2020-12-15 14:00:00
CHINA CARBON TARGET 65%
ENERDATA - 15 Dec 2020 - China has pledged to lower its carbon intensity (i.e. CO2 emissions per unit of GDP) by more than 65% by 2030 from 2005 levels, compared to a previous target of reducing its carbon intensity by 60-65% by 2030. In addition, the country plans to raise the share of non-fossil fuels in primary energy consumption from around 20% to 25% by 2020, and to raise its total installed capacity of wind and solar power to over 1,200 GW. China will also increase the forest stock volume by 6 bcm from the 2005 level by 2030.
In September 2020, China presented plans to scale up its updated Nationally Determined Contribution (NDC) to the Paris Agreement, targeting a peak in CO2 emissions before 2030 and carbon neutrality before 2060. The country is currently working on a new five-year plan that will determine its near-term decarbonisation plans. The country’s CO2 emissions from energy combustion have almost quadrupled since 1990, reaching 9.7 GtCO2 in 2019. In 2019, China's carbon intensity was 46% lower than in 2005.
-----
Earlier:
2020, December, 11, 10:50:00
CHINA'S FUSION ENERGY
China’s HL-2M tokamak fusion reactor in Chengdu, Sichuan Province, was commissioned on 4 December and achieved its first plasma discharge, according to China National Nuclear Corporation (CNNC).
2020, December, 7, 13:15:00
CHINA OIL IMPORTS UP
China's crude imports in the first 11 months to 11.03 million b/d, rising 9.2% year on year.
2020, December, 7, 13:10:00
CHINA GAS IMPORTS UP
China's natural gas sales exceeded 950 million cu m/day across the nation, state-owned oil and gas infrastructure giant PipeChina said on its official WeChat on Nov. 21.
2020, December, 2, 14:35:00
CHINA'S HYDROPOWER PLAN 60 GW
China estimates its hydropower potential at around 700 GW
2020, November, 23, 12:20:00
CHINA'S RENEWABLE SUBSIDY UP
China had slashed the subsidy in 2020 from the previous year by around 30%
2020, November, 20, 13:35:00
CHINA'S OPENNESS, COOPERATION
“China will remain committed to openness and cooperation, and adhere to multilateralism and the principle of extensive consultation, joint contribution and shared benefits.”
2020, November, 17, 13:10:00
CHINA GAS PRODUCTION UP
The natural gas produced in October was 11.6% higher from September and up 11.9% from a year ago, data released Nov. 16 by the National Bureau of Statistics showed.
