Centre for Research on Energy and Clean Air (CREA)’s Post

With China due to release new climate commitments for 2030 and 2035 soon, we evaluated what targets aligned with the Paris agreement would look like, and did a sector-by-sector assessment of where China's domestic trends and current domestic policies are already on track and where more action is needed.

This week marks a pivotal moment in the global energy landscape as analysis suggests that China’s CO2 emissions may have peaked in 2023, with projections indicating a decline in 2024. With economic superpowers like China taking decisive steps toward achieving #NetZero, we could be on the brink of a significant shift in global #Decarbonisation efforts. China has reached record levels of low-carbon energy installations, embracing wind, solar, and a resurgence in hydroelectric power, positioning the nation for a sustained decline in emissions beginning in 2024. This not only underscores China’s ongoing commitment to clean energy investment but also signals a significant economic transition in the global effort towards achieving net zero. As the world's largest emitter, China's falling emissions paired with their renewed investment in #RenewableEnergy solutions sets an example for other nations; investing in #CleanTech is a secure economic strategy. The decline in China's emissions alongside its increasing #GreenInvestment signifies a huge economic shift towards a decarbonised future. Read more in Carbon Brief’s latest analysis of Chinese emissions. #CleanEnergy #ClimateAction #GlobalLeadership #EnablingRenewables

China’s emissions may peak by 2025, ahead of 2030 target. Should China succeed in doing so, meeting the Paris 2030 target is possible. China’s may achieve tripling its renewables capacity by 2025, 5 years ahead of schedule Coal-fired plants and cement emissions, which account for 90% of China’s GHGs, may have reached its summit in February 2024. The power and cement sectors 2024 drops to-date were 3% and 7% respectively. This constitutes a radical contrast with the period 2000 to 2022, during which China had tripled its emissions from 3.6 billon tonnes to 11.4 billion. While coal-fired plants represent 60% of China’s power sector, by 2026, solar energy could be the number one source of power at 1.38 TW, ahead of coal by 150 GW. Equally significant, EVs are now 50% of China's vehicle domestic sales and affordable Chinese EVs entering Western. Asian and African markets could mean the beginning of the end for ICEVs. Western economies’ EV tariff barriers will be ineffective as China’s EV manufacturers are building plants around the globe. Court battles, a WTO complaint filed by China and China’s sectorial economic counterblows for each China import trade market, will end up collapsing the effectiveness of Western protectionism aimed at Chinese EVs. Together these factors suggest 1) a global drop in fossil fuel dependence, 2) lower global emissions plus 3) declining world-wide costs of clean energy and EVs. This is much more encouraging than COP meetings. https://lnkd.in/ecHC45MW

ICYMI: China, the world's largest emitter of greenhouse gases, is expected to reach its peak #coal consumption by 2025, according to a recent report. This represents a key step toward #energytransition despite the challenges of a rapidly growing economy. L’article China Targets Peak Coal Consumption by 2025: A Major Energy Transition Milestone est apparu en premier sur energynews.

Global green transition champion China is close to peak emissions #bne #bneEditorsPicks #China #renewable #bneGreen #ClimateCrisis #ESG China is adding renewable energy capacity faster than any other country in the world, and is approaching peak emissions, even if it remains heavily dependent on coal-fired power stations to power its economy.

China, the world's largest emitter of greenhouse gases, is expected to reach its peak #coal consumption by 2025, according to a recent report. This represents a key step toward #energytransition despite the challenges of a rapidly growing economy. L’article China Targets Peak Coal Consumption by 2025: A Major Energy Transition Milestone est apparu en premier sur energynews.

⚡⚡⚡ China issues action plan for decarbonization, aiming to cut fossil fuel use, increase clean energy 📌 China’s State Council unveiled a detailed action plan to cut carbon emissions in 2024 and 2025, with major goals in cutting fossil fuel consumption, increasing the use of clean energy and upgrading steel and other industries. The goal is to cut carbon dioxide emissions by about 130 million tons by the end of 2025. 📌 The action plan aims to increase the share of non-fossil fuel energy consumption to about 18.9 percent in 2024 and about 20 percent in 2025. 📌 The action plan represents China’s latest concrete efforts to reduce carbon emissions and promote green development, further underscoring the nation’s commitment to its “dual carbon” goals, in spite of rising protectionism overseas aimed at Chinese new-energy industries. 📌 The plan also includes major steps to reduce carbon emissions in the transport industry, with concrete plans for infrastructure upgrades and the promotion of new-energy vehicles. China will accelerate the elimination of old motor vehicles and tighten the energy consumption limits for operating vehicles, as well as gradually lifting restrictions on the purchase of new-energy vehicles in various regions. #China #Decarbonization #CleanEnergy https://lnkd.in/e4CPS67j

Carbon dioxide (CO2) emissions in China fell 3% in March 2024, ending a 14-month surge and possibly signalling that Chinese CO2 emissions peaked in 2023.An increasing portion of electricity demand is being covered by distributed solar, which comprised 45% of last year’s solar capacity additions. Meanwhile, limited demand for steel and cement due to continued uncertainty in the real-estate sector saw a drop in emissions of 30 megatonnes of CO2 (MTCO2) from the construction sector.

.......fine by me. #SOLAR #BESS #WWS #Geothermal #energytransition China could lead the world to net zero China, with an 18% share of the global population, uses 26% of the world’s primary energy and emits 33% of the world’s energy-related CO2. The energy transition unfolding in the country isn’t merely a national affair as its ramifications echo globally, explains Mahnaz Hadizadeh, a researcher for consultancy DNV. https://lnkd.in/gg2tyqmQ.

Probably the most important single question (or two questions?) for the pace of decarbonisation - when will Chinese emissions peak and how fast will they begin to decline? Important first step is clean energy growth exceeding demand growth (remember, it isn't enough just to add clean energy generation; decarbonisation demands the reduction of fossil demand). Watching for the dynamic of China moving its coal fleet from the role of providing always on baseload power to acting a peaker plants to smooth out variable renewable generation, reducing their capacity factors.