Yogthos
@yogthos@social.marxist.network  ·  activity timestamp 5 days ago

China is pushing to decarbonize its steel industry by shifting to green technologies like electric arc furnaces. As China reduces its reliance on Australian metallurgical coal and traditional iron ore (hematite) for steel production, Australia's key exports are at risk.

To adapt, Australia must invest in green iron processing and hydrogen to align with China's new supply chains.

https://asiatimes.com/2025/07/chinas-green-steel-push-a-reality-check-for-australia

#china #australia #tech
Yogthos
@yogthos@social.marxist.network replied  ·  activity timestamp 5 days ago
@xyhhx China has a concrete plan for making the transition, and short term use of fossil fuels is in line with that.

https://www.visualcapitalist.com/chinas-energy-transition-in-5-charts/

China already achieved its 2030 installed clean energy target in July 2024

https://climateenergyfinance.org/wp-content/uploads/2024/07/MONTHLY-CHINA-ENERGY-UPDATE-_-China-to-Achieve-its-2030-Energy-Target-in-July-2024.pdf

Wind and solar to surpass 40% of China’s power capacity by year-end https://www.scmp.com/business/commodities/article/3272181/wind-and-solar-surpass-40-chinas-power-capacity-year-end

Meanwhile, overall emissions are now in structural decline in China.

https://www.theguardian.com/business/2023/nov/13/chinas-carbon-emissions-set-for-structural-decline-from-next-year
🇨🇦🇩🇪🇨🇳张殿李🇨🇳🇩🇪🇨🇦
@ZDL@mstdn.social replied  ·  activity timestamp 5 days ago
@yogthos They do, yes. Between the royal rogering they're taking from their "allies" and their increasing irrelevance as they refuse to change to match the shape of the market around them they're going to be fucking themselves with a spiked, rusty dildo before long (and blaming it on China, natch, along with sunspots).