China says it wants to be carbon neutral by 2060 — and those stated ambitions are spawning companies that could one day become global leaders.
Oil and gas are making a comeback — and these mutual funds are jumping on the trend, says Morningstar"Energy security is given more of a priority because of the economic challenges and the socioeconomic challenges," said Seungjoo Ro, CLSA's head of ESG research, sustainability and corporate governance research.
The last two years show how Chinese leaders still struggle to balance growth and economic interests with achieving climate goals, especially in an economy where coal is the dominant energy source.that disrupted factory production. despite extreme dry and hot weather in parts of the country, said Cory Combs, associate director at research and consulting firm Trivium China, in a September reportEven if the carbon directives come from the top leadership, Combs said there's still tension between short-term and longer-term economic interests that will likely last through the coming decade.
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