Energy News  
ENERGY NEWS
Big promises, but can China be carbon neutral by 2060
by Staff Writers
Beijing (AFP) Sept 23, 2020

Xi Jinping's shock promise to lead the world into a safer climate future was thin on details, leaving many questions unanswered on how the world's worst polluter will meet a 2060 carbon neutral target.

China is responsible for over a quarter of the world's greenhouse gas emissions linked to global warming.

But it is also the biggest global investor in renewable energy -- a country whose energy policy points both ways.

AFP looks at what China has achieved, what needs to be done and whether China's post-pandemic love affair with coal will derail its climate plans.

What did Xi promise?

In an unexpected pledge Xi told the UN on Tuesday China would "strive to peak carbon emissions before 2030 and achieve carbon neutrality by 2060."

It is the first time China has announced any plans to become carbon neutral -- but Xi did not say how he will tip the balance from a country whose growth is fed by fossil fuels.

His statement leaves "plenty of room for different readings," said Lauri Myllyvirta , China analyst at Centre for Research on Energy and Clean Air.

"The worst case is there's still another decade... to build more fossil fuel infrastructure and increase emissions," he said.

- Still hooked on coal? -

Coal has powered China's phenomenal economic rise. Annual coal consumption nearly quadrupled between 1990 and 2015, providing 70 percent of China's energy over that period.

China's leaders have tried to dilute the nation's dependancy on coal, and it now makes up less than 60 percent of the energy mix.

But with China's economy still growing, the total amount of coal burnt continues to grow.

Approvals for coal energy projects have also accelerated this year as local authorities try to kickstart virus-hit economies.

Local governments approved 23 gigawatts worth of new coal power projects in the first half of 2020, more than the previous two years combined, according to Global Energy Monitor (GEM), a San Francisco-based environmental NGO.

The International Energy Authority says China has no need for new coal-fired plants because the price of a unit of wind or solar power is now comparable to that of coal.

- What about renewables? -

China is the world's biggest investor in renewable energy, yet non fossil-fuels only account for about 15 percent of the nation's energy consumption.

Wind and solar only made up a combined 7.7 percent of China's national power generation in 2018, according to Kevin Tu, a researcher at the Center on Global Energy Policy at Columbia University.

Nuclear forms another large chunk of the non-fossil fuel mix.

Investments in new wind and solar installations have also declined over the past 18 months.

Planned solar power installations this year are nearly half that of 2019, according to the country's central economics planner.

Its huge renewable ambitions have also been hampered by logistical and geographical problems.

China's biggest wind producing area, the far northwest region of Xinjiang, cancelled 31 projects in the first half of this year due to "overcapacity and inability to connect to grid," the local government said.

- Exporting emissions? -

Chinese coal companies have also been on a building spree overseas as part of the Belt and Road Initiative (BRI) -- a trillion-dollar push to build infrastructure projects and extend strategic influence across the globe.

Beijing has invested over $50 billion in nearly 240 coal projects in 25 countries, including in Bangladesh, Pakistan, Serbia, Kenya, Ghana, Malawi, and Zimbabwe, data from Endcoal, an environmental NGO showed.

That may effectively hollow out any domestic efforts at emission-busting.

The BRI "threatens to lock China's partners into the high-emissions development that China is trying to exit," said Tom Baxter, an analyst for environmental NGO China Dialogue.

- Is 2060 realistic? -

"With China having the world's largest renewable energy industry, investment budget and industrial base, this is eminently achievable," Myllyvirta said.

But whether China's leaders have the political will to revolutionise the economy is not yet known.

Some of those answers should come next year when China releases its next five-year economic plan. These are the traditional foundations of the Communist Party's economic policies.

Li Shuo, senior climate and energy officer at Greenpeace China, warns that there is a lot left to be done.

"The goal requires unprecedented investments in energy efficiency, a better carbon trading system and weaning the economy from fossil fuels," Li said.

"Right now this goal feels like a bit of science fiction."


Related Links



Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


ENERGY NEWS
Richest 1%'s emissions twice that of poorest 50%: analysis
Paris (AFP) Sept 21, 2020
The richest one percent of people are responsible for more than twice as much carbon pollution as the poorest half of the world's population - 3.1 billion people - new research showed Monday. Despite a sharp decrease in carbon emissions due to the pandemic, the world remains on pace to warm several degrees this century, threatening poor and developing nations with the full gamut of natural disasters and displacements. An analysis led by Oxfam showed that between 1990 and 2015, when annual emis ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

ENERGY NEWS
Bolsonaro faces growing pressure to green Brazil economy

Richest 1%'s emissions twice that of poorest 50%: analysis

Providing the facts to help Europe achieve 55 percent emissions reduction

Grow zero-carbon power to meet climate goals: analysis

ENERGY NEWS
KIST develops ambient vibration energy harvester with automatic resonance tuning mechanism

Corvus Energy to supply batteries for five new all-electric ferries

Energy harvesting goes organic, gets more flexible

Predicting the slow death of lithium-ion batteries

ENERGY NEWS
California offshore winds show promise as power source

Offshore wind power now so cheap it could pay money back to consumers

Trust me if you can

Ingeteam's advanced simulation models to ease wind power grid integration

ENERGY NEWS
Mirror-like photovoltaics get more electricity out of heat

Highly efficient perovskite solar cells with enhanced stability and minimised lead leakage

CU Denver researcher analyzes the use of solar energy at US airports

Theoretically, two layers are better than one for solar-cell efficiency

ENERGY NEWS
Framatome joins with academia and industry partners to develop nuclear reactor digital twins

Russia's giant nuclear-powered icebreaker makes maiden voyage

EU court approves UK state aid for nuclear plant

Texas A and M System and the University of Tennessee join forces in bid for contract at Pantex, Y-12

ENERGY NEWS
Inducing plasma in biomass could make biogas easier to produce

Novel photocatalysts can perform solar-driven conversion of CO2 into fuel

Cascades with carbon dioxide

Chemistry's Feng Lin Lab is splitting water molecules for a renewable energy future

ENERGY NEWS
Oil majors not in sync with global climate goals

Macron to talk by phone with Erdogan on Med tensions: France

Airbus aims for hydrogen-powered plane by 2035

US carrier enters Gulf amid sanctions threats toward Iran

ENERGY NEWS
Schwarzenegger says pandemic 'opportunity' for climate

As wildfires rage, US voters still divided on climate

Unraveling 66 million years of climate history from ocean sediments

Cooperate on climate or 'we will be doomed': UN chief









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.