China’s coal addiction: effects on global climate policy and national carbon market
China’s continuing dependence on the dirtiest fossil fuel, which other countries are phasing out, is a major reason recent global climate summits have made little progress when it comes to CO2 mitigation. The country’s emission trading system (ETS), which covers coal-fired power plants, is not yet helping because its intensity-based cap is too generous.
Introduction Emitting over 12 billion tonnes of carbon dioxide equivalent per year, China accounts for more than one-fourth of the world’s annual greenhouse gas output. This makes it one of the most important players in the annual global climate negotiati...
Unlock exclusive content
Request a demo to access premium articles and platform features
Gain access to a wealth of premium articles and unlock multiple other features of our platform by requesting a demo today.