The falling trend in China's coal-fired power generation isn't limited to July: coal power has now been falling for eight weeks straigth, from mid-June to mid-August. The second week of August saw a sharp 12% drop year-on-year.
@laurimyllyvirta.bsky.socialSteep drop in China's CO2 emissions in July:
-power generation from coal&gas -3.5%
-coal mine output -10% in July, -3% year-to-date
-cement output -12% in July, -9% YTD
-crude steel output -4%, -3%
-oil refining -16%, -7%
