China Crosses Energy Rubicon as Coal Fades and Oil Giants Cash In on War

For the first time in history, more than 40% of China's electricity came from renewable sources in the first half of 2026, while coal's share dropped below 50% for the first time ever. The National Energy Administration reported renewable generation reached nearly 2 trillion kWh, up 9% year-over-year, with wind and solar alone contributing 1.25 trillion kWh. China added 117 GW of renewable capacity in just six months —...