Xi Jinping’s pledge: Will China be carbon neutral by 2060?

People's Republic of China President Xi Jinping speaks during the 75th annual U.N. General Assembly, which is being held mostly virtually due to the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, 22 September 2020 (Photo: United Nations/Reuters).

Author: Fergus Green, Utrecht University

In a speech to the UN General Assembly in late September 2020, Chinese President Xi Jinping declared his country’s aim ‘to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060’.

As the first time the government has adopted a domestic long-term goal for emissions, the announcement took even seasoned China-watchers by surprise.

China’s emissions comprise more than a quarter of the global total, so its plans are of unparalleled importance to global climate change mitigation efforts. According to one prominent estimate, China achieving carbon neutrality by 2060 could lower global warming projections by 0.2–0.3 degrees Celsius.

Yet, this would still not be consistent with the global trajectory needed to restrict global average temperature increases to within 1.5 degrees Celsius above preindustrial levels — the more ambitious of the Paris Agreement’s numerous objectives. According to analysis by the Intergovernmental Panel on Climate Change (IPCC), meeting that objective would require net zero emissions globally around 2050 and cuts of 45 per cent relative to 2010 levels by 2030. More recent scientific analysis urges an even faster timetable to reduce the risk of catastrophic outcomes. China’s 2060 carbon neutrality target would be 10 years too slow at the least.

‘Carbon neutrality’ implies net zero carbon dioxide emissions, but it is not clear what long-term trajectory China has in mind for its other greenhouse gas sources and sinks. The goal also doesn’t cover China’s financing of coal power plants and polluting infrastructure in other countries — but that’s another story.

All of this assumes China’s goal will be implemented, raising an important question of credibility. It certainly requires an enormous transformation. At a minimum, it would mean all but completely phasing out fossil fuel energy in power generation, transport, buildings and industry. Considerable changes in land use will also be needed to suck more CO2 out of the atmosphere.

According to one study, China could feasibly decarbonise its power sector by 2050 using existing non-fossil electricity generation technologies, and it could decarbonise much of transport, buildings and industry through widespread electrification and the deployment of other available technologies. Decarbonising the remaining sources of emissions would, according to the study, require technological breakthroughs, for example in hydrogen energy. This could occur if the government undertook a concerted energy innovation program over the relevant timeframe.

Achieving net-zero carbon emissions by 2060 would bring local economic and social benefits to China. According to modelling by Cambridge Econometrics, investing in clean energy and its related infrastructure would significantly increase Chinese GDP relative to a baseline scenario. It would also have numerous domestic ‘co-benefits’ such as dramatically lowering local air pollution — a scourge that causes millions of premature deaths in China every year.

Achieving this material and socio-economic transformation would require major changes in governance, planning, policy, investment and organisational practice at multiple levels. Here lies the greatest challenge, for China’s political economy is dominated by vested interests and riddled with perverse incentives for unsustainable production. State-owned enterprises in the fossil fuel and energy-intensive industries, as well as industry-focused bureaucracies and many provincial and city officials, still have a short-term interest in building fossil fuel power plants, steel mills, cement factories and other highly polluting infrastructure. Central officials often acquiesce or otherwise fail to rein them in.

There has been a dramatic increase in new coal-fired power station development in the last few years as central government planning controls have loosened. A study by the Centre for Research on Energy and Clean Air (CRECA) analysed priority projects in China’s main energy-consuming and producing provinces. It showed that the equivalent of hundreds of billions of dollars in post-COVID-19 stimulus is being planned for fossil fuel and energy-intensive industrial projects, exceeding planned spending on low-carbon energy threefold.

It is trends like these that make analysts understandably cautious about the significance of the 2060 target. As CRECA’s Lauri Myllyvirta notes, 2060 is a long way away and the government’s medium-term target gives it space to increase…

Read the rest of this article on East Asia Forum

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