Business
China just stunned the world with its step-up on climate action – and the implications for Australia may be huge – The Conversation AU
It remains to be seen whether China’s climate promise is genuine. But it puts pressure on many other nations – not least Australia – to follow.
Chinas President Xi Jinping surprised the global community recently by committing his country to net-zero emissions by 2060. Prior to this announcement, the prospect of becoming carbon neutral barely rated a mention in Chinas national policies.
China currently accounts for about 28% of global carbon emissions double the US contribution and three times the European Unions. Meeting the pledge will demand a deep transition of not just Chinas energy system, but its entire economy.
Importantly, C…
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