China throws down the gauntlet with progressive plan to carbon neutrality
When you talk to people about progress on climate change, how often do you hear “well our emissions are nothing compared to China and until they take it seriously, why should we?”. Well, China just unveiled what Bloomberg Green is calling “the most ambitious climate goal the world’s ever seen” with solar capacity growing by 587%, nuclear by 382%, wind by 346%, bioenergy by 100%, and hydropower by 50% by 2060. Coal consumption falls by 96%, gas by 75%, and oil by 65%. The plan was released this week at Tsinghua University in Beijing by the government-affiliated Institute of Energy, Environment and Economy. The proposed “blueprint” would see the country invest $15 Trillion (yes, that’s a T) USD over the next 30 years leading to new jobs, new industry and new hope for the global climate movement. Read the full article here.