(Bloomberg) -- China has reduced power generation from fossil fuels as output from sunlight and water surges, feeding hopes that the world’s biggest polluter may have peaked emissions years before its own deadline.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanS&P 500 Hits 30th Record of 2024 as Megacaps Rally: Markets WrapThese Are the World’s Most Expensive Cities for Expats in 2024Hedge Funds’ Secret Weapon to Fight the SEC Lives in TexasHow the US Mop
Chinas economy has problems, the population is falling and they do have a massive built up of green technologies. That are important factors for a fast change in emissions. Given that China is producing about 30% of global emissions, this is really great news. Lets hope countries like India do not make up for the drop.