. In practice, China’s leading instrument for this policy, the green certificate, has faced serious obstacles. A new OIES paper by Anders Hove and Gary Sipeng Xie examines the goals and history of the...

China is the world’s largest producer and consumer of hydrogen. The country has adopted a domestic strategy that targets significant growth in hydrogen consumption and production. Given the importance of hydrogen in the low-carbon energy transition, it is critical to understand China’s...

China is currently the world’s largest oil importer and is on track to becoming the biggest consumer of liquefied natural gas (LNG). This dependency is viewed as a strategic vulnerability, especially as China’s ties with the USA are worsening and Beijing has growing concerns about...

In 2020, the Chinese coal chemical industry processed nearly one quarter of national coal throughput, and accounted for about 5.4 per cent of national CO2 emissions. Yet the coal chemicals’ industry ability to limit oil and gas imports is appealing to the Chinese leadership in the context of...