China's coal phase-out has so far been little more than lip service. The country builds and plans a large number of fossil-fuel power plants and invests in corresponding projects worldwide. Even worse, foreign investors continue to pour money into China's coal industry projects. German financial firms are among them.
By Redaktion Table
After the climate summit, the interpretations begin: In addition to the question of how much the pledges made are worth, there is also the question of what effect the reactivated climate diplomacy will have on China's relations with the USA. The signs are still pointing to competition.
By Christiane Kuehl
In 1957, Mao ordered 60 million Chinese to "cook steel" and built 240,000 small blast furnaces. That was the beginning of a steel addiction that has driven China's steel production up year after year ever since. With state-subsidized steel, Beijing floods the world market. Now, Xi Jinping says this has to stop because the steel glut is counteracting his goals for reducing CO2 emissions.
By Antje Sirleschtov
China wants to build a new mega dam. It is supposed to generate three times more energy than the famous Three Gorges Dam. India and other neighboring states fear being cut off from important water sources in Tibet.
By Redaktion Table