China cracks the whip, directs worst polluting firms to get house in order

China’s state-owned enterprises (SOEs) must cut their energy consumption and reduce carbon emissions to support the country’s carbon-neutral goals, Beijing has said.The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) has set a development pattern for the country’s centrally-owned enterprises to achieve carbon peaking and net-zero emissions in a timely fashion.“SOEs hold an important position in national security and the economy, while they are also key…

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