Insight
What would it take for China to reach carbon neutrality by 2060?
Report summary
Achieving carbon neutrality means offsetting any CO2 emissions produced in the economy. A colossal task for a country using 90% hydrocarbon in its energy mix and annually producing more than 10 billion tonnes of CO2-e, 28% of world total. Wood Mackenzie’s Accelerated Energy Transition scenario (AET-2) shows that China is on a pathway to become carbon neutral by 2060. The analysis envisages complete transformation of how energy is produced and delivered in China by deploying cutting-edge technologies and with strong policy support. Read this insight to find out: - Electrification of energy supply and the share of renewables in power output - China’s emissions trajectory to 2050 and the role of carbon removal projects - Impact on demand for hydrocarbons
Table of contents
- Electrification of energy supply reaches 76% by 2050 from 27% in 2020
- Age of infrastructure and scale of emissions are a challenge to decarbonise transport and industry
- World’s largest emitter makes the maximum effort and contributes 38% reduction in global emissions
- Conclusion
Tables and charts
This report includes 2 images and tables including:
- China key metrics summary
- Emissions reduction by market in the AET-2 scenario
What's included
This report contains:
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