- Environmentalists slam lobbyist influence on plastic talks
- Global security hotspots awaiting Trump in 2025
- Eddie Jones tells Japan to keep faith after heavy defeats
- Five forgotten conflicts of 2024
- Adani Group says it lost nearly $55 bn as US charges sparked rout
- Bumper election year brings headwinds for liberal democracies
- New Zealand pace bowler Smith to make debut in first England Test
- Australia remembers cricketer Phillip Hughes 10 years after death
- Protesters for jailed ex-PM Khan cleared from Pakistan capital's centre
- 'Very, very slow': plastic treaty talks grind forward
- Australian cop guilty of manslaughter after tasering 95-year-old
- Trump names trade envoy, top economic advisor to fill policy team
- China expected to hit peak coal consumption in 2025: report
- What to expect from the new EU top team's first 100 days
- New EU commission to get all clear as daunting task awaits
- German family winery taps into zero-alcohol trend
- World leaders react to Lebanon war ceasefire
- Paddington: the affable bear who became a lucrative business
- Hand-built fantasy tower brings value to Tokyo, creator says
- Asian markets mixed as traders eye fresh trade tensions
- Ceasefire begins in Israel-Hezbollah war
- Banned Ryan Garcia eyes New Year's Eve exhibition in Japan
- In US, a guitar trademark feud gets political
- China investigates defence minister for corruption: report
- 'American Railroad' musical project showcases untold immigrant stories
- Future of deep-sea mining stands at a crucial juncture
- Australia marks 10 years since death of cricketer Phillip Hughes
- Russia accuses UK diplomat of spying in fresh diplomatic spat
- Teen who lied about beheaded French teacher's class says 'sorry'
- Drake takes Kendrick Lamar rap feud to US courts
- Bolivia announces $1 bn deal with China to build lithium plants
- NFL-best Chiefs and Lions face short-rest US holiday test
- Alleged smuggler had meth-soaked cow onesie in suitcase: US officials
- Man City blow three-goal lead in Champions League, Bayern beat PSG
- Arsenal deliver Champions League statement of intent: Arteta
- Flick hails 'unbelievable' Lewandowski after 100th Champions League strike
- Man City not 'stable', says Guardiola after Feyenoord collapse
- US stocks rally despite Trump tariff threat but European stocks fall
- Ceasefire to begin in Israel-Hezbollah war
- League fines Hawks $100,000 for Young missing NBA Cup game
- Man City blow 3-0 lead to extend winless run in Feyenoord thriller
- Kim heads Bayern past 10-man PSG to dent Champions League hopes
- Lewandowski hits Champions League century as Barca beat Brest
- Inter take Champions League lead with narrow win over Leipzig
- Arsenal crush Sporting in Champions League to extend revival
- Ceasefire in Israel-Hezbollah war to take effect
- Egyptian clubs go on scoring sprees in CAF Champions League
- Biden hails Lebanon ceasefire deal as 'good news'
- Brazil's Bolsonaro 'participated' in 2022 coup plot against Lula: police
- Barcelona striker Lewandowski scores 100th Champions League goal
RBGPF | 100% | 60.1 | $ | |
SCS | -1.33% | 13.54 | $ | |
BCC | -2.76% | 148.41 | $ | |
CMSC | -0.65% | 24.57 | $ | |
RIO | -1.53% | 62.03 | $ | |
NGG | -0.68% | 62.83 | $ | |
GSK | -0.38% | 34.02 | $ | |
CMSD | -0.61% | 24.43 | $ | |
BTI | 1.01% | 37.71 | $ | |
AZN | -0.06% | 66.36 | $ | |
RELX | 0.51% | 46.81 | $ | |
BCE | -1.46% | 26.63 | $ | |
JRI | -0.98% | 13.24 | $ | |
RYCEF | -0.29% | 6.78 | $ | |
BP | -1.24% | 28.96 | $ | |
VOD | -0.56% | 8.86 | $ |
China expected to hit peak coal consumption in 2025: report
China's coal consumption could peak by 2025 as the world's top consumer of the fossil fuel ramps up its push for clean energy, a report published on Wednesday said.
The country -- the largest greenhouse gas emitter -- remains heavily reliant on coal despite installing renewable energy capacity at record speed.
But while coal remains king in China's energy mix, there are signs the world's second-biggest economy may be weaning itself off the fossil fuel.
Coal power permits fell 83 percent in the first half of this year, and no new coal-based steelmaking projects were approved in the same period.
And 52 percent of experts surveyed for a report by think tanks Centre for Research on Energy and Clean Air (CREA), based in Finland, and the International Society for Energy Transition Studies (ISETS), based in Australia, expect China's coal consumption to peak next year.
The percentage of experts surveyed this year who believe that China's coal consumption has already hit its maximum have also more than doubled this year from last year.
"Achieving carbon neutrality in a rapidly growing economy like China is no easy feat, but the country's substantial efforts are starting to bear fruit," ISETS' president Xunpeng Shi said.
Significantly more experts also think that carbon dioxide emissions in the country have already peaked or will top out by 2025, according to the study.
- Hitting targets -
Experts have become increasingly optimistic that China will be able to wean itself of polluting greenhouse gases in recent years, with breakneck installation helping Beijing hit its wind and solar energy capacity targets six years ahead of schedule.
Despite this, there is still "little clarity on China's emissions pathway", Lauri Myllyvirta, lead analyst at CREA said.
This leaves open the possibility of emissions increasing until 2030 and "very slow" reductions after that, he added.
China's demand for coal also still jumped last year, driving a global increase.
Coal-fired power generation is projected to grow again this year in China, albeit at the lowest rate in almost a decade, according to the International Energy Agency.
Energy consumption growth is also continuing to outpace GDP growth and is "faster than in the transition pathways aligned with the Paris Agreement", said the CREA report.
"China will need to either speed up renewable energy deployment even further or guide economic development in a less energy-intensive direction," Myllyvirta said.
China aims to peak its planet-warming emissions by 2030 and reach net zero three decades later.
The 2015 Paris Agreement requires countries to submit increasingly deep emission cutting plans every five years, known as Nationally Determined Contributions (NDCs). China is due to submit its updated NDC by February next year.
According to an earlier CREA report, China must set a "strong but achievable target of reducing emissions by at least 30 percent" by 2035.
In November, officials voted to pass an energy law, saying it would "actively and steadily promote carbon peaking and carbon neutrality".
C.Kovalenko--BTB