Regional reports from China indicate that government officials have been reviewing over 5,100 small-sized hydropower plants in order to get them to adapt to China’s cleanup and rectification process concerning future energy sources. China has pledged to be carbon neutral and ultimately have zero carbon emissions by 2060 and the recent crackdowns on bitcoin miners and small power plants have been fueled by this goal.
Sichuan, Yangtze River Hydropower Plants Feel the Aftermath of the Recent Crackdowns on Energy Production and Consumption in China
During the last few months, China’s goal to get net carbon emissions down to zero in 39 years has affected bitcoin miners and small power plants in five different provinces. China’s president, Xi Jinping, surprised the world when he said China was committed to reducing emissions down to zero.
Bitcoin miners and small power facilities started to feel the effects of China’s goal to drastically…