China plans absolute CO2 cap from 2016

BEIJING, June 3 Tue Jun 3, 2014 12:19pm IST

BEIJING, June 3 (Reuters) - China, the world's biggest emitter of climate-changing greenhouse gases, will set an absolute cap on its CO2 emissions from 2016, a top government adviser said on Tuesday.

The target will be written into China's next five-year plan, which comes into force in 2016, He Jiankun, chairman of China's Advisory Committee on Climate Change, told a conference in Beijing.

"The government will use two ways to control CO2 emissions in the next five-year plan, by intensity and an absolute cap," he said.

The move will be the first time China puts absolute limits on its CO2 emissions, which have soared 50 percent since 2005.

He's statement comes the day after the United States, the world's second-biggest emitter, for the first time announced plans to rein in carbon emissions from its power sector, a move the Obama administration hopes can inject ambition into slow-moving international climate talks.

(Editing by Joseph Radford)

Diplomacy

Reuters Showcase

Microfinance

Microfinance

Funding the unfunded: India helps small business borrow to grow  Full Article 

China Economy

China Economy

China signals "new normal" with lower annual growth target  Full Article 

Insurance Bill

Insurance Bill

Opposition support bolsters prospects for insurance reforms  Full Article 

SBI Share Sale

SBI Share Sale

SBI's up to $2.4 billion share sale likely by end April - sources   Full Article 

Beef Ban

Beef Ban

After beef ban, Hindu groups force abattoirs to close   Full Article 

Monsoon Season

Monsoon Season

Exclusive - India expects better monsoon rains this year  Full Article 

'India's Daughter'

'India's Daughter'

Documentary on 2012 Delhi gang rape banned in India  Full Article 

Capex Slashed

Capex Slashed

Cairn India slashes 2015-16 capex on falling crude   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage