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

EUR -
AED 4.27647
AFN 76.85373
ALL 92.304242
AMD 424.523883
ANG 2.084124
AOA 1068.970686
ARS 1760.97915
AUD 1.61839
AWG 2.097477
AZN 1.976574
BAM 1.955449
BBD 2.3458
BDT 143.57549
BGN 1.975344
BHD 0.439125
BIF 3475.506687
BMD 1.164456
BND 1.480254
BOB 13.656669
BRL 6.009778
BSD 1.164701
BTN 111.030046
BWP 15.606336
BYN 3.512631
BYR 22823.341766
BZD 2.3425
CAD 1.613226
CDF 2649.13758
CHF 0.936287
CLF 0.027367
CLP 1077.075457
CNY 7.82503
CNH 7.827545
COP 3678.691844
CRC 525.610272
CUC 1.164456
CUP 30.85809
CVE 110.243813
CZK 24.150359
DJF 207.404593
DKK 7.474743
DOP 68.378327
DZD 155.035466
EGP 58.51136
ERN 17.466843
ETB 190.247322
FJD 2.553129
FKP 0.856304
GBP 0.857185
GEL 3.039093
GGP 0.856304
GHS 13.044773
GIP 0.856304
GMD 86.169916
GNF 10238.032435
GTQ 8.890482
GYD 243.678401
HKD 9.128953
HNL 31.242398
HRK 7.533802
HTG 152.373988
HUF 364.864852
IDR 20630.670717
ILS 3.461637
IMP 0.856304
INR 111.119224
IQD 1525.826419
IRR 1600661.509937
ISK 140.794817
JEP 0.856304
JMD 184.616898
JOD 0.825606
JPY 185.914163
KES 150.634134
KGS 101.832082
KHR 4713.215632
KMF 492.564863
KPW 1048.010933
KRW 1600.754881
KWD 0.359561
KYD 0.970634
KZT 539.757856
LAK 26119.541062
LBP 104300.094649
LKR 381.964794
LRD 210.814011
LSL 18.632719
LTL 3.438336
LVL 0.704368
LYD 7.38174
MAD 10.76187
MDL 20.137562
MGA 5024.142315
MKD 61.5095
MMK 2445.092559
MNT 4190.618952
MOP 9.405394
MRU 46.857001
MUR 54.578295
MVR 17.991228
MWK 2019.655219
MXN 19.731536
MYR 4.688089
MZN 74.406152
NAD 18.632559
NGN 1560.77888
NIO 42.862683
NOK 10.859928
NPR 177.647673
NZD 1.958569
OMR 0.447727
PAB 1.164701
PEN 3.902834
PGK 5.165074
PHP 72.488599
PKR 323.120739
PLN 4.336452
PYG 6901.821771
QAR 4.245675
RON 5.25833
RSD 117.296886
RUB 99.561464
RWF 1712.107721
SAR 4.369287
SBD 9.315942
SCR 15.882335
SDG 700.411858
SEK 11.089023
SGD 1.480455
SHP 0.862706
SLE 28.703406
SLL 24418.063648
SOS 665.586376
SRD 43.937254
STD 24101.892572
STN 24.495818
SVC 10.191041
SYP 15140.259566
SZL 18.618822
THB 38.357352
TJS 10.773561
TMT 4.075597
TND 3.397291
TOP 2.803731
TRY 56.179534
TTD 7.904651
TWD 36.813122
TZS 3082.90133
UAH 51.894641
UGX 4391.250358
USD 1.164456
UYU 46.901993
UZS 13763.65037
VES 920.708859
VND 30360.284601
VUV 137.453315
WST 3.155621
XAF 655.847855
XAG 0.016529
XAU 0.000253
XCD 3.147002
XCG 2.099142
XDR 0.823331
XOF 655.845039
XPF 119.331742
YER 275.397571
ZAR 18.631179
ZMK 10481.494751
ZMW 22.042237
ZWL 374.954425
  • CMSC

    0.0350

    21.31

    +0.16%

  • CMSD

    0.0200

    21.18

    +0.09%

  • RBGPF

    -0.4400

    70.69

    -0.62%

  • JRI

    -0.0400

    12.4

    -0.32%

  • RYCEF

    -0.1000

    20.75

    -0.48%

  • BTI

    -1.1600

    56.28

    -2.06%

  • NGG

    -1.1000

    79.43

    -1.38%

  • VOD

    -0.0600

    15.88

    -0.38%

  • BCE

    -0.0900

    23.4

    -0.38%

  • BP

    -0.1600

    42.34

    -0.38%

  • BCC

    -1.1700

    78.77

    -1.49%

  • AZN

    -1.7500

    164.52

    -1.06%

  • RELX

    0.9600

    36.3

    +2.64%

  • RIO

    0.0800

    104.78

    +0.08%

  • GSK

    -1.1600

    50.27

    -2.31%

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