Analysis: Clean energy just put China’s CO2 emissions into reverse for first time

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Eco-Business 1d ago

Analysis: Clean energy just put China’s CO2 emissions into reverse for first time - Eco-Business

Quick Summary:

For the first time, the growth in China’s clean power generation has caused the nation’s carbon dioxide (CO2) emissions to fall despite rapid power demand growth.

The new renewable electricity pricing policy, which ties the volume of “contracts for difference” given out to new solar and wind projects to national clean energy targets, further increases the importance of target-setting in China’s upcoming 2035 climate targets under the Paris Agreement and in the next 15th five-year plan, covering 2026-2030.

However, the outlook beyond that depends strongly on the clean energy and emissions targets set in China’s next five-year plan, due to be published next year, as well as the economic policy response to the Trump administration’s hostile trade policy.