China

China’s push for coal could affect the global economy, possibly leading to an oil price shock, argues energy consultant Dave Feickert in an interview.

Mr. Feickert concludes that China’s expected push for coal could have serious consequences in environmental and energy issues worldwide. If the Chinese coal consuming and industry production development is not assisted properly by the Western world, he fears that an “incipient oil price shock could become very real, even provoking a world recession”.

euractiv