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Big promises, but can China be carbon neutral by 2060?

by The Editor
September 23, 2020
in Asia
0
Big promises, but can China be carbon neutral by 2060?

BEIJING: Xi Jinping's shock promise on Tuesday (Sep 22) 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.

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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 China would "strive to peak carbon emissions before 2030 and achieve carbon neutrality by 2060."

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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.

China is responsible for over a quarter of the world's greenhouse gas emissions but also the biggest investor in renewable energy. (AFP/JOHANNES EISELE)

STILL HOOKED ON COAL?

Coal has powered China's phenomenal economic rise. Annual coal consumption nearly quadrupled between 1990 and 2015, providing 70 per cent 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 per cent 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.

LISTEN: The Climate Conversations Episode 2 – When it comes to climate change, why is CO2 public enemy number one?

WHAT ABOUT RENEWABLES?

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

Wind and solar only made up a combined 7.7 per cent 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.

READ: China to promise 'more' in new climate pledges: Government adviser

EXPORTING EMISSIONS?

Chinese coal companies have also been on a building spree overseas as part of the Belt and Road Initiative (BRI) – a trillion-dollarRead More – Source

channel news asia

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BEIJING: Xi Jinping's shock promise on Tuesday (Sep 22) 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.

Advertisement

Advertisement

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 China would "strive to peak carbon emissions before 2030 and achieve carbon neutrality by 2060."

Advertisement

Advertisement

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.

China is responsible for over a quarter of the world's greenhouse gas emissions but also the biggest investor in renewable energy. (AFP/JOHANNES EISELE)

STILL HOOKED ON COAL?

Coal has powered China's phenomenal economic rise. Annual coal consumption nearly quadrupled between 1990 and 2015, providing 70 per cent 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 per cent 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.

LISTEN: The Climate Conversations Episode 2 – When it comes to climate change, why is CO2 public enemy number one?

WHAT ABOUT RENEWABLES?

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

Wind and solar only made up a combined 7.7 per cent 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.

READ: China to promise 'more' in new climate pledges: Government adviser

EXPORTING EMISSIONS?

Chinese coal companies have also been on a building spree overseas as part of the Belt and Road Initiative (BRI) – a trillion-dollarRead More – Source

channel news asia

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Federal Government focuses on “integrated security”
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Federal Government focuses on “integrated security”

by The Editor
June 14, 2023
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Berlin (dpa) – The Federal Government is responding to the challenges of an increasingly unstable world order by means of a “policy...

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