World must wake up to China’s energy revolution - Climate News Network
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By Kieran Cooke
New report says a successful outcome at this year’s Paris climate talks will be far more likely if the world takes note of how China is reducing emissions.
LONDON, 11 June, 2015 − The pace of change in China’s energy policy means that the targets it has set for cutting greenhouse gases (GHGs) are likely to be achieved sooner than expected, according to a new study.
As part of a joint China/US agreement last November on tackling climate change, China said its GHG emissions – the highest in the world – would peak in 2030 and subsequently decrease. It could now be five years ahead of schedule.
The joint study by the London School of Economics (LSE) and the Grantham Research Institute on Climate Change and the Environment says that wholesale changes taking place in energy and industrial policy mean that China’s emissions are, in fact, likely to peak in 2025 – and fall sharply thereafter.