China could lead the world to net zero
- Admin
- Jul 4, 2024
- 1 min read
China is transitioning in its energy profile by being the largest consumer of coal globally while leading in renewable energy capacity installation. The country aims to shift to non-fossil fuel sources for power generation and achieve energy independence through energy conservation and domestic capability. China's energy usage is expected to peak in 2030 and decline by 20% by 2050 with a focus on electrification and efficiency initiatives. Solar and wind energy are projected to significantly increase by 2050, reducing carbon emissions and aiming for carbon neutrality by 2060.
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