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China has set a long-term carbon neutrality goal for 2060. But much of its current energy policy relies upon continuing domestic consumption of emissions-intensive coal-fired power. Recently, China has committed to strictly control new coal power projects and coal consumption over the 14th Five-Year Plan (2021-2025) period, to start coal phasedown during the 15th Five-Year Plan (2026-2030), and to make its best efforts to accelerate this work.
How could China accomplish this feat? New analysis from the Center for Global Sustainability (CGS) and the California-China Climate Institute (CCCI) provides a strategy and methodology for China to begin its coal phase-down in this critical decade. Through targeted retirement of a small set of poorly performing or otherwise undesirable plants, China can meet existing policy priorities, maximize socio-economic and environmental benefits, and balance retirements over time and space. The analysis will be released on Monday, March 7, 2022.
Policy experts & speakers include: