Industry News

China Posts Record Fossil Fuel Output as Security Trumps Climate

Views : 122
Update time : 2023-01-17 19:06:18

Fossil fuel production in China soared in 2022, with coal and gas hitting record highs, as environmental targets took a back seat to energy security after a tumultuous year for prices. 

That swamped some good news for the climate from the steel sector, where China cut output for a second consecutive year to make good on its promise to rein in emissions from the worst-polluting industry after power generation.

The world’s top coal mining nation dug up nearly 4.5 billion tons of the dirtiest fuel last year, an increase of 9% on 2021, the statistics bureau said on Tuesday. Production of cleaner-burning gas rose 6.4% to 218 billion cubic meters, while crude oil rose above 200 million tons for the first time since 2015, helping to cut China’s reliance on pricey imports.

As early as January last year, President Xi Jinping had flagged that China’s ambitious climate goals shouldn’t clash with its economic objectives, which include securing adequate supplies of commodities. Energy security became an even bigger priority after Russia’s invasion of Ukraine the following month put a rocket under international prices. 

Drought and a power crunch over the summer highlighted the nation’s ongoing vulnerability to insufficient energy supplies. Now, China’s reopening after three years of harsh Covid restrictions has put the onus on producers to ensure they have the fuels at hand that the government deems necessary to power the economy’s recovery.

Related News
Read More >>
Hydro to invest NOK 1.2 billion in new Norwegian pumped storage power plant Hydro to invest NOK 1.2 billion in new Norwegian pumped storage power plant
Nov .17.2025
Hydro to invest NOK 1.2 billion in new Norwegian pumped storage power plant
China’s Xinhuang Metal Materials’ stainless steel cold rolling project approved in Lianping China’s Xinhuang Metal Materials’ stainless steel cold rolling project approved in Lianping
Nov .17.2025
China’s Xinhuang Metal Materials’ stainless steel cold rolling project approved in Lianping
Taiwan steel giants CSC and Yusco partner for hot-rolled stainless steel rolling Taiwan steel giants CSC and Yusco partner for hot-rolled stainless steel rolling
Nov .17.2025
Taiwan steel giants CSC and Yusco partner for hot-rolled stainless steel rolling
China’s steel market stays range-bound as weak demand and output cuts shape outlook China’s steel market stays range-bound as weak demand and output cuts shape outlook
Nov .17.2025
China’s steel market stays range-bound as weak demand and output cuts shape outlook