Fwiw China is ramping up a carbon tax scheme for coal and gas : https://www.forbes.com/sites/scottcarpenter/2021/03/02/toothless-at-first-chinas-carbon-market-c

Fwiw China is ramping up a carbon tax scheme for coal and gas : https://www.forbes.com/sites/scottcarpenter/2021/03/02/toothless-at-first-chinas-carbon-market-could-be-fearsome/?sh=36a100ea2af1 https://www.forbes.com/sites/scottcarpenter/2021/03/02/tooth... They will probably never stop subsidizing coal mining though. Otherwise they will get even more reliant on foreign coal which gives a hypothetical US blockade much more clout.