Reuters: China plans new carbon emission controls as it aims for 2030 peak
https://www.reuters.com/world/china/chinas-state-council-issues-plan-create-carbon-control-system-2024-08-02/China plans new carbon emission controls as it aims for 2030 peak
By Reuters
August 2, 2024 12:00 PM EDT
BEIJING, Aug 2 (Reuters) - China will accelerate the development of a carbon emissions control system to help it achieve its goal of reaching a peak in the emissions of the climate-warming gases by 2030, the cabinet said on Friday.
Beijing's energy policies have so far focused on "energy and carbon intensity" - energy and emissions involved in producing a unit of economic output - effectively tying its targets to overall economic growth.
Under a work plan announced by the State Council, a "dual-control" system will come into force during the 2026-2030 five-year plan period. Over that time intensity will remain the main measure, but total emissions controls will supplement it, and the focus will shift to emission controls thereafter.
Greenpeace welcomed Friday's move as a step towards decoupling of climate targets from economic growth.