Reuters: China’s refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per day) and is expected to fall 1.3% to 394 million tons in 2024, CNPC Economics &…
What? Most Western countries had emissions and GDP decoupling years ago. So that part is clearly not. China has grown for decades and having an economic crisis is if anything expected. You get bubbles and those pop, like the housing bubble in China right now.
“signs of economic malaise or part of a bigger plan?”
is it really so inconceivable?
You know what it would mean for our political and economic order if China succeeds at the hard problems that everyone of us fails right?
Most Western countries have falling emissions and have at least at times grown their GDP.
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Failure to maintain perpetual exponential growth in a finite environment is clearly a sign of a failing economy. 🙄
decoupling said growth from fossil fuel usage is an infallible sign that something has gone horribly wrong
Have you considered a career in journalism? You’ve got a way with words that tells me “this one’s a straight shooter!”
What? Most Western countries had emissions and GDP decoupling years ago. So that part is clearly not. China has grown for decades and having an economic crisis is if anything expected. You get bubbles and those pop, like the housing bubble in China right now.
The truth is both is happening.