Xi Jinping's latest announcement implies China will plunge from peak emissions to near-nothing in just 30 years
General Assembly on September 22nd, China’s leader, Xi Jinping, made a surprise announcement. He said that as well as aiming to halt the rise of its carbon emissions by 2030—much the same goal as five years ago—China would strive for “carbon neutrality” by 2060. In climate-change jargon, this means achieving a balance between carbon emissions and carbon reduction both technological and natural, such as planting trees.
But are the targets realistic? China will certainly have no problem ensuring that its emissions reach a peak before 2030. Already in 2014—a year before Mr Xi first declared such a goal —experts had concluded that the peak could arrive as early as 2025. Indeed, some scientists believe that its emissions from fossil fuels—the biggest source of human-produced carbon—may have peaked already.
Crucially, China has not spelled out whether its new target will cover domestic emissions only, or include the emissions caused by China’s generous investments in coal outside its borders, including through the Belt and Road Initiative, a global infrastructure-building scheme. A new five-year economic plan, to be adopted next year, may provide clues to China’s plans for ending fossil-fuel dependency.
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