China must ‘leap over Oil Age’ to meet climate challenge
(Eco Business, 13 Feb 2020) With stronger policies, China could peak its oil consumption in 2025, report finds
The major emitters of greenhouse gases are critical to getting the world on track to manage global warming. In 2014, China announced its carbon emissions would peak around 2030. Despite rising slightly in 2017 and 2018, the country’s coal consumption has fallen overall since then.
But what of oil? What are the prospects of the world’s second largest consumer and biggest importer peaking its consumption?
A two-year study led by the National Resources Defense Council (NRDC), an environmental non-profit, has concluded that China must “leap over the oil age” to meet its various targets – to ensure energy security, protect the environment and public health, and meet the climate challenge.