Xi Just Radically Changed the Fight Against Climate Change

/xi-china-climate-change-saved-the-world

  • Xi Just Radically Changed the Fight Against Climate Change
    https://foreignpolicy.com/2020/09/25/xi-china-climate-change-saved-the-world%e2%80%a8

    There are reasons to be skeptical. Xi is not promising an immediate turnaround. The peak will still be expected around 2030. Recent investments in new coal-fired capacity have been alarming. A gigantic 58 gigawatts of coal-fired capacity have been approved or announced just in the first six months of this year. That is equivalent to 25 percent of America’s entire installed capacity and more than China has projected in the previous two years put together. Due to the decentralization of decision-making, Beijing has only partial control over the expansion of coal-burning capacity. If Beijing is actually to implement this policy, there are huge political as well as technological challenges ahead. There have been some encouraging noises about new renewable energy commitments. But the transition costs will be huge, and Beijing has to face its own fossil fuel lobby. As one commentator remarked, Chinese officials laugh when they earnestly seek advice from Europeans on problems of the “just transition” and realize that the entire fossil fuel workforce that has to be taken care of in Germany is smaller than that of a single province in China. It will be an upheaval similar to the traumatic 1990s shakeout of Mao Zedong-era heavy industry.

    #china #transition