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[Carbon] Oct 24, 2021- The State of Council Releases the Action Plan for Carbon Emissions Peak Before 2030
Uploading Date: 2021-11-19 17:37:49



On October 24, 2021, the State of Council (SOC) released Action Plan for Carbon Emissions Peak Before 2030.
 
Key messages are as follow:

  • The      action for green and low-carbon energy transition:  by 2030, total      installed generation capacity of wind and solar power will reach above      1200 gigawatts; actively promote  "new energy + energy storage”      model.
  • The      action for peaking carbon dioxide emissions in industry sector: promote      carbon emission peak in the four major industries of non-ferrous metal      industry, steel industry, building materials industry, and petrochemical      industries.
  • The      action for peaking carbon dioxide emissions in urban-rural development      area: construct buildings integrating photovoltaic power generation,      energy storage, DC power distribution, and flexible power consumption; By      2025, renewable resources pf residential buildings will account for 8% of      the alternative to conventional energy used in buildings, and strive to      reach 50% photovoltaic coverage on the roofs of newly constructed public      buildings and factories.
  • Policy      guarantees include: improve standards on environmentally friendly and      low-carbon development of industries; lay out standards for calculating,      reporting, and verifying the carbon emissions from major enterprises, and      explore ways to set life cycle carbon footprint standards for major      products; make systematic efforts to build markets for trading carbon      emission rights, energy-use rights and electricity.


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