China Promotes Coal to Boost Economy, a Setback for Cutting Emissions

Österreich Nachrichten Nachrichten

China Promotes Coal to Boost Economy, a Setback for Cutting Emissions
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 NBCLA
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 59%

China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings that Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source

The ruling party also is building power plants to inject money into the economy and revive growth that sank to 4% over a year earlier in the final quarter of 2021, down from the full year's 8.1% expansion.

The Communist Party has rejected binding emissions commitments, citing its economic development needs. Beijing has avoided joining governments that promised to phase out the use of coal-fired power. Per person, China’s 1.4 billion people on average emit the equivalent of 8.4 tons of carbon dioxide annually, according to WRI. That is less than half the U.S. average of 17.7 tons but more than the European Union’s 7.5 tons.

Promoting coal will make emissions “much higher than they need to be” by the 2030 peak year, said Perry.Beijing has spent tens of billions of dollars on building solar and wind farms to reduce reliance on imported oil and gas and clean up its smog-choked cities. China accounted for about half of global investment in wind and solar in 2020.Beijing is cutting millions of jobs to shrink its bloated, state-owned coal mining industry, but output and consumption still are rising.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

NBCLA /  🏆 319. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

China promotes coal in setback for global efforts to cut emissionsChina promotes coal in setback for global efforts to cut emissionsOfficial plans call for boosting coal production capacity by 300 million tons this year, according to news reports. That is equal to 7% of last year’s output...
Weiterlesen »

China promotes coal in setback for efforts to cut emissionsChina promotes coal in setback for efforts to cut emissionsChina is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings that Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source.
Weiterlesen »

WTI pressured on worrisome covid spread in ChinaWTI pressured on worrisome covid spread in ChinaUS oil is under pressure and down by some 2.5% creating a fresh low on the verge of breaking 99 the figure in West Texas Intermediate (WTI). Oil is sl
Weiterlesen »

Foxconn unit sees limited impact from suspended China plantFoxconn unit sees limited impact from suspended China plantOperations at a unit of Taiwan-based Apple Inc supplier Foxconn in China's Kunshan city remain suspended because of COVID-19 controls but there is limited impact as it has shifted production elsewhere, it said on Monday.
Weiterlesen »

Trade Is Surging Between China And RussiaTrade Is Surging Between China And RussiaEven before the sanctions went into effect, trade between Russia and China had shown impressive growth
Weiterlesen »

Congress returning to brawl over COVID aid, China competition billCongress returning to brawl over COVID aid, China competition bill“The next five weeks likely represent the final air pocket for unified Democratic government to build momentum on Biden’s stalled fiscal agenda.' U.S. lawmakers return to Washington next week:
Weiterlesen »



Render Time: 2025-03-31 16:54:20