China's record carbon emissions expected to peak due to clean energy push, report says | CNN Business

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China’s carbon emissions will likely hit a new record in 2023 on the back of an economic rebound, but a rapid expansion in green energy will enable its emissions to peak soon, according to a global energy think tank

China’s carbon emissions will likely hit a new record in 2023 on the back of an economic rebound, but a rapid expansion in green energy will enable its emissions to peak soon, a global energy think tank said on Friday.

The country has ramped up coal production since last summer when the worst heatwave and drought in decades hit hydroelectricity, the country’s second biggest source of power. Coal production surged 11% in 2022 from 2021, according to the National Bureau of Statistics. To boost coal imports, China scrapped its restrictions on Australian coal earlier this year, effectively ending an unofficial ban that lasted for more than two years.

 

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