Can the world achieve its climate change goals without China’s support?
China is the leading consumer of energy in the world. According to IEA published data for 2019, its
Total Energy production was 113,848 TJ (Terajoules)Total primary energy supply 3389.3 MTOE (Million tonnes of oil equivalent)Electricity consumption TWh 7154Total CO2 emission M.T. of CO2 98765Contrast this with the other large economy of the world USA data:
Total Energy production 90,316 TJ (Terajoules)Total primary energy supply 2034 MTOE (Million tonnes of oil equivalent)Electricity consumption TWh 4056Total CO2 emission M.T. of CO2 4286The total energy production, electricity consumption, and Carbon dioxide emission of China far exceed that of the U.S.
To achieve the peak target in CO2 emissions before 2030, China is working to raise the share of renewables sevenfold between 2020 and 2060. It estimates that by 2060 renewables will account for 80 percent of the power produced. The primary energy source will be solar by around 2045.
The world cannot achieve its climate goals without the participation and support of China.
Supporting certifications:
Climate change: Financial Risks and Opportunities
Business strategy Similar Posts:
How will sustainable practices slow down the pace of climate change?How do I ensure that my company is sustainable in the long run?Why is it the world’s two largest economies have failed to provide climate leadership?The post Can the world achieve its climate change goals without China’s support? appeared first on Sudhirahluwalia, Inc.
