Letter from China: China clings to coal
The fuel is too strategically important for China to give it up entirely
China found itself in the spotlight over its continued dependence on coal in the lead-up to the Cop26 climate conference. Developed economies sought a “phase-out” of the fuel in the conference text, but this phrasing was ultimately ditched in favour of a “phase-down”. While India drew most of the flak in the last days of the summit for watering down the language, the dilution will also have mattered significantly to China, given it consumes more coal than the rest of the world combined. China’s intransigence over coal is simple: the fuel—even if it is the single biggest contributor to climate change—is too strategic to give up. This is especially true while China’s energy demand is still gro
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026






