China News Service, Beijing, July 24 (Reporter Wang Enbo) China’s special envoy for climate change affairs Xie Zhenhua revealed in Beijing on the 24th that China is formulating a timetable and roadmap for carbon peaking and carbon neutrality, and related top-level design policies will be released one after another.

  China has announced that its carbon dioxide emissions will reach its peak before 2030 and strive to achieve carbon neutrality by 2060.

Xie Zhenhua said at the 2021 Beijing Summit of the Global Wealth Management Forum held that day that the EU will take about 60 years from carbon peaking to carbon neutrality, the United States will take about 45 years, and China will strive to achieve this process in about 30 years.

As a developing country, China needs to make arduous efforts, "We are confident that 100% of the announced goals will be implemented."

  Xie Zhenhua said that China has established a carbon peak and carbon neutral work leadership group, is formulating a timetable and roadmap for carbon peaking and carbon neutrality, and will launch a "1+N" policy system.

As a top-level design, it involves policies and measures for carbon peaking and carbon neutrality across the country and in various places, fields, and industries. The main purpose is to adopt a series of policy measures in various major fields to accelerate transformation and innovation.

  He revealed that relevant policies include optimizing the energy structure, controlling and reducing fossil energy such as coal.

During the "14th Five-Year Plan" period, China must strictly control the growth of coal consumption and gradually reduce it during the "15th Five-Year Plan" period; develop nuclear power safely and efficiently, develop hydropower according to local conditions, and vigorously develop wind power, solar energy, biomass energy, ocean energy, geothermal energy, etc. , Which has announced that China's wind power photovoltaic installed capacity will exceed 1.2 billion kilowatts in 2030.

  China will also promote green and low-carbon technological innovation.

Research and develop renewable energy, smart grid, energy storage, green hydrogen energy, electric and hydrogen fuel vehicles, carbon capture and storage, and resource recycling technologies, etc. Low cost, high benefit, obvious emission reduction effect, safety and reliability, and promotion Prospects for low-carbon, zero-carbon and negative-carbon technologies.

  Xie Zhenhua also pointed out that China will establish a perfect carbon market and carbon pricing mechanism to achieve the society's emission reduction targets at the lowest possible cost.

On the basis of the existing pilot projects, China has launched a national carbon market transaction in the power industry, and will gradually expand the market coverage and enrich the types of transactions and trading methods in the future.

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