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Webinar - China, Japan and South Korea: Do carbon neutral goals mean the end of the world as we know it?

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03 December 2020

Webinar - China, Japan and South Korea: Do carbon neutral goals mean the end of the world as we know it?

Report summary

Global expectations for action on climate change in Asia have soared since China announced a 2060 carbon neutrality target on September 22 this year, which was followed by 2050 targets from South Korea and Japan in October. During a 30 November webinar, Wood Mackenzie experts discussed how these targets impact current outlooks for the energy and power sectors and the challenges that would need to be overcome to reach them. The discussion and presentation cover: - A carbon-neutral outlook for the energy and power mix in 2050-60 for China, Japan and South Korea, and how this differs from recent outlooks and the situation today - Analysis of the cost of renewable technologies in each country to 2050, competitiveness with fossil fuels, and how this will impact the energy transition - The challenges, technologies, policies and investments that would be needed to reach these ambitious carbon neutrality targets

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