If we can help China reduce emissions, we’ll go a very long way to turning the corner on climate change
No climate plan is complete without a systematic strategy for reducing China’s emissions. Fortunately, in 2014, the nation pledged to cap greenhouse gases and increase non-fossil fuel to 20 percent of its energy mix by 2030.
Reaching this goal will require sustained efforts from Beijing to transition to low-carbon fuel – China burns half the world’s coal, but it is also the largest investor in clean energy.
In 2013, China installed more solar capacity than the U.S. did over the previous six decades, and 45 percent of the world’s new wind energy production that same year also took place in China. In 2015, China invested more than $100 billion in clean energy, more than double the U.S. investment.
Also promising is the nation’s commitment to creating economic incentives to lower emissions. China is on track to launch a national carbon trading program in 2017, building on the experiences of seven carbon trading pilots that EDF helped design in five cities and two provinces.