To have a chance of combating climate change, the world needs President Xi Jinping’s administration to find a way to decarbonise China’s economy. The country, with 1.4bn people and a massive industrial economy still highly dependent on coal, is the world’s biggest polluter — accounting for nearly one-third of global carbon emissions.
“The train has left the station,” Zhang says. “There is fierce competition within new energy vehicles, batteries, wind and the solar PV market. These industries are unstoppable.” Experts say a crucial dilemma for Xi and his policymakers in Beijing centres on the economic and social risks created if, during this transition to renewables, China suffers more power shortages and blackouts.
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