7 Things China is Doing to Fight Climate Change
Against the patent lies the Trump campaign is spreading against China’s efforts to rein in its carbon emissions, here’s an informative article for the layman about the direction of Chinese policies that indicate its government’s seriousness in combating climate change.
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Here are seven things China is doing to curb its climate-warming emissions:
— Limiting coal use. Just a week after that 2014 announcement with Obama, China released an energy strategy that called for capping coal consumption by 2020. China also put a three-year moratorium on new coal mines, starting this year, and it’s been shutting down existing coal mines. Cutting back on coal not only reduces carbon emissions; it combats poor air quality, which has been causing serious health problems in notoriously polluted Chinese cities such as Beijing and Wuhan.
— Carbon trading. Next year, China will launch a nationwide carbon market, the world’s largest. It will cover six of the biggest carbon-emitting sectors, starting with coal-fired electricity generation. This cap-and-trade program will build on programs China has already created in two provinces and five cities.
— Cleaning up cars and trucks. China is the largest car market in the world. Cutting pollution from automobiles, like cutting pollution from coal plants, is essential not just to reducing CO2 emissions but to clearing the air in cities: The government estimates that roughly one-third of Beijing’s epic smog is from automobiles. China is pulling old, inefficient cars off the road, providing incentives for buying hybrids and electric cars, and enforcing stricter fuel-efficiency standards for new cars.
— Making buildings more energy efficient. Two years ago, China started issuing requirements for buildings to be given energy-efficiency upgrades. The energy savings are just beginning to be felt, but given that buildings can last for decades or even centuries, there could be a long payoff period.
— Building renewable capacity. China knows it needs alternative sources of energy to replace coal, so the government is investing heavily in developing wind and solar energy. “China has emerged as a leader in renewable energy,” reported Song and one of his colleagues in a blog post in April. “Investment soared from $39 billion to $111 billion in just five years, while electric capacity for solar power grew 168-fold and wind power quadrupled.” In Paris, China promised that at least 20 percent of its energy portfolio will come from non–fossil fuel sources by 2030.
— Building nuclear reactors. Whatever you think of nuclear energy, it is one of the lowest-carbon forms of electricity out there. Earlier this month, China announced it will build at least 60 new nuclear power plants within a decade.
— Building high-speed rail. A wealthier citizenry in a more industrialized country will be traveling a lot more. To limit transportation emissions, China is rapidly building high-speed rail. It already has more than 11,800 miles of high-speed rail that carry 2.7 million riders daily, and expansion plans are on the drawing board.
China will surely encounter hurdles and hiccups as it continues trying to rein in its emissions. The nation’s economy has recently been slowing down for cyclical reasons, as well as the structural ones mentioned above. After years of debt-fueled corporate investment and growth, Chinese companies are paying down their debts at the same time that the government is reining in industrial overcapacity and winding down the stimulus spending that got it through the Great Recession. China’s economy will eventually pick up again, and when it does, citizens will likely buy more cars, air conditioners, and electronic goods, leading to more electricity and gasoline use and perhaps greater carbon emissions.
But the policies China is enacting are designed to ultimately create a higher standard of living without more emissions. Since China has enormous low-lying cities that will be largely underwater in a century if climate change continues spinning out of control, the country has plenty of reason to curb its emissions and has shown that it is serious about doing it. That’s true whether Republican politicians in Washington choose to believe it or not.
– Ben Adler for Grist
For the entire article see: http://www.nakedcapitalism.com/2016/10/7-signs-that-china-is-serious-about-combating-climate-change.html