China’s Big Oil To Exploit Core Strengths In Decarbonization

The Chinese economic miracle has succeeded in lifting millions out of poverty and transforming the geopolitical landscape. The country’s rapid industrialization has accelerated climate change as emissions have skyrocketed. China is now the world's largest emitter of greenhouse gasses. Therefore, the recent pledge made by President Xi to achieve carbon neutrality by 2060 and peak emissions by 2030 is of major importance.  The road towards the 2030 and 2060 goals is complex and requires commitment and endurance. Since Xi’s pledge,…