The UK has announced an ambitious target to achieve a net zero carbon economy by 2050. It is widely acknowledged both within the UK government and industry more broadly that hydrogen will play a key role in achieving this target. The potential role of hydrogen in the transport and heating sector is seen as particularly
climate change financing
China’s Road to Carbon Neutrality
By Hallam Chow & Tim L. Y. Liu on
Posted in Energy Transition
On September 22, 2020, Chinese President Xi Jinping announced in his speech to the UN General Assembly that China’s carbon emission would peak before 2030 and the country would become carbon neutral in 2060.
- As the world’s second largest economy, China produces about 28% of the world’s emissions, with coal remaining its primary