X
Edition:
India

  • Business
    • Business Home
    • Economy
    • Reuters Summits
    • Deals
    • Business Video
    • Company Results & Outlooks
    • Autos
  • Markets
    • Markets Home
    • Indices
    • Stock Quotes
    • India Markets
    • US Markets
    • Currencies
    • Commodities
    • Funds
  • India
    • Top News
    • India Insight
    • Monsoon
    • Top News Video
  • World
    • World Home
    • South Asia
    • Middle East
    • Special Reports
    • Reuters Investigates
    • World Video
  • Tech
    • Technology Home
    • Science
    • Tech Video
    • Innovation
  • Commentary
    • Commentary Home
    • Expert Zone
  • Breakingviews
    • Breakingviews Home
    • Breakingview Videos
  • Money
    • Money Home
    • Stock Screener
    • Fund Screener
  • Sport & Life
    • Sports
    • Lifestyle
    • Bollywood
    • Entertainment
    • Oddly Enough
    • Health
    • Arts
    • Lifestyle Video
  • Pictures
    • Pictures Home
    • The Wider Image
    • Photographers
    • Focus 360
  • Video
China's greenhouse gases could peak early, easing climate fears
  • Africa
    América Latina
  • عربي
    Argentina
  • Brasil
    Canada
  • 中国
    Deutschland
  • España
    France
  • India
    Italia
  • 日本
    México
  • РОССИЯ
    United Kingdom
  • United States
Global Energy News | Mon Jun 8, 2015 | 6:04pm IST

China's greenhouse gases could peak early, easing climate fears

A coal-burning power station can be seen behind migrant workers as they walk carrying their shovels on the construction site of a water canal, being built in a dried-up river bed located on the outskirts of Beijing October 22, 2010. REUTERS/David Gray
A coal-burning power station can be seen behind migrant workers as they walk carrying their shovels on the construction site of a water canal, being built in a dried-up river bed located on the outskirts of Beijing October 22, 2010. REUTERS/David Gray

OSLO/BEIJING China's greenhouse gas emissions could peak by 2025, five years earlier than indicated by Beijing, a development that could help limit the mounting risks of global warming, a study by the London School of Economics (LSE) showed on Monday.

The report, more optimistic about curbing the use of fossil fuels than a Chinese industry forecast on Monday, noted that China's "coal consumption fell in 2014, and fell further in the first quarter of 2015".

"China's greenhouse gas emissions are unlikely to peak as late as 2030 - the upper limit set by President Xi Jinping in November 2014 - and are much more likely to peak by 2025," the report said.

"They could peak even earlier than that," write the authors Fergus Green and Nicholas Stern, both from the LSE's Grantham Research Institute on Climate Change and the Environment and the Centre for Climate Change Economics and Policy.

China, the top emitter of greenhouse gases - that are linked to rising ocean levels, heat waves and downpours - said last year its emissions would peak "around 2030, with the intention to try to peak early".

Wang Zhixuan, secretary general of the China Electricity Council, predicted in a research report on Monday that China's emissions from the power sector would keep rising to 2030, spurred by lower prices of coal than natural gas.

The industrial association projected that coal-fired power capacity would rise next decade, to 1,450 gigawatts in 2030 from 1,100 in 2020.

The LSE authors estimated that China's overall emissions could peak at the equivalent of between 12.5 and 14 billion tonnes of carbon dioxide a year by 2025, up from about 10 billion around 2012.

That earlier-than-expected high point would help the world get on track for limiting warming to a maximum of two degrees Celsius (3.6 Fahrenheit) above pre-industrial times, they wrote, as long as China introduced sweeping reforms from cities to public transport.

Group of Seven leaders were meeting in Germany on Monday to discuss issues including climate change and how to achieve the 2C target, which many experts say is fast slipping out of reach.

And senior negotiators from almost 200 governments are meeting from June 1-11 in the German city of Bonn to work on a U.N. deal due in Paris in December to limit temperatures.

(Reporting By Alister Doyle in Oslo, Kathy Chen and David Stanway in Beijing; Editing by Andrew Heavens and Dominic Evans)

Next In Global Energy News

UPDATE 1-Police fire water cannon at Dakota pipeline protesters in freezing weather

(Adds additional comment from Standing Rock Sioux) By Chris Michaud and Stephanie Keith NEW YORK/CANNON BALL, N.D., Nov 21 Police fired tear gas and water at hundreds of protesters in the freezing North Dakota weather late Sunday and early Monday, in the latest violent clash over a pipeline project running through the state. An estimated 400 protesters mounted the Backwater Bridge just north of Cannon Ball, North Dakota, and attempted to force their way past police in

UPDATE 3-Energy Transfer MLPs Sunoco Logistics and ETP to combine

Nov 21 Pipeline companies Sunoco Logistics Partners LP and Energy Transfer Partners (ETP), both of which are controlled by general partner Energy Transfer Equity LP, said on Monday they would combine in a corporate consolidation to cut borrowing and operating costs.

CORRECTED-Police fire water cannon at Dakota pipeline protesters in freezing weather

NEW YORK/CANNON BALL, N.D., Nov 21 Police fired tear gas and water at hundreds of protesters in North Dakota opposed to an oil pipeline in freezing weather late Sunday and early Monday, in the latest violent clash between law enforcement and activists over the $3.7 billion project.

MORE FROM REUTERS

Sponsored Content

From Around the Web Promoted by Taboola

Trending Stories

    Top News

    Rail crash toll hits 146, survivor search called off

    Sponsored Topics

    X
    Follow Reuters:
    • Follow Us On Twitter
    • Follow Us On Facebook
    • RSS
    • Follow Us On LinkedIn
    Subscribe: Newsletters | Apps
    Reuters News Agency | Brand Attribution Guidelines

    Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products:

    Eikon
    Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface
    Elektron
    Everything you need to empower your workflow and enhance your enterprise data management
    World-Check
    Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks
    Westlaw
    Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology
    ONESOURCE
    The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs
    CHECKPOINT
    The industry leader for online information for tax, accounting and finance professionals

    All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.

    • Site Feedback
    • Corrections
    • Advertise With Us
    • Advertising Guidelines
    • AdChoices
    • Terms of Use
    • Privacy Policy