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China's coal phase-out has so far been little more than lip service. The country builds and plans a large number of fossil-fuel power plants and invests in corresponding projects worldwide. Even worse, foreign investors continue to pour money into China's coal industry projects. German financial firms are among them.
By Redaktion Table
Xi Jinping will attend Joe Biden's climate summit starting today. China wants to become climate neutral by 2060, but its climate record so far is very contradictory. While Beijing is investing heavily in renewable energy, it is also spending heavily on heavy industry. At the climate summit, Xi is expected to commit to a more ambitious climate strategy.
By Christiane Kuehl
Hydrogen engines have the potential to turn the car industry around in times of climate change. China initially wants to establish the technology primarily in commercial vehicles, trucks, and buses because the tanks can be better accommodated in large vehicles. China is already the world's largest producer of hydrogen, with an annual production of 20 million tons. Much of this is not yet green hydrogen.
By Frank Sieren
Renewable energies are an integral part of China's policy. The current, 14th Five-Year Plan primarily promotes the technological areas of energy and materials and focuses on the development of alternative energy sources. In contrast to the previous five-year plan, the focus is no longer on achieving global technological leadership in renewable energy technologies, but rather on expanding the infrastructure and strengthening the economic and secure energy supply. In the 14th Five-Year Plan, the Chinese Ministry of Energy (NEA) has given concrete figures for renewable energy. Thus, the total installed capacity of wind power and solar is to reach 1200 GW by 2030. As early as 2020, China's energy system experienced record renewable energy growth despite the coronavirus crisis. By 2025, the final 16.5 percent should be reached. From Production & Development to China's Roadmap to Carbon Neutrality to Coal Turnaround - China Renewable Energy News from the Table.Media Editorial Team!