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By Alicia García-Herrero and Simone Tagliapietra, both Senior Fellows at Bruegel. Originally published at Bruegel. As the world’s largest greenhouse-gas emitter, China will make or break the global quest for climate neutrality by the middle of the century – the only way to limit the global average temperature increase to 1.5°C. Consequently, President Xi’s announcement in September 2020 of China’s new objective to peak CO2 emissions before 2030 and achieve carbon neutrality by 2060 was broadly welcomed. But President Xi offered no detail on how China could turn this vision into reality, and an examination of China’s current plans shows clearly the goal will not be achieved without major changes. ....
Print this article Left-leaning environmental activists in California are suddenly pouring millions of dollars into an obscure entity known as Energy Foundation China. The foundation also happens to be registered in California. These donations that have been brought to light by Big Green, a project of the Institute for Energy Research, deserve more scrutiny. That is, especially now that the Biden administration is pushing renewable energy initiatives that benefit Chinese manufacturers. The foundation describes itself as a professional grant-making charitable organization that is dedicated to China’s sustainable energy development. Financially, the foundation packs a wallop providing financial support to 2,893 projects through 760 grantees in China, totaling more than $330 million as of 2019. In its latest update pulled from 2018 tax filings, Big Green finds that $14.25 million flowed from the William and Flora Hewlett Foundation based in Menlo Park, California, ....
The United States and China do not agree on much nowadays, but on climate change both countries are publicly pledging to do more to fight global warming. The problem will be working together on it. ....
Reviving trust: Assessing Climate Envoy John Kerry's visit to India, other countries newsindiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsindiatimes.com Daily Mail and Mail on Sunday newspapers.