China Can Be Rich, Climate Neutral by 2050, Group Says
- Nation could triple per-capita economic growth, ETC says
- Final energy demand would need to fall by 27% in period
Solar panels at a solar farm operated by China Energy Conservation and Environmental Protection Group in Zhejiang province.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China can become a fully developed economy that doesn’t produce any carbon emissions by mid-century.
The nation’s high savings and investment rate allow for the spending required to meet the twin goals, according to a report by The Energy Transitions Commission, a global coalition of executives from across the energy landscape committed to the Paris climate agreement.