KarbonWise’s Post

🏞️ 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞: 𝐂𝐡𝐢𝐧𝐚'𝐬 𝐆𝐇𝐆 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐒𝐡𝐨𝐰 𝐒𝐢𝐠𝐧𝐬 𝐨𝐟 𝐏𝐥𝐚𝐭𝐞𝐚𝐮 China has recently seen its emissions plateau after years of rapid growth. This development brings cautious optimism to the global fight against climate change. The stabilization of emissions is attributed to a combination of economic shifts, increased investments in renewable energy, and stringent government policies aimed at reducing carbon output. As the international community strives to meet ambitious climate targets, China's emissions plateau could play a critical role in achieving these goals. Key takeaways from the article include: 1. 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐓𝐫𝐞𝐧𝐝𝐬: China's greenhouse gas emissions have shown signs of plateauing, largely due to a decline in the construction of new coal plants and a significant increase in renewable energy investments. 2. 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐅𝐚𝐜𝐭𝐨𝐫𝐬: The stabilization is partly attributed to economic factors such as slower economic growth and structural changes in the economy, moving away from heavy industry, toward services and technology. 3. 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐏𝐨𝐥𝐢𝐜𝐢𝐞𝐬: The Chinese government’s policies aimed at reducing emissions, including promoting electric vehicles and implementing stricter environmental regulations. 4. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐦𝐩𝐚𝐜𝐭: This development is noteworthy for global climate goals. A plateau in its emissions could help in achieving international climate targets such as net-zero by 2050. 5. 𝐅𝐮𝐭𝐮𝐫𝐞 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: Despite this positive trend, challenges remain, including the need for further reductions in emissions and addressing the environmental impact of existing coal plants. To sustain and build on this progress, China must continue to innovate and implement measures that further reduce emissions and address the environmental impact of existing coal infrastructure. The world will be closely watching China’s next steps, as its actions will be pivotal in shaping the future of global climate initiatives. #ESG #Climatechange #Netzero #Carbon #Renewable #Emissions Julian So CITD (China Information Technology Development) Tokenis3 XBE

NO PRIZE FOR FIRST PLACE Is China a climate “saint” or “villain”? - The Economist magazine asks. China emits more than a quarter of the world's greenhouse gases each year, and over the past three decades it has released more CO2 into the atmosphere in total than any other country, according to data from Our World in Data. Nearly half of emissions come from the power sector, which is dominated by coal-fired plants. Another third comes from factories, especially steel foundries. However, if we consider CO2 emissions per inhabitant, China emits only two-thirds of the level of the United States (which has less than a quarter of the country's population). China). While China is the world's largest emitter of carbon dioxide, it is also the main source of green technology: Chinese companies manufacture 90% of the world's solar cells (building blocks for solar panels), 60% of lithium-ion batteries and more than half of electric vehicles. Last year, clean energy industries accounted for 40% of China's GDP growth and $676 billion was invested in this field, 38% of the global total.

China's Emission Peak? #China #ClimateChange #CarbonBrief Key Takeaways: - China's CO2 emissions rose to 12.6bn tonnes in 2023. - First emissions decline in 14 months observed in March. - Preliminary data indicates continued fall in China's emissions. Further Insights 1. Emission Surge: Post-COVID recovery led to a 4.7% increase in China's carbon-dioxide emissions, reaching a record 12.6bn tonnes. 2. Recent Decline: March saw a 3% year-on-year drop in emissions, marking the first decline after consistent increases for over a year. 3. Continued Drop: Preliminary data suggests emissions also fell in April, indicating a potential trend. Closing Thoughts: As China's emissions possibly hit their peak, what models or strategies can other nations adopt from this scenario for their climate action plans?

Different glasses give different pictures Except for some occasional hiccups (usually caused by events we would have preferred to avoid), greenhouse gas emissions have been increasing continuously since 1850 or so. They have reached a new high in 2023 (https://lnkd.in/eWQ_Vcw7). Since we only have one atmosphere, the climate does not really care where those emissions come from. However, in terms of deciding how to decrease those emissions with a just pathway, things are quite different. If one looks at the 2022 emissions (left graph), China accounts for almost 30% of the total (in CO2eq)- more than twice those of the US. The 20 biggest emitters account for 83% of total emissions. Normalising per capita (right graph), the US is now far ahead China- and so are many other countries. If one now looks at cumulative historical emissions, the US leads the charge (although China is catching up quite quickly): https://lnkd.in/e-kmwVKX). Not all countries can decarbonise at the same speed since they do not have the same financial means, Climate Action Tracker defines a "fair share" in emission reduction based on responsibility, equality, capability need, and cost effectiveness. The site CNN published recently a nice article with great visuals (those 2 graphs are extracted from it) discussing those questions: https://lnkd.in/ec6hsKnM NB: the fact that China is the biggest emitter or that France, the UK (fill the blank) is only 1% of global emissions is no excuse to not do anything !! (https://lnkd.in/edazgRPx) #climatechange #justtransition

#ReadNow The carbon dioxide emissions of an average earner in many developed countries are much higher than the emissions of the richest 10 per cent in developing countries such as Argentina, Brazil, India and the ASEAN region. Read our study to learn more 👇 https://lnkd.in/dhhCigHg #emissions #emissionreduction #netzero #globalwarming

At this stage in history, it's really hard to believe that there are still climate change deniers...but there are. This presentation by WRI is comprehensive and easy to understand. However, there are a couple of things that should be highlighted. There is a direct correlation between China having the highest emission rates in the world and the U.S. having the highest (by far) per capita emission rates. The answer: consumption. China's emissions are predominantly linked to energy and industrial production. One of China's most important trade partners is the U.S. Indirectly, the U.S. is responsible for a significant percentage of China's emission because of consumption patterns. I doubt many people will even read this far. It's cool to support Earth Day, but not cool to talk about the dirty facts of carbon emissions. The only way to reduce carbon emissions in China, the U.S. or anywhere else is to reduce consumption. How about if we all commit to consume less and give more? https://lnkd.in/eVkvBUCe

In the 1950s, the United States and the countries that later formed the European Union (EU) were the biggest emitters in the world, responsible for over 70% of total annual emissions. However, this trend swiftly changed as other nations entered the fray. For instance, China’s economic surge in the 1970s, particularly with the advent of Deng Xiaoping’s new economic strategy in 1978, triggered a notable uptick in the country’s CO2 output. From 1950 to 2000, China witnessed a surge of over 4,500% in emissions, reaching an annual 3.6 billion tonnes by 2000. Similarly, India, Japan, and the broader Asian region all experienced emission growth exceeding 1,000% between 1950 and 2000.

Why the Era of China’s Soaring Carbon Emissions Might Be Ending https://lnkd.in/d7YRtxCk #china #greenhousegasemissions #carbonfootprint #carbonneutrality #netzeroco2 #netzeroemissions #parisclimateagreement #renewableenergy #solarpower #photovoltaicenergy #solarpv #windenergy #windturbines #hydroelectricpowerplants #powergeneration #energyindustry

Solving Carbon Emissions is a complex topic. But its need is Simple. If you look at the chart below, it clearly shows that Asia and most notably, China and India are among the largest emitters. However, dig a level deeper there could be many ways to cut this chart. - What about per capita emissions? - China is the leading goods producer in the world. What happens when you disaggregate it for countries it ships to? - Emerging markets are playing economic catch-up. However, the need is simple we need them to reduce to make the world a better place for future generations. What do you think is the best way to solve this problem? #Carbon emissions.

Accelerating China's transition to carbon neutrality and clean air. Progress in the synergetic control of CO2 emissions and PM2.5 pollution by sectors in each Chinese province from 2015 to 2020. China's commitment to achieving carbon neutrality by 2060 necessitates significant transformations across its economic landscape. Concurrently, air pollution remains a pressing issue, affecting millions and necessitating urgent action. Recognizing the intertwined nature of these challenges, China has adopted an integrated approach to address climate change and air quality simultaneously reveals the Synergetic Roadmap on Carbon Neutrality and Clean Air for China. This comprehensive report offers a detailed analysis and updates on China's ambitious efforts to synergize air pollution control with carbon neutrality objectives. At the core of the 2022 Roadmap Report is a detailed strategy targeting key sectors such as energy, industry, and transportation, marking significant strides towards sustainability in China. A hallmark achievement detailed in the report is the dramatic increase in renewable energy usage, with non-fossil fuel sources outpacing coal for the first time, heralding a major shift towards greener energy. This change is further underscored by notable decreases in the production of carbon-intensive industries like steel and cement, and a surge in electric vehicle penetration, indicating a significant transformation in China's energy consumption and production practices. The report also underscores the role of innovative policies and technological breakthroughs in driving these shifts, offering a comprehensive overview of China's progress, and highlighting areas in need of further development. "This report marks a significant milestone in our journey towards a sustainable future," "By focusing on synergetic governance system and structural transitions, China is making strides in reducing carbon emissions and improving air quality. This holistic approach not only addresses climate change but also enhances public health and resilience against environmental challenges." This strategic initiative underscores China's dedication to a sustainable future, showcasing the practicality of extensive environmental change and the synergy between improving air quality and addressing climate change, thereby setting a precedent for global environmental and climate policy. #carbon #emission #neutrality #nonfossil #environment #greener #energy #climate #steel #cement #consumption #china