China will be carbon neutral by 2060 (UPDATED)

Updated: Oct 1, 2020

China’s emissions will peak sometime between 2025 and 2030 and total energy demand will start to decline around 2035. The plan sees a gradual transition over the next 15 years, and then a rapid acceleration after 2035.

It increases green and nuclear energy and phases out coal by 2050. China would need to boost its share of non-fossil fuel energy to 20% by 2025, five years earlier than originally planned.

The share of non-fossil fuels in total energy demand will grow from around 15% in 2019 to 20% by 2025, 24% in 2030, 62% in 2050, and 84% in 2060,

President Xi just made a surprise announcement at UN that China could achieve a peak of Carbon emission by 2030 and carbon neutral before 2060. An aggressive move by China, the largest CO2 emitter with 28% of global emission. It will put pressure on US who still lack of a climate policy from the White House.

2 views0 comments

Recent Posts

See All

BP first full-scale Green Hydrogen project

BP and Danish renewable energy group Orsted have partnered to launch BP’s first full-scale Green hydrogen project by using North Sea wind power.. Production is expected to start in 2024. BP and Orsted

Taskforce on Scaling Voluntary Carbon Markets

We welcome the publication by the Taskforce on Scaling Voluntary Carbon Markets of its public consultation document. Voluntary carbon market is moving to the right direction and with more market playe