As new Chinese customs data reveals a 38.2% plunge in its coal imports up to May this year compared to last, a new study suggests that China’s emissions are likely to stabilisefar sooner than many experts had expected.
The study was authored by Australian Fergus Green and former World Bank chief economist Nicholas Stern, both at London School of Economics’ Grantham Institute. It finds that while the Chinese Government has so far only been willing to commit to halting the growth of emissions by 2030 before bringing them down, overall emissions will probably peak by 2025 and possibly sooner. They believe it is reasonable to expect that emissions at this time would peak at around 12.5 to 14 gigatonnes of CO2 equivalent; this compares to an estimate that emissions were roughly 12 to 13 gigatonnes in 2014.
from Stowe Boyd http://stoweboyd.com/post/121449782757
