The West will tank their economies for fear of Global Warming, while China and India (the biggest polluters) do nothing. Brilliant.
BEIJING — China has ambitious goals for cutting its carbon emissions, but it won’t be abandoning coal power anytime soon as it keeps its eye firmly on economic targets.
President Xi Jinping said in September that the country’s carbon emissions would begin to decline by 2030, and he said the country will reach carbon neutrality by 2060 — in four decades.
In the meantime, policymakers are making clear that economic growth remains a top priority — and that growth depends largely on coal power. Beijing has a GDP target of 6% this year, a level which analysts say would allow authorities to tackle long-term problems such as the country’s high debt levels.
Many developing countries don’t even have electricity. In this situation, if you don’t use coal, what will you use?Li GaoCHINA ECOLOGY MINISTRY, ON CHINESE FUNDING OF COAL POWER OUTSIDE CHINA
“China’s energy structure is dominated by coal power. This is an objective reality,” said Su Wei, deputy secretary-general of the National Development and Reform Commission. CNBC translated his Mandarin-language comments, which he made late last week following Xi’s separate remarks at a U.S.-led global leaders climate summit.
“Because renewable energy (sources such as) wind and solar power are intermittent and unstable, we must rely on a stable power source,” Su said. “We have no other choice. For a period of time, we may need to use coal power as a point of flexible adjustment.”
He added that coal is readily available, while renewable energy needs to develop further in China.