China, the world’s biggest polluter, has committed to reach net zero emissions by 2060, an ambitious goal matched by enormous investments that are reshaping the nation’s energy system.
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Francisco Gimeno - BC Analyst China has passed from being a developing country to a developed nation in few decades. Their last big Plan for China has long term goals for everything and everybody. They are investing in themselves and their future generations, even when the State is an authoritarian regime involved in citizen control and social credit. Their energy plans are not different, it's a very ambitious plan, criticised by some, lauded by others. Let's not forget that they have a huge population, a big territory, and they produce huge amounts of products for global trade. The change to cleaner energy while yet feeding the population and the Chinese industrial needs is big. The 4th IR, with its technologies like AI etc will help too.