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China 's climate goal: renewing its electricity grid Business and Economic News


One of the most pressing challenges for China to meet its commitment to cover carbon emissions and commit to renewable energy this decade is to upgrade its electricity grid, according to some of the world’s largest officials, officials and analysts.
Researchers say the biggest emissions by 2030 would become carbon neutral by 2030 and 2060, according to a forecast made by Beijing last year.
Analysts say it is easy to build new solar plants and wind farms. Upgrading a system that transmits green energy to remote consumers can be five times more expensive and will depend on rapid technological advancement.
“When we talk about challenges, most people focus on the electricity grid,” said Chunping Xie, an expert on China’s climate change and energy policies at the London School of Economics and Political Science. “It’s the first step in this long journey.” ....

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Communist China: World's Biggest Climate Polluter Keeps Polluting


If China were serious about reducing emissions, that intent would have been evident from its new five-year plan for the years 2021-2025, released in March. This plan, however, has been described as containing little more than vague commitments to tackle carbon dioxide emissions.
As the
Wall Street Journal wrote in an editorial in February, initiatives like this explain why Beijing loves Biden and Paris . They allow China, in the words of the editorial, to get a free carbon ride meaning unfettered economic growth at a time when China is looking to become the world s dominant economic and technological power. ....

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