2021-10-24

China Goes Nuclear

If this plan was actually implemented in the short-term, China's economy would immediately enter recession. That isn't going to happen. They've wisely pushed the date so far out that their buildout of nuclear power will hit their goals fro them.

iFeng: 中共中央、国务院:严控煤电、钢铁、电解铝、水泥等高碳项目投资

Business Standard: China targets more than 80% non-fossil energy use by 2060

China aims to have non-fossil energy consumption exceed 80% of its total mix by 2060, when the world’s second-biggest economy plans to be carbon neutral, according to guidelines published by the official Xinhua News Agency.

The measures are part of China’s larger plan for achieving peak carbon emissions and reaching net-zero by 2060, Xinhua said on Sunday. It reiterated the government’s climate goals for 2025 and 2030 and vowed to accelerate a decline in China’s coal use.

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