China’s long-awaited national emissions trading system (ETS) launched last week, following prolonged anticipation. The effort was first announced in 2011, during the 12th Five-Year Planning process, as part of a broader strategy for enhancing green development.
The Intergovernmental Panel on Climate Change has made it clear that global net carbon dioxide emissions need to be reduced to zero by mid-century to potentially limit global temperature rise to 1.5°Celsius (C), and stave off the worst impacts of climate change.
Californian and Chinese urban areas have long faced significant local air pollution issues, posing challenges to public health. Large cities in both regions face local air quality concerns and thermal inversions which further compound the problem (for example, in Los Angeles and Beijing).
After months of growing geopolitical tensions, the US and China have finally found something to agree on: the need to confront the climate crisis. In fact, two days of meetings last week in Shanghai between US Special Presidential Envoy for Climate John Kerry and his counterpart, Special Climate Envoy Xie Zhenhua have culminated in the release of a joint statement.
Every five years China releases its blueprint for social and economic development and gives the world a preview of what’s to come. This year, on the heels of President Xi Jinping’s commitment to make China carbon neutral by 2060 and with the UN’s Conference of the Parties (COP 26) quickly approaching, expectations were particularly high.
On September 22, at the United Nations General Assembly, China’s President Xi Jinping announced that China would achieve “carbon neutrality before 2060” and
Carbon pollution exacts a tremendous cost on our economy, environment and health. One key action we can take to reduce these damaging emissions is to put a price on carbon.
As the COVID-19 pandemic continues to sweep across the globe, now is the time for us to reflect not only on our shared vulnerability, but also on what's possible through collective action.