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China expected to favour green tech over coal in new five-year plan


China expected to favour green tech over coal in new five-year plan
China is today the world’s largest emitter of planet-heating gases, responsible for about 28 per cent of total global emissions.
Laurie Goering
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London | China, which long targeted rapid industrial growth despite its environmental consequences, now aims to become the global leader in “low-carbon tech for a carbon-constrained world” as it unveils its new five-year plan on Friday, China analysts say.
That shift is likely to include an accelerated pullback from its role as a major financier of new coal-fired power plants at home and abroad, Isabel Hilton, founder of China Dialogue, a non-profit news organisation, told an online event this week. ....

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China expected to favor green tech over coal in new five-year plan


Mar 2, 2021
LONDON – China, which long targeted rapid industrial growth despite its environmental consequences, now aims to become the global leader in “low-carbon tech for a carbon-constrained world” as it unveils its new five-year plan this week, analysts say.
That shift is likely to include an accelerated pullback from its role as a major financier of new coal-fired power plants at home and abroad, Isabel Hilton, founder of China Dialogue, a nonprofit news organization, told an online event on Monday.
China is today the world’s largest emitter of planet-heating gases, responsible for about 28% of total global emissions.
Its 2021-2025 economic and social development plan is expected to reinforce a strong signal to Chinese industry to move away from fossil fuels and is likely to mean national emissions start falling within five years, predicted Li Shuo, a senior policy adviser for Greenpeace East Asia. ....

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