Climate talk is popular, climate action less so. Fixing the CO2 goals as climate is difficult and expensive but, as Ginger River Review’s Jinglin Gao and Jiang Jiang explain in their interview series, How China can meet its carbon reduction targets, Beijing is flexible about reaching its goals: “China may experience multiple carbon emission peaks, and there is no need to forcibly shut down factories due to emission fluctuations, which will hurt the normal operation of the economy”
China is supporting 51 pilot cities exploration of green finance, has a CO2 goals Plan for Industrial Carbon Peaking, a further step to fulfill the “dual carbon” commitment: peak carbon use by 2030 and carbon neutrality by 2060.
Part One talks to climate scientists and engineers covering four questions about China’s “dual carbon” goals from a macroeconomic perspective.
Part Two discusses the fate of existing fossil energy plants, the function of coal-based electricity, and what will become of coal plants eventually. The impact on ordinary people’s living costs, new sustainable energy jobs, and whether such innovations resolve climate change issue once and for all.
Highly recommended!!