Will China’s new energy law finally reduce its coal emissions?

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Eco-Business 2d ago

Will China’s new energy law finally reduce its coal emissions? - Eco-Business

Quick Summary:

As the planet’s number one emitter, there are hopes that renewed policies and reporting guidelines will pave the way for China to realise its 2030 carbon neutrality ambitions.

As China approaches its 2030 carbon neutrality deadline, experts will also be closely watching how listed companies in China issue their sustainability reports following new guidelines, which were issued by the country’s three major stock exchanges (Shanghai, Shenzhen and Beijing) on 1 May 2024.

Coal-powered electricity is indeed expected to rise 4.5 per cent in 2025.“Coal represents an important aspect of energy security for China even though it is going great guns to deploy renewable energy.