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.
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.