Pakistan pledges no new coal on Paris Agreement anniversary
NEW YORK — Chinese President Xi Jinping on Saturday announced new pledges as part of his country’s goal to peak carbon dioxide emissions by 2030, speaking at the United Nations Climate Ambition Summit where his U.S. counterpart was absent.
China, the world’s biggest emitter, would cut emissions per unit of GDP by 65% from 2005 levels and increase the share of non-fossil fuels in primary energy consumption to around 25% by 2030, Xi said at the virtual conference, which marks the fifth anniversary of the Paris Agreement’s adoption.
China would also increase forest stock volume by 6 million cubic meters from the 2005 level and bring total installed wind and solar power capacity to over 1.2 billion kilowatts by that time, he said. China’s total installed renewable power capacity, including hydrogen, wind, solar and biomass, was 730 million kilowatts at the end of 2018, its National Energy Administration said last year.
These new targets fall under Beijing’s broader commitment to achieving peak carbon emissions by 2030 along with a pledge to carbon neutrality by 2060, which Xi first announced in September.