China’s New Five Year Plan : Economic and Energy Sector Implications
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President Xi has surprised both the world and Chinese stakeholders in announcing the carbon neutrality objective by 2060. Yet the first announcements on China’s new Five Year Plan give little hope for a substantial policy adjustment in order to peak greenhouse gas emissions in the coming years, instead of “before 2030”.
Today, 28% of the world’s CO2 emissions come from China, which registers over 7 tons of GHG/capita (i.e. more than the European Union but two times less than the United States). China can hardly argue for more time in reducing its emissions, in contrast to emerging market emitters such as India. What are the current energy sector trends in China, what policy changes may be expected, and what are the five-year perspectives in the field of electricity, transport and industry?
PROGRAM:
Introduction: Françoise Nicolas, Director, Center for Asian Studies, Ifri
China’s energy and climate policies ahead of COP26: has anything changed? Kevin Tu, Senior Associate Fellow, Ifri
Discussants: Marc-Antoine Eyl-Mazzega, Director, Center for Energy & Climate, Ifri and John Seaman, Research Fellow, Center for Asian Studies, Ifri
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