Oil consumption plummets and EV sales soar as analysts say demand may not fully return even if crude price fallsChina’s carbon dioxide emissions fell by 1% after the outbreak of the US-Israeli war on Iran, thanks to a sharp reduction in oil consumption and a steady rise in the use of electric vehicles and public transport, analysis shows.The repor…
China’s falling emissions amid Iran war spark hope of decarbonisation watershed
Oil consumption plummets and EV sales soar as analysts say demand may not fully return even if crude price fallsChina’s carbon dioxide emissions fell by 1% after the outbreak of the US-Israeli war on Iran, thanks to a sharp reduction in oil consumption and a steady rise in the use of electric vehicles and public transport, analysis shows.The repor…
Originally reported by Guiden World
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