cover image: China’s prospect to peak its CO2 emissions around 2030 - Indicator from IEEJ/IEA Energy Outlook -

China’s prospect to peak its CO2 emissions around 2030 - Indicator from IEEJ/IEA Energy Outlook -

12 Feb 2015

With regard to future economic growth in China, both the IEEJ and IEA project rates around 7% to be maintained to 2020, and a decline to the 5% level in the 2020s, and 3-4% in the 2030s. [...] 2 IEA provides forecasts in the Current Policies Scenario assuming the maintenance of current policies, as well as the New Policies Scenario (it demonstrates a scenario where all the recent pledges and plans related to global warming, including those that have not officially been adopted, are being enforced) and the 450 Scenario (a projection to stabilize the concentration of greenhouse gases in t. [...] This Scenario also speculates on the attainment of additional enhancements in energy efficiency standards for the industry, transport, and buildings, the promotion of alternative fuel automobiles, abolition of fossil fuel subsidies, reform of the energy pricing system, CO2 emission pricing after 2020, and further expansions in non-fossil fuel use. [...] The IEEJ’s Advanced Technology Scenario is based on the premise of implementing ideal degrees of advancement and the diffusion of related energy technologies in both the demand and supply sides. [...] As the development with respect to heavy industrialization in China appears to have settled in the past few years, it is anticipated to show a constant decline in the energy intensity as the economy advances.

Authors

Lu Zheng

Pages
7
Published in
Japan

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