CAT: China's 14th Five Year Plan Is Underwhelming

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“It’s disappointing that China is placing such a large focus on continuing its reliance on coal - and oil and gas," says Climate Action Tracker (CAT).

Official Press Release CAT:

CAT comment on China's 14th Five Year Plan

There is no significant change in China’s narrative of dirty (coal) vs clean energy: the plan includes a high promotion of both.

China has re-committed to peaking CO2 emissions before 2030 and states there will be a plan to implement it. But the question is whether its continued focus on boosting coal (and oil and gas) is consistent with this goal. The CAT has analysed China’s draft Paris Agreement 2030 target, submitted last year, which the CAT rated “Highly Insufficient”. The final version is expected next month, but signals suggest there will not be any major revisions. That China will formulate... ... More: Official Press Release CAT

Climate Action Tracker, China, Five Year Plan, initiative, emissions, CO2, peak, reduction, coal, oil, gas, renewable energy, wind, solar, implementation

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