China is on the brink of a historic turning point in the fight against climate change, with a massive rollout of wind and solar power potentially leading to a peak in the country’s emissions in 2023. This significant development comes after China’s CO2 emissions reached an all-time high in 2023, fueled by an economic rebound following the impacts of the covid-19 pandemic. However, the subsequent addition of substantial amounts of wind and solar power to the nation’s electricity grid, coupled with a decrease in emissions from the construction industry, have helped stabilize carbon emissions.
An analysis conducted recently suggests that China’s carbon emissions remained steady from July to September 2024, following a 1% decline in the second quarter of the year. This trend indicates that 2024 emissions may remain unchanged from 2023 levels or potentially decrease slightly. If this trend continues, it could have a significant impact on global climate efforts. Lauri Myllyvirta, an expert at the Centre for Research on Energy and Clean Air in Finland, highlights the importance of China peaking its emissions as early as possible, as it would allow the country to accelerate its emission reduction efforts beyond its current commitments.
China has been rapidly expanding its electricity supply to meet the growing demand for power driven by rising living standards and increased cooling needs during heatwaves. The country has seen a substantial increase in solar and wind power generation, with solar capacity rising by 44% and wind capacity by 24% compared to the same period in 2023. Despite this progress, coal-fired power usage has increased by 2%, leading to a 3% rise in CO2 emissions from the power sector. However, the slowdown in construction activities and a decrease in oil demand, attributed to the growing adoption of electric vehicles, have helped offset some of these emissions.
While the rapid growth in clean energy is promising, Myllyvirta cautions that a plateau or decline in emissions in 2024 is not guaranteed. Government stimulus measures aimed at reviving the economy could potentially lead to an increase in emissions in the final months of the year. Signals from the Chinese government suggest that they anticipate emissions to continue rising until the end of the decade, which could surpass the remaining global carbon budget for limiting global warming to 1.5°C.
Overall, China’s efforts to ramp up renewable energy capacity and reduce emissions are commendable, but continued commitment and ambitious targets are essential to combat climate change effectively. By staying on course with clean energy growth and implementing stringent emission reduction measures, China can play a pivotal role in the global fight against climate change.