The huge scale of investments required to do Net Zero CO2 Emissions would raise China’s GDP by as much as 5% later this decade, with a modest ongoing positive impact due to reduced fossil-fuel imports.

China’s investments would not only drive dramatic reductions in its own CO2 emissions, but would also lower the cost of clean energy, creating a positive “spillover” effect in other countries.

  • CommieMisha [she/her,they/them]
    ·
    4 years ago

    At the same time, 2060 seems like it's way off the ideal projected CO2 reduction year. 2030 may be nearly impossible, but even China should be aiming for that, shouldn't they?

    • Darkmatter2k [none/use name]
      hexagon
      ·
      4 years ago

      This is co2 neutral ie no emissions or offset emissions, China is still on track to reach co2 Paris agreement targets ahead of schedule:

      https://www.google.dk/amp/s/www.carbonbrief.org/chinas-emissions-could-peak-10-years-earlier-than-paris-climate-pledge/amp

      • communistthrowaway69 [none/use name]
        ·
        4 years ago

        The first ten years of the agreement, they were allowed to increase emissions, as part of the historical understanding that the West traditionally had been the problem.