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China’s Carbon Emissions Plunge 3.1% as Oil Demand Slumps

A decline in fuel use in China’s industrial sector has led to a 3.1% decline in carbon dioxide emissions in the third quarter of the year, the Finnish climate outlet Centre for Research on Energy and…

  • China's carbon emissions dropped 3.1% in Q3 due to reduced oil demand
  • Crude oil consumption fell 4%, transport fuel use declined 9%
  • China saved $9.1 billion in oil imports by relying on renewables

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