Latest from ChinaFAQs
For many years, Chinese regulators have learned about nuclear safety from working with the United States, but nuclear safety cooperation is becoming increasingly a two-way street. Nuclear energy could play a significant role in meeting China’s new climate goals stated in its November 11th, 2014 joint announcement with the U.S. This includes targets to peak its carbon dioxide emissions around 2030—with the intention to do so sooner—and to raise the non-fossil fuel share of energy use to around 20 percent by that date. The U.S. and China are working together to ensure attention to safety considerations in China’s projected expansion of nuclear power.
Drawing on preliminary energy demand data from China’s National Bureau of Statistics, Bloomberg New Energy Finance has estimated that China’s carbon dioxide emissions fell by 2 percent last year, the first reduction in over a decade. Other reports indicate China’s coal consumption also declined, by 2.9 percent, in 2014; and the share of non-fossil energy in China’s energy consumption rose last year, while coal fell as a percentage of the country’s energy mix. According to the International Energy Agency, even as the global economy grew by 3%, global energy-related carbon emissions did not rise in 2014, due to shifts in energy use in China and OECD countries.
Professor Qi Ye, director of the Brookings-Tsinghua Center for Public Policy, commented at London-based think tank IPPR on his expectations for China’s upcoming 13th Five Year Plan, which will go into effect early next year. Profesor Qi expects the Chinese government to place a cap on CO2 emissions—consistent with the planned carbon market starting next year—and assign “absolute coal consumption caps” to more than the 30% of provinces presently covered. He also emphasized that China is making efforts to reach a peak in CO2 emissions earlier than its 2030 target. These comments come in the wake of reports that China’s coal consumption fell in 2014.
The U.S.-China joint announcement on climate change is an historic milestone to limit carbon pollution. This agreement between the world’s two top economies, which together emit nearly 45 percent of the planet’s carbon pollution1, is a big deal.
ChinaFAQs expert Angel Hsu and her team at Yale’s Environmental Performance Measurement program have developed an interactive timeline that lays out the steps China is expected to take in developing, enacting and implementing its next Five Year Plan, which will orient the country’s economic and social policy. The 13th Five Year Plan will be announced in early 2016 and will be in place until the 14th Five Year Plan in 2021. The timeline provides details on dates, procedure, and stakeholder involvement for each stage of the process. Past plans have set targets relating to energy and carbon intensity, coal and energy consumption, energy efficiency, and clean energy development. The upcoming 13th Five Year Plan is likely to include additional measures to bend the curve of China’s greenhouse gas emissions downward, and will provide insight into how China will strive to meet its new climate targets for 2030.
To access the timeline, click here
ChinaFAQs expert Dan Kammen describes the implications of the U.S.-China climate accord for the international climate negotiations and for each country. Kammen emphasizes the necessity of clean technologies for China’s continued economic growth, and recommends that both countries pursue innovation regarding their electrical grids and scale up regional carbon pricing policies.
To read the full article, click here
U.S. Commerce Secretary Penny Pritzker and Energy Secretary Ernest Moniz recently announced plans for a Business Development Mission to China in April, intended to promote U.S. companies’ business in clean energy in China and to bolster U.S.-China clean energy collaboration. The delegation will include representatives from U.S. industries advancing “Smart Cities” and “Smart Growth”.