China's National People's Congress approved the country's first Energy Law on November 8, 2024, which will take effect on January 1, 2025. The law prioritizes renewable energy development, establishes a framework for controlling carbon emissions, promotes market-based energy systems, and emphasizes energy security while facilitating China's transition towards its carbon peaking and neutrality targets.
Energy Law
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Renewable energy
Fossil fuel
Greenhouse gas
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Finance
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