FT News Briefing Why are China’s nationwide protests happening now?
Nov 29, 2022
Europe is grappling with a record influx of Russian gas while Rolls-Royce makes waves with its hydrogen-powered aircraft engine. Meanwhile, widespread protests in China reveal a rare coalition of voices united against the zero-Covid policy. These demonstrations demonstrate deep-seated frustrations, driven by economic hardship and a demand for political change, marking a significant moment in China’s socio-political landscape. This convergence of energy and activism sets an intriguing stage for global developments.
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Europe's Russian Gas Dependence
- Europe's seaborne Russian gas imports hit a record high, despite pipeline export halts.
- This dependence leaves Europe vulnerable to Moscow's pressure, as the EU avoids gas sanctions due to certain members' reliance.
Hydrogen-Powered Flight
- Rolls-Royce successfully tested a hydrogen-fueled aircraft engine, a significant step towards decarbonizing aviation.
- This ground test used green hydrogen, marking progress, though widespread hydrogen use faces logistical challenges.
Decarbonizing Aviation
- Hydrogen is not a silver bullet for aviation's net-zero goal; other solutions like sustainable aviation fuels are crucial.
- Tackling medium and long-haul flights, the most polluting segment, likely requires sustainable fuels over hydrogen or electric batteries.