Photo: Webinterpret
China Faces Worst Power Shortage Due To Extreme Weather
China faces the worst electricity crunch since 2011 due to increased demand caused by extreme weather. Coal is used for 60% of the country's electricity production which has become a threat to President Xi Jinping's aim of making China carbon neutral by 2026. However, the provinces have started rationing power including Guangdong province responsible for more than 10 percent of the country's power supply.
Tags: Electricity, President Xi Jinping, Carbon Neutrality, China
Courtesy: The Times of India
Photo: Bosch Global
South Korea Eyes Carbon Neutrality By 2050
South Korean President Moon Jae-in stated that the country targets zero carbon emissions by the year 2050. He further allocated $7 billion for 'green-focused growth' in the country from COVID-19 relief package. He further mentioned that the country will actively combat climate change by replacing non-renewable energy with renewable energy sources. Earlier, China and Japan made their target of achieving carbon neutrality by 2060.
Tags: South Korea, China, Japan, Carbon Neutrality
Courtesy: Financial Times
