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Reading: China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint
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The Wall Street Publication > Blog > Markets > China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint
Markets

China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint

Editorial Board Published November 2, 2021
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China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint
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At the height of the trade war in 2019, China all but cut off imports of U.S. liquefied natural gas. Today, China is buying more gas from the U.S. than ever.

The turnabout is one consequence of the global energy shortage that has sent prices soaring. And it is a result of China’s effort to cut carbon emissions by reducing how much coal it burns.

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