China’s surprise pledge to reach “carbon neutrality” before 2060 could cut global warming this century by 0.25C and raise the country’s GDP, our new analysis shows.

The huge scale of investments required to do Net Zero CO2 Emissions would raise China’s GDP by as much as 5% later this decade, with a modest ongoing positive impact due to reduced fossil-fuel imports.

China’s investments would not only drive dramatic reductions in its own CO2 emissions, but would also lower the cost of clean energy, creating a positive “spillover” effect in other countries.

  • Darkmatter2k [none/use name]
    ·
    4 years ago

    As long as the US continues doing nothing, and Europe continues the half hearth greenwashing it's currently doing, it's kinda limited what China can do to solve this issue. We still produce 2x-4x as many emissions pr capita. This is a global issue and will not be solved by any one individual country.

    The fact that China can commit to going CO2 neutral and still be the production center of the world, should tell you that all the excuses you've heard from western politicians over the last 3+ decades are complete bullshit.