An analysis of China’s key climate targets and the steps China is taking to meet them.
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This post originally appeared on WRI’s Insights blog:
China’s Renewable Energy Law prohibits curtailment, but the problem persists, partly for technical reasons. However, a large part of the problem is not technical. In practice, fossil fuel power plants have priority over renewables, leaving less room for solar and wind power in a country with a large overcapacity of coal-fired power. There is also a lack of clarity on how the renewable energy integration mandate should be enforced. Better-designed and -implemented policies can help. In the last two months, China’s government has thrown three punches to tackle the problem.
This post originally appeared on the World Resources Institute’s live blog covering the Signing Ceremony of the Paris Climate Change Agreement. To follow the signing ceremony via WRI’s live blog, click here.
The signing of the landmark international climate change agreement reached in Paris in December is taking place today at the United Nations in New York. China is represented by Zhang Gaoli, Vice Premier of China, and Special Envoy of Chinese President Xi Jinping. Zhang said that after China signs the Paris Agreement today, it will work hard to earnestly implement it. Zhang said China will finalize its internal process to join the agreement before it hosts the G20 Summit in Hangzhou in September 2016, and will encourage other G20 members to quickly join the agreement as well.
U.S. and China To Sign, Join Paris Agreement This Year, Deepen Cooperation on Climate and Clean EnergyPosted by Geoffrey Henderson on Mar 31, 2016
The United States and China have issued a joint presidential statement confirming that they will each sign the Paris Agreement on April 22nd and take steps to join the agreement as early as possible this year, and calling on other countries to do the same. This statement builds on the action generated by the presidential joint statements over the last two years, which has been an important catalyst of international action on climate change. The new showing of mutual confidence and continued commitment will contribute to worldwide momentum to tackle climate change and implement the Paris Agreement.
This post originally appeared on ChinaFile.
For the first time ever, a senior Chinese leader announced in his work report to the National People’s Congress—his most important formal speech of the year—that environmental violators and those who fail to report such violations will be “severely punished.” Premier Li Keqiang reported that China had succeeded in meeting or exceeding the previous Five-Year Plan’s environmental goals. The draft 13th Five-Year Plan, released March 5 and scheduled to be passed (likely without amendment) in the coming days, builds on that success, requiring greater reductions in the emissions of many pollutants.
China recently released its 13th Five Year Plan, which will guide China’s economic, social, and environmental policy through 2020. The plan makes clear that China is integrating climate action into its strategy for economic development. It sets China on course to meet or exceed its international climate commitments, and lays out a strategy for a rebalancing of the economy toward cleaner drivers of growth.
To analyze the key elements of the Five Year Plan in the context of the progress China has achieved and the country’s remaining challenges, ChinaFAQs organized a press conference call on March 18th.
For the audio of the press call, click here.
Based on recent economic developments and the newly-released Thirteenth Five-Year Plan, China is well on its way to reaching its climate goal of peak CO2 emissions by 2030.
The Plan charts the overarching course of China’s economic and social development through 2020, and will be translated into plans for provinces and specific sectors like energy in the coming months and years. The national plan, by reflecting the government’s high-level priorities, provides important momentum toward meeting China’s climate change commitments.
As reflected in the emphasis on “green development” of the recently-released 13th Five Year Plan, China’s leaders recognize the need to shift to a more sustainable, climate-friendly model of development. They have signaled that they believe market pricing is a key element of the new model, and that carbon pricing is an important policy instrument for achieving this shift. While China’s carbon trading pilots and planned national trading system have received much attention, a carbon tax is also being seriously discussed. Government think tanks have proposed various options for the sectors to be covered, tax administration, and use of the revenue to complement existing policies.