Beautiful disaster by laura spinella6/9/2023 “The rapid expansion in low-carbon energy, if sustained, could enable emissions to peak and enter structural decline, once the post-Covid recovery has played out,” they said. However, the emissions could peak soon, as China has accelerated its clean energy push and installed record amounts of solar and wind power capacity, the analysts pointed out. “Looking at the rest of the year, the government’s focus on economic growth means that China’s emissions are likely to reach an all-time high in 2023, topping the previous peak in 2021,” said Lauri Myllyvirta and Qi Qin, analysts at CREA. The increase was driven by an economic rebound after the end of China’s zero-Covid policy, economic stimulus measures and weak hydro generation due to an ongoing drought, the Helsinki-based think tank said. That’s the highest first-quarter number on record. China’s carbon emissions will likely hit a new record in 2023 on the back of an economic rebound, but a rapid expansion in green energy will enable its emissions to peak soon, a global energy think tank said on Friday.Ĭhina, the world’s largest emitter of greenhouse gas, saw its carbon dioxide emissions rise 4% in the first quarter of this year compared to the same period in 2022, reaching more than 3 billion tonnes, according to a new report by the Centre for Research on Energy and Clean Air (CREA) for Carbon Brief.
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