Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

China Releases Action Plan To Peak Carbon Dioxide Emissions Before 2030

China Releases Action Plan To Peak Carbon Dioxide Emissions Before 2030

The plan was announced ahead of the gathering of the world leaders and climate negotiators in Glasgow next month for the COP26 summit.
China, the world's largest greenhouse gas producer, on Tuesday released an ambitious action plan to peak carbon dioxide emissions before 2030, according to which the share of non-fossil energy consumption will be about 25 per cent and carbon dioxide emissions per unit of GDP will drop by more than 65 per cent compared to 2005 levels.

China's Cabinet known as the State Council, has put forward the main objectives for the 14th Five-Year Plan period (2021-2025) and the 15th Five-Year Plan period (2026-2030), which included increasing the share of non-fossil energy consumption, improving energy efficiency and reducing carbon dioxide emissions.

The plan was announced ahead of the gathering of the world leaders and climate negotiators in Glasgow next month for the 26th UN Climate Change Conference of the Parties summit, (COP26) where nations will attempt to reach a consensus on carbon emission reductions to keep global warming within 1.5 degrees Celsius to prevent catastrophic effects from climate change.

By 2030, the share of non-fossil energy consumption will be around 25 per cent, and carbon dioxide emissions per unit of GDP will drop by more than 65 per cent compared with the level registered in 2005, according to the plan.

Last year, Chinese President Xi Jinping had announced that China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.

As the world's largest developing country, China is still in the industrialisation and urbanisation stage and faces an uphill task of developing its economy and improving its people's livelihoods, so energy consumption will continue to grow, an official with the National Development and Reform Commission said in response to media queries.

However, China's carbon peak and neutrality goals are in line with the requirements of the Paris Agreement and demonstrate the country's ambition, the official said, state-run Xinhua news agency reported.

The country will complete the world's most dramatic reduction in carbon emissions intensity through its carbon peaking actions, he added.

The plan outlines key tasks to achieve a carbon peak before 2030, including promoting green and low-carbon transportation, advancing a circular economy and supporting technological innovation.

China will develop a unified and standardised carbon emissions statistical accounting system, improve laws, regulations and standards, optimise economic policies, and establish sound market mechanisms as part of its efforts to enhance policy support.

As for international cooperation, China will be deeply involved in global climate governance, carry out green cooperation in its economy, trade, technology and finance, and advance the construction of the Belt and Road initiative, as per the plan.

On October 12, while addressing the leaders' summit of the 15th meeting of Conference of the Parties to the Convention on Biological Diversity, Xi said "to achieve its carbon peak and neutrality targets, China will release implementation plans for peaking carbon dioxide emissions in key areas and sectors as well as a series of supporting measures, and will put in place a "1 N" policy framework for carbon peak and carbon neutrality".

"China will continue to readjust its industrial structure and energy mix, vigorously develop renewable energy, and make faster progress in planning and developing large wind power and photovoltaic bases in sandy areas, rocky areas and deserts", he said.

Stating that China will vigorously develop renewable energy, Xi said the country has begun constructing 100-mln-kw wind, photovoltaic power projects in desert areas.

The first phase of China's large wind power and photovoltaic projects in desert areas with an installed capacity of approximately 100 million kilowatts have recently started construction, he asserted.

This is part of China's efforts to make faster progress in planning and developing large wind power and photovoltaic bases in sandy, rocky and desert areas, he added.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
Italy Faces Population Decline Amid Youth Emigration
Trump Accuses China of Violating Trade Agreement
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Russia Accuses Serbia of Supplying Arms to Ukraine
Gerry Adams Wins Libel Case Against BBC
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
EU Majority Demands Hungary Reverse Anti-LGBTQ+ Laws
Top Hotel Picks for 2025 Stays in Budapest Revealed
Iron Maiden Unveils 2025 Tour Setlist in Budapest
Chinese Film Week Opens in Budapest to Promote Cultural Exchange
Budapest Airport Launches Direct Flights to Shymkent
Von der Leyen Denies Urging EU Officials to Skip Budapest Pride
Alcaraz and Sinner Advance with Convincing Wins at Roland Garros
EU Ministers Lack Consensus on Sanctioning Hungary Over Rule of Law
EU Nations Urge Action Against Hungary's Pride Parade Ban
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
U.S. Considers Withdrawing Troops from Europe
Russia Deploys Motorbike Squads in Ukraine Conflict
Critics Accuse European Court of Human Rights of Overreach
Spain Proposes 100% Tax on Non-EU Holiday Home Purchases
German Intelligence Labels AfD as Far-Right Extremist
Geert Wilders Threatens Dutch Coalition Over Migration Policy
Hungary Faces Multiple Challenges Amid EU Tensions and Political Shifts
Denmark Increases Retirement Age to 70, Setting a European Precedent
Any trade deal with US must be based on respect not threats', says EU commissioner
UK Leads in Remote Work Adoption, Averaging 1.8 Days a Week
Thirteen Killed in Russian Attacks Across Ukraine
High-Profile Incidents and Political Developments Dominate Global News
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Ukraine and Russia Conduct Largest Prisoner Exchange of the War
×