The Japan Times - China nears peak emissions as climate envoy meets US counterpart

EUR -
AED 4.257825
AFN 73.041018
ALL 95.873009
AMD 437.352583
ANG 2.075387
AOA 1063.151672
ARS 1613.58108
AUD 1.673905
AWG 2.089782
AZN 1.973845
BAM 1.954333
BBD 2.334618
BDT 142.577309
BGN 1.981739
BHD 0.437687
BIF 3437.561568
BMD 1.15938
BND 1.487067
BOB 8.009404
BRL 5.97753
BSD 1.159165
BTN 107.581834
BWP 15.765053
BYN 3.447206
BYR 22723.847126
BZD 2.331251
CAD 1.608831
CDF 2660.776779
CHF 0.920201
CLF 0.026806
CLP 1058.468183
CNY 7.967264
CNH 7.972674
COP 4258.889516
CRC 538.925783
CUC 1.15938
CUP 30.723569
CVE 110.722703
CZK 24.516831
DJF 206.04483
DKK 7.472801
DOP 70.143272
DZD 153.949838
EGP 62.050135
ERN 17.390699
ETB 182.022293
FJD 2.613012
FKP 0.879391
GBP 0.871048
GEL 3.118896
GGP 0.879391
GHS 12.753478
GIP 0.879391
GMD 85.21678
GNF 10179.356057
GTQ 8.867307
GYD 242.600498
HKD 9.086698
HNL 30.862654
HRK 7.536546
HTG 152.154348
HUF 383.24522
IDR 19636.418305
ILS 3.636337
IMP 0.879391
INR 107.408495
IQD 1518.208052
IRR 1529077.238778
ISK 144.412139
JEP 0.879391
JMD 183.321638
JOD 0.822032
JPY 183.994179
KES 150.777075
KGS 101.387493
KHR 4649.699016
KMF 494.765613
KPW 1043.376276
KRW 1755.046257
KWD 0.358781
KYD 0.966029
KZT 551.044098
LAK 25451.296237
LBP 103411.591452
LKR 365.40421
LRD 213.152204
LSL 19.645662
LTL 3.423348
LVL 0.701297
LYD 7.390987
MAD 10.811232
MDL 20.418822
MGA 4840.411584
MKD 61.660687
MMK 2435.168612
MNT 4142.142525
MOP 9.359182
MRU 46.52622
MUR 54.247415
MVR 17.912336
MWK 2013.843377
MXN 20.666755
MYR 4.66181
MZN 74.153892
NAD 19.645738
NGN 1599.978701
NIO 42.560709
NOK 11.261423
NPR 172.131476
NZD 2.01633
OMR 0.445773
PAB 1.15919
PEN 4.032302
PGK 5.053699
PHP 69.770824
PKR 323.696816
PLN 4.283526
PYG 7528.253101
QAR 4.225358
RON 5.098146
RSD 117.335075
RUB 93.098607
RWF 1693.854115
SAR 4.351688
SBD 9.286604
SCR 16.275631
SDG 696.7875
SEK 10.912675
SGD 1.487316
SHP 0.869835
SLE 28.512249
SLL 24311.630526
SOS 662.585427
SRD 43.319095
STD 23996.824298
STN 24.926669
SVC 10.142345
SYP 128.398205
SZL 19.634144
THB 37.807266
TJS 11.084355
TMT 4.05783
TND 3.378723
TOP 2.791508
TRY 51.582667
TTD 7.867537
TWD 37.119883
TZS 3002.793635
UAH 50.722498
UGX 4317.890035
USD 1.15938
UYU 47.11444
UZS 14144.435668
VES 548.763749
VND 30532.271126
VUV 139.408472
WST 3.220425
XAF 655.501836
XAG 0.015358
XAU 0.000242
XCD 3.133282
XCG 2.088923
XDR 0.824264
XOF 654.469842
XPF 119.331742
YER 276.657015
ZAR 19.492823
ZMK 10435.815284
ZMW 22.34239
ZWL 373.319873
  • NGG

    2.2400

    86.84

    +2.58%

  • CMSD

    0.0500

    22.15

    +0.23%

  • BCC

    -0.7700

    75.08

    -1.03%

  • BCE

    0.1400

    25.38

    +0.55%

  • RIO

    1.5200

    94.81

    +1.6%

  • CMSC

    0.0900

    21.99

    +0.41%

  • BP

    -0.8300

    46.17

    -1.8%

  • AZN

    3.5100

    200.73

    +1.75%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BTI

    -0.5800

    57.89

    -1%

  • GSK

    0.8000

    55.99

    +1.43%

  • RYCEF

    0.9500

    16

    +5.94%

  • JRI

    0.2200

    12.52

    +1.76%

  • RELX

    0.0800

    33.23

    +0.24%

  • VOD

    0.1100

    15.13

    +0.73%

China nears peak emissions as climate envoy meets US counterpart
China nears peak emissions as climate envoy meets US counterpart / Photo: GREG BAKER - AFP

China nears peak emissions as climate envoy meets US counterpart

As climate envoys from the world's top two greenhouse gas producers meet in Beijing this week, experts say China's emissions may finally be nearing their peak.

Text size:

US climate envoy John Podesta will be looking to solidify Beijing's commitments -- which include topping out its planet-warming emissions by 2030 -- as he meets this week with counterpart Liu Zhenmin.

But with Beijing installing renewable capacity at record speed, and a construction slump dragging down emissions-heavy steel production, there are signs China could hit the peak early, though uncertainties remain.

"So much clean electricity... is being added that China can peak its emissions right now, if those additions are maintained and if overall energy demand growth moderates," said Lauri Myllyvirta of the Centre for Research on Energy and Clean Air (CREA).

China is building almost twice as much wind and solar energy capacity as every other country combined, data showed earlier this year.

That breakneck installation saw it hit a target for wind and solar capacity in August, six years ahead of schedule.

And while coal remains king in China's electricity system, there are signs the world's second-biggest economy may be weaning itself off the fossil fuel.

Coal power permits fell 83 percent in the first half of this year, and no new coal-based steelmaking projects were approved in the same period.

China is the world's top emitter and biggest consumer of coal, making its progress central to global climate goals, said Myllyvirta.

"Whether China's emissions growth continues or turns into a decline is absolutely decisive for our ability to peak global emissions and start reducing them towards net zero," he told AFP.

- 'Establishing before breaking' -

In addition to solar and wind, China's clean energy mix includes a significant amount of hydro and nuclear power.

China is the world's fastest growing nuclear power producer, according to the International Atomic Energy Agency, and last month alone approved plans for 11 new nuclear reactors.

But despite the growth in non-carbon energy sources, China's demand for coal still jumped last year, helping drive a global increase.

And coal-fired power generation is projected to grow again this year in China, albeit at the lowest rate in almost a decade, according to the International Energy Agency.

"However, there is significant uncertainty concerning the availability of hydropower and the growth in power demand," it warned.

Even as coal permits fell, construction began on more than 41 gigawatts of coal projects during the first half of 2024, CREA and Global Energy Monitor said.

That nearly equalled 2022 levels and accounts for over 90 percent of new coal construction worldwide.

The continued build-out reflects China's "cautious approach to its clean electricity transition," said Muyi Yang, senior electricity policy analyst at energy think tank Ember.

That strategy is "characterised by 'establishing before breaking', first building a robust clean electricity system before phasing down fossil fuels", Yang told AFP.

China has already seen drought hit hydropower output, something that is likely to become more frequent with climate change.

But as it builds out other renewable and non-carbon alternatives, its reliance on coal to plug gaps should decline, said Yang.

"China is fast approaching this critical juncture."

- 'Long way to go' -

There are other headwinds, including grid and market reforms, and "opposition from vested interests", warned Myllyvirta.

That could mean even massive renewable growth is insufficient to cover increasing demand.

And it remains an open question whether a peak in China's emissions would be followed by a progressive decline, or merely a plateau.

Still, the direction of travel and signals from top leadership offer cause for some optimism, analysts say.

A survey of 89 experts last year found the majority expected China to peak carbon emissions before 2030.

However, China has declined to sign a global pledge to reduce methane emissions by at least 30 percent from 2020 levels by 2030.

Podesta is expected to press his counterpart on efforts to reduce the potent greenhouse gas.

The talks may also cover ongoing rows over China's domination of green manufacturing, which has sparked tariffs from Washington and elsewhere.

"Those countries that don't want to be reliant on China for that supply still need to sort out their supply chains," Myllyvirta said.

"They have a long way to go in that respect."

H.Hayashi--JT