East Asia

China CO2 emissions predicted to peak in 2025. Why is China still so dependent on Coal at 60% of China’s electricity? In 2024 China invested US$940 Bil in Clean Energy. Foreigners can Invest and Grow Green businesses too.

However, Grid integration issues limit renewable energy full utilization- and millions of workers livelihoods at coal-fired plants and industry are at risk. Can foreigner project-collaboration play a role? Yes. Follow the examples ‘below.

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AUST STEEL: US 25% Steel Tariffs, Gupta GFG Whyalla Steelworks financial meltdown, South Korea POSCO steel group plans A$40bn in Australia by 2040.

While the US government is considering a 25% import tariff on Australian steel, South Australia’s Whyalla steelworks, owned by Sanjeev Gupta’s GFG Alliance, faces potential closure. Mean while, Western Australia is welcoming investments from South Korea’s POSCO steelmaker. Hypothetically, could POSCO be the ‘white horse’? Image: Whyalla Steelworks

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