China's Carbon Emissions Set to Peak in 2021, Research Shows
China's carbon emissions are projected to peak this year and enter a period of decline starting in 2024, according to analysis of official government figures and commercial data. Despite a surge in energy demand following the lifting of Covid restrictions, China has exceeded clean energy targets, with solar installations growing by 210GW this year alone. China's total solar capacity is set to exceed 600GW by the end of the year, and wind capacity has reached 70GW. Battery output is forecasted to hit 800GWh, enough to power 20 million electric vehicles. The increase in clean energy development is expected to drive a sustained decline in fossil-fuel electricity generation and CO2 emissions. However, new coal plant construction continues, posing a challenge to China's goal of reducing emissions.
- 'Structural decline': China's carbon emissions could peak this year after record clean energy surge BusinessGreen
- China emissions could go into 'structural decline' next year - research Reuters
- Analysis: China’s emissions set to fall in 2024 after record growth in clean energy Carbon Brief
- China’s carbon emissions set for structural decline from next year The Guardian
- China Could See Emissions Peak This Year, Analysis Finds Yale Environment 360
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