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September 11, 2014

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Reform policy pays off as emissions tumble

CHINA’S carbon emissions in the first half of 2014 saw their largest drop in years as the government continued with its structural readjustments to improve growth quality, Premier Li Keqiang said yesterday.

The nation’s carbon intensity in the six months through June fell by about 5 percent, Li said in an address to the Summer Davos forum — also known as the Annual Meeting of the New Champions 2014 — in Tianjin, north China.

Meanwhile, energy consumption per unit of gross domestic product in the period dropped 4.2 percent year on year, the premier said.

“In the first half of the year, the growth of investment and production of industries with high energy consumption and emissions slowed down noticeably,” Li said.

Through reform and innovation, the country has moved to reduce overcapacity and foster new growth areas. China has been promoting business mergers and reorganization while redoubling efforts to conserve energy and cut emissions, he said.

The nation has consumed less coal, electricity and oil, and eased the pressure on transport capacity in achieving the same economic growth, he said.

Tackling climate change is not only China’s binding international obligation as a major responsible country, but also a pressing need for its own development, he said.

“There is no turning back in China’s commitment to a sound eco-system. We have declared war on pollution and earnestly fulfilled our international responsibilities,” he said.

The government is studying action targets for the control of greenhouse gas emissions, including a peak for carbon dioxide emissions, reducing carbon emission intensity and increasing the share of non-fossil energy by 2030 and beyond.

It is both resolved to and capable of pursuing green, circular and low-carbon development, Li said.

China will continue to focus on scientific and technological innovation, step up environmental management, and boost the development of the energy conservation and environment protection sectors.

Meanwhile, it will also work with other countries to tackle global climate change, he said.

The government has pledged a 40-45 percent reduction of carbon dioxide intensity by 2020, from 2005 levels, and is committed to making every effort to achieve that target.

As of the end of last year, carbon dioxide emissions per unit of gross domestic product had dropped by more than 28 percent, or 2.5 billion tons, according to figures from the National Development and Reform Commission, the country’s key economic planning body.




 

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