China’s plans for new coal plants risk undermining battle against global warming
- World’s largest coal consumer shows little sign of ending its dependency even though it is also the biggest market for renewable energy sources
- UN climate summit is meeting to discuss ways to limit future warming, but hopes are fading that China will commit to further curbs on emissions
As world leaders gather in Spain to discuss how to slow the warming of the planet, the spotlight has fallen on China – the top emitter of greenhouse gases.
China burns about half the coal used globally each year. Between 2000 and 2018, its annual carbon emissions nearly tripled, and it now accounts for about 30 per cent of the world’s total.
Yet it is also the leading market for solar panels, wind turbines and electric vehicles, and it manufactures about two-thirds of solar cells installed worldwide.
“We are witnessing many contradictions in China’s energy development,” said Kevin Tu, a Beijing-based fellow with the Centre on Global Energy Policy at Columbia University. “It’s the largest coal market and the largest clean energy market in the world.”
That apparent paradox is possible because of the sheer scale of China’s energy demands.
But as China’s economy slows to the lowest level in a quarter century – around 6 per cent growth, according to government statistics – policymakers are doubling down on support for coal and other heavy industries, the traditional backbones of China’s energy system and economy. At the same time, the country is reducing subsidies for renewable energy.