China produces more solar energy panels than any other country and is moving to dominate the world’s electric vehicle (EV) battery market, but the Asian giant has also embarked on an intrusive expansion of oil and gas exploration and production, according to a new report from the Institute for Energy Research (IER).
“China’s strategic emphasis on low-carbon energy has captured the attention of U.S. analysts, prompting some to call for a commensurate focus on the space stateside,” according to the report, which was released on Oct. 26.