China may reach its climate goals ahead of schedule

General – Reducing Global Emissions

China could potentially break the trend of its CO2 emissions from the energy sector before 2030 and its energy supply could become CO2-neutral well before planned.

This is demonstrated in a new report presented today at the UN Climate Summit, COP28. The report was prepared by Chinese authorities with assistance from Danish experts.

”China holds the potential to make a significant impact in reducing global emissions and thereby limiting global warming. The fact that Danish experts can contribute is something that I am very proud of,” says Dan Jørgensen, Minister for Development Cooperation and Global Climate Policy.

He has presented the report, China Energy Transformation Outlook 2023 (CETO), along with Chinese chief negotiator Xie Zenhau at the UN Climate Summit COP28 in Dubai.

The new report indicates that it is realistic for China to achieve its 2030 and 2060 climate targets ahead of schedule. It is published by the Energy Research Institute, a Chinese institute established with the help of Danish experts from the Danish Energy Agency, as part of the government-to-government cooperation on energy between Denmark and China.

“Denmark has accumulated decades of experience in the green transition of our energy system while sustaining economic growth. Sharing our experiences with China can contribute significantly to CO2 reductions, which are crucial for our collective future,” says Dan Jørgensen.

According to CETO, China’s energy supply has the potential to achieve CO2 neutrality before 2055 – more than five years before the current target of 2060. At the same time, China’s CO2 curve could also flatten before 2030.

Original Source: https://ocean-energyresources.com/2023/12/10/china-may-reach-its-climate-goals-ahead-of-schedule/