Caixin
May 12, 2023 04:18 PM
ECONOMY

China’s Rising Emissions May Soon Be Eclipsed by Clean Power Push

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Chinese firms are investing massively in new coal mines and power plants, with plans to shift the fuel to a backup source. Photo: Bloomberg
Chinese firms are investing massively in new coal mines and power plants, with plans to shift the fuel to a backup source. Photo: Bloomberg

(Bloomberg) — China’s post-Covid rebound is boosting its world-leading power emissions this year, but rapid deployment of clean technology means they could soon peak, according to a new report.

Emissions grew 4% in the first quarter of this year and are likely to rise to a record high this year, according to an analysis by Centre for Research on Energy and Clean Air for Carbon Brief. At the same time, wind, solar and nuclear power growth is accelerating, bringing the country near the tipping point where clean energy can meet all new demand and start putting fossil fuel use into long-term decline.

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