The Fort Worth Press - In first, China unveils specific emissions targets

USD -
AED 3.672502
AFN 66.374624
ALL 82.891062
AMD 382.105484
ANG 1.790055
AOA 916.999807
ARS 1445.826396
AUD 1.509662
AWG 1.80125
AZN 1.695795
BAM 1.678236
BBD 2.018646
BDT 122.628476
BGN 1.677703
BHD 0.377014
BIF 2961.256275
BMD 1
BND 1.297979
BOB 6.925579
BRL 5.310804
BSD 1.002244
BTN 90.032049
BWP 13.315657
BYN 2.90153
BYR 19600
BZD 2.015729
CAD 1.394875
CDF 2230.000049
CHF 0.80302
CLF 0.023394
CLP 917.730085
CNY 7.07165
CNH 7.067097
COP 3796.99
CRC 491.421364
CUC 1
CUP 26.5
CVE 94.616395
CZK 20.76375
DJF 178.481789
DKK 6.40673
DOP 63.686561
DZD 129.897998
EGP 47.520501
ERN 15
ETB 156.280403
EUR 0.857898
FJD 2.261501
FKP 0.750125
GBP 0.749325
GEL 2.700162
GGP 0.750125
GHS 11.416779
GIP 0.750125
GMD 73.000063
GNF 8709.00892
GTQ 7.677291
GYD 209.68946
HKD 7.78475
HNL 26.389336
HRK 6.462901
HTG 131.282447
HUF 328.445496
IDR 16651.7
ILS 3.235525
IMP 0.750125
INR 89.888095
IQD 1312.956662
IRR 42124.999835
ISK 127.820348
JEP 0.750125
JMD 160.623651
JOD 0.708969
JPY 154.622993
KES 129.250164
KGS 87.45021
KHR 4014.227424
KMF 422.000349
KPW 899.992858
KRW 1470.020022
KWD 0.306802
KYD 0.83526
KZT 506.587952
LAK 21742.171042
LBP 89752.828464
LKR 309.374155
LRD 176.902912
LSL 17.013777
LTL 2.95274
LVL 0.60489
LYD 5.447985
MAD 9.247548
MDL 17.048443
MGA 4457.716053
MKD 52.892165
MMK 2099.902882
MNT 3550.784265
MOP 8.035628
MRU 39.710999
MUR 46.070267
MVR 15.409735
MWK 1737.95151
MXN 18.2142
MYR 4.114026
MZN 63.897023
NAD 17.013777
NGN 1450.250279
NIO 36.881624
NOK 10.095799
NPR 144.049872
NZD 1.732802
OMR 0.384503
PAB 1.002325
PEN 3.37046
PGK 4.251065
PHP 58.991026
PKR 283.139992
PLN 3.631841
PYG 6950.492756
QAR 3.663323
RON 4.367199
RSD 100.707975
RUB 76.00652
RWF 1458.303837
SAR 3.753008
SBD 8.223823
SCR 14.340982
SDG 601.504905
SEK 9.41351
SGD 1.29484
SHP 0.750259
SLE 22.999887
SLL 20969.498139
SOS 571.823287
SRD 38.643498
STD 20697.981008
STN 21.023817
SVC 8.769634
SYP 11056.894377
SZL 17.008825
THB 31.89005
TJS 9.210862
TMT 3.5
TND 2.941946
TOP 2.40776
TRY 42.517902
TTD 6.795179
TWD 31.297984
TZS 2449.999928
UAH 42.259148
UGX 3553.316915
UYU 39.265994
UZS 11939.350775
VES 248.585902
VND 26365
VUV 122.113889
WST 2.800321
XAF 562.862377
XAG 0.017154
XAU 0.000237
XCD 2.70255
XCG 1.806356
XDR 0.70002
XOF 562.867207
XPF 102.334841
YER 238.414547
ZAR 16.960985
ZMK 9001.19956
ZMW 23.026725
ZWL 321.999592
  • CMSC

    0.0400

    23.48

    +0.17%

  • RBGPF

    0.0000

    78.35

    0%

  • SCS

    -0.1200

    16.23

    -0.74%

  • BCC

    -2.3000

    74.26

    -3.1%

  • RELX

    0.3500

    40.54

    +0.86%

  • NGG

    -0.5800

    75.91

    -0.76%

  • RIO

    -0.5500

    73.73

    -0.75%

  • GSK

    -0.4000

    48.57

    -0.82%

  • JRI

    0.0500

    13.75

    +0.36%

  • BCE

    0.0400

    23.22

    +0.17%

  • AZN

    -0.8200

    90.03

    -0.91%

  • VOD

    0.0500

    12.64

    +0.4%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • BTI

    0.5300

    58.04

    +0.91%

  • BP

    -0.0100

    37.23

    -0.03%

  • CMSD

    -0.0300

    23.32

    -0.13%

In first, China unveils specific emissions targets
In first, China unveils specific emissions targets / Photo: © AFP

In first, China unveils specific emissions targets

China on Wednesday issued its first ever absolute targets for cutting planet-warming gases, a landmark pledge from the world's top polluter as the United States doubles down on fossil fuels and Europe falters.

Text size:

The announcement was delivered via video by President Xi Jinping to a UN climate summit where some 120 nations will outline plans to curb global warming, which is intensifying disasters worldwide from floods in Pakistan to raging wildfires in Spain.

Under the new plan, China will reduce economy-wide emissions by 7–10 percent by 2035 relative to the year of the country's peak emissions, believed to be 2025.

Observers said that while the absolute figure may seem modest, China has a record of under-promising while over-delivering, driven by its green technology boom.

It comes as the United States under President Donald Trump, who called climate change a "con job" at the UN a day earlier, boosts fossil fuels both at home and abroad.

"Green and low carbon transition is the trend of our time," said Xi in an official translation. "While some country is acting against it, the international community should stay focused in the right direction."

China, responsible for nearly 30 percent of global emissions, had previously pledged to peak its carbon output before 2030 and achieve carbon neutrality by 2060, without ever previously setting near-term numeric targets for total emissions reductions.

The new goal is backed by commitments to expand wind and solar six times over 2020 levels, drastically expand forests, and ramp up electric cars production.

Most wealthy nations, historically the biggest contributors to warming, peaked decades ago but still lack credible plans to reach carbon neutrality by 2050.

- Behind schedule -

"Beijing's commitment is a cautious step that favors steadiness and delivery over ambition" Li Shuo, an expert at the Asia Society think tank who is well-connected in Beijing, told AFP.

"The good news is that in a world increasingly driven by self-interest, China may be better positioned than most to advance climate action," he added.

The stated trajectory is similar to the path followed by the US and EU in the decade after their peak emissions but would fall well short of what is needed to limit warming to 1.5C above pre-industrial levels -- the target set by the 2015 Paris Agreement to avoid the worst climate catastrophes.

But by presenting a target well ahead of COP30, the year's main climate gathering in Belem, Brazil, China signals its ongoing commitment to the international process after the United States departed the Paris agreement for a second time.

Under the 2015 accord -- which nearly every country is part of -- nations freely set their own targets but must strengthen them every five years.

Most are behind schedule, notably the European Union, where several states fear moving too fast could hurt industry.

France, for example, faces shaky finances and political turmoil, and wants more clarity on investment frameworks before committing to deeper decarbonization.

But French President Emmanuel Macron used his turn at the podium to rebut Trump's broadside on climate change, telling fellow leaders the science is "clear enough."

- Catastrophe v hope -

The UN meanwhile is trying to strike a balance between warning of catastrophe and maintaining hope.

On one hand, UN Secretary-General Antonio Guterres told AFP last week that chances of limiting warming to 1.5C are on the verge of "collapsing," a view echoed by climatologists, with current temperatures already about 1.4C above pre-industrial levels.

But on Wednesday, he struck a more positive note, saying the landmark Paris climate accord "has made a difference," as he opened the summit.

"In the last 10 years, projected global temperature rise has dropped from four degrees Celsius to less than three," he said.

Part of that progress stems from China. A decade ago, three-quarters of its electric mix came from coal -- a figure now down to half. Its booming exports of solar panels, batteries, and electric cars are cutting emissions abroad as well.

L.Davila--TFWP