With the price of fuel rising China's BYD says it is positioning itself to benefit from the global shift away from fossil fuels.
2025 was the beginning of the end for coal and gas power, says think tank, but the world is still warming rapidly.
This year’s El Nino could increase the global demand for fossil fuels and worsen the price rises caused by the Iran crisis, Chinese government scientists have said. The climate phenomenon happens every two to seven years and causes an increase in average global temperatures. A strong El Nino can bring either droughts or torrential rains and flooding, both of which may force hydropower stations to reduce their output or shut down entirely – increasing the need for other power sources, including...