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Public post
Assaad Razzouk
Sep 2026 • linkedin
Post excerpt
For the 1st time in modern industrial history, a sharp decline in oil consumption (not coal) drove an overall reduction in China's CO2 emissions, which fell 1% year-on-year in Q2 2026 despite coal-fired power generation rebounding >Trigger: the Strait of Hormuz crisis. China's oil imports crashed 32%, consumption fell 9% overall and 16% in transport. Yet mobility is up: freight tonnage rose 2.4%, urban trips rose 2.9% >The shock landed on a system already primed to absorb it >EV charging volumes surged 60% in Q2 >…
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