China abondons construction of new coal-fired power plants abroad

Chinese President Xi Jinping, speaking at the general political debate of the 76th session of the UN General Assembly, said that China would not participate in projects for the construction of new coal-fired power plants abroad to reduce greenhouse gas emissions in the fight against the climate crisis, the Green Deal portal reports.

China will strengthen support for other developing countries to develop green economies and low-carbon energy and will not build new coal-fired power plants abroad, he said.

He also noted that the PRC will "strive" to reach a peak in CO2 emissions by 2030, and by 2060 to achieve carbon neutrality.

“This will require a lot of work, and we will do everything necessary to achieve these goals,” the head of state summed up.

As reported, the Chinese project "One Belt, One Road" for the first time since 2013 did not provide for investments in coal projects (mining and generation) in the first half of 2021.

According to Global Carbon Altas, China accounts for almost 28% of CO2 emissions, the US 14.5%, India 7.2%, and Russia 4.6%. EC countries are responsible for 8% of global CO2 emissions.

As reported, the European Union reduced coal consumption by 1/3 in two years.

Tags: coal mining, coal, Asia, TPP, electricity market, investments, ecology, decarbonisation, infrastructure, carbon neutrality, China

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