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China’s carbon neutral goal could cost over US$5 trillion

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[unable to retrieve full-text content]China’s goal of reaching carbon neutrality by 2060 would require investments of more than US trillion, which would include renewable power generation capacity, consultancy firm Wood Mackenzie said on Thursday.President Xi Jinping said at the United Nations General Assembly in September that China would achieve carbon neutrality before 2060, the first time the world’s biggest emitter of carbon dioxide has committed to ending its net contribution to climate change.If delivered, the pledge would…

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[unable to retrieve full-text content]
China’s goal of reaching carbon neutrality by 2060 would require investments of more than US$5 trillion, which would include renewable power generation capacity, consultancy firm Wood Mackenzie said on Thursday.President Xi Jinping said at the United Nations General Assembly in September that China would achieve carbon neutrality before 2060, the first time the world’s biggest emitter of carbon dioxide has committed to ending its net contribution to climate change.If delivered, the pledge would…
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