China's Zero-COVID Policy , Is Impacting Global Efforts , to Fight Climate Change.<br />'Time' reports that China's strict zero-COVID policy has <br />had serious implications on not only the global economy, <br />but also efforts to fight climate change.<br />'Time' reports that China's strict zero-COVID policy has <br />had serious implications on not only the global economy, <br />but also efforts to fight climate change.<br />According to the United Nations Statistics Division, China was responsible for manufacturing almost 30% of the world's products before the pandemic.<br />When it comes to clean technology, <br />China is responsible for manufacturing <br />over 80% of the world's solar panels. .<br />Widespread lockdowns have prevented <br />the country from meeting global demand <br />for clean energy technologies.<br />'Time' reports that the lockdowns could <br />impact China's 5-Year Plan for economic <br />growth and low-carbon development. .<br />These changes could affect <br />China's longer-term <br />decarbonization goals.<br />China's zero-COVID policy has <br />also impacted global oil markets, <br />driving down prices. .<br />COVID lockdowns in June, <br />August and October were all <br />accompanied by dipping oil prices.<br />Earlier this week, significant protests and societal <br />unrest in China appeared to cause the price of Brent <br />crude to drop to its lowest number in months. .<br />Earlier this week, significant protests and societal <br />unrest in China appeared to cause the price of Brent <br />crude to drop to its lowest number in months. .<br />According to 'Time,' these rapid variations in oil prices <br />highlight the value of locally-sourced renewable energy, which would be unaffected by lockdowns.
