China Carbon Neutrality Pledge

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China Carbon Neutrality Pledge
by Aiyang Zheng \| 23-06-2021 23:11 0
At the General Debate of the 75^th Session of the United Nations General Assembly, China, the world’s largest emitter of carbon dioxide, made a bold statement about its plans for tackling carbon emissions: aiming to have CO2 emissions peak before 2030 and achieving carbon neutrality before 2060. What's Carbon Neutrality? Carbon neutrality is the balance between emitting carbon and absorbing carbon emissions from the atmosphere in carbon sinks. Generally speaking, there exists two ways to achieve this: reduction and compensation. For example, we can reduce energy consumption and emission-producing activities, improve energy efficiency, and replace traditional energy with renewables. Opportunities and Challenges Since China relies on fossil fuels for around 85% of power production with coal at 60%, the energy sector has the biggest role to play to achieve its goal. It’s estimated that China needs to reduce fossil fuels consumption from the 85% of total energy mix to 25% to reach carbon neutrality. However, grid operators have few incentives to buy renewables, highlighting the urgency of power market reform. On the other hand, China’s pledge on expediting its carbon neutral commitment will have significant “spillover” opportunities for the global energy landscape and emission reductions. For example, solar panels prices all around the world have decreased due to China’s high demand for solar energy. How do you think the challenges and opportunities regarding China’s carbon neutrality pledge? Look forward to hearing your comments and thoughts.

Dormant user Aiyang Zheng

5 Comments

Yuseon Mentor says :
Hi Aiyang,

This is your mentor Yuseon:D

Wow what good news.
China, the world??s largest emitter of carbon dioxide, always seemed to be less passionate in participating in worldwide efforts with other nations. It is such good news for the planet. I personally think it would not be an easy job for China to minimize such amount of carbon in a short time, but I hope that even if it would take time, it would be successful in neutralizing carbon emissions.

Thanks for sharing:)
Posted 04-07-2021 21:47

Debbie Mentor says :
Dear Aiyang,

This is your mentor Debbie. :)

China is a big country - and this is exactly why China needs to take actions about carbon neutrality! When it starts taking actions, positive cycle may settle just as you??ve mentioned in the article. Hopefully China will also turn towards environmental actions. There is no time for any delay. :)

Best,
Debbie
Posted 29-06-2021 14:31

Shobha Pokhrel says :
Thaks for Sharing such an informative report on carbon Neutrality
Posted 27-06-2021 10:13

Sandhya Adhikari says :
Hello Aiyang,
I do hope you are fine there and doing great with your works,

Thanks for sharing an informative article on Carbon neutrality,

Keep sharing and shining,

We are eager to read much more from you in coming days,

Regards,
Sandhya Adhikari
Green cheers from Nepal

Posted 24-06-2021 18:00