China aims to reduce CO2 emissions in key sectors by 1% from 2023 levels, according to World News.

China Unveils Plan to Cut CO2 Emissions in Key Sectors

China has announced a comprehensive plan to reduce carbon dioxide emissions in key industries by approximately 1% of the 2023 national total. The plan, released by the government on Wednesday, aims to achieve this reduction through efficiency gains in sectors such as steel production and transportation.

As the world’s largest energy consumer and greenhouse gas emitter, China is also targeting more energy-efficient economic growth. President Xi Jinping’s push for “new productive forces” aligns with the government’s goal of reducing energy consumption by 2.5% for every unit of GDP growth in 2024.

The plan includes specific changes in industries like building materials and petrochemicals to meet these targets. While China missed its energy intensity goal last year, the government is committed to cutting emissions and energy consumption despite the challenges of boosting economic growth and living standards.

Experts believe that China’s CO2 emissions may have peaked in 2023, reflecting a shift towards renewable energy sources like wind and solar power. The plan also sets a target for non-fossil energy sources to account for 20% of China’s total energy use by 2025.

To achieve these goals, China will strictly control coal consumption, reasonably control petroleum consumption, and promote the use of biofuel and sustainable aviation fuel. The plan also includes measures to increase renewable power generation, develop energy storage capacity, and support the adoption of new energy vehicles.

Overall, China’s ambitious plan signals a significant commitment to reducing carbon emissions and transitioning towards a more sustainable energy future.