🇨🇳China’s Energy Dominance Gets a Boost From Trump
Bloomberg reports that Beijing has the perfect opportunity to present itself as the clean alternative.
📉 The most consequential effects of a second Trump administration may well be seen not in the US, but in China. That’s simply a matter of scale. China is responsible for nearly a third of the world’s carbon footprint, about 2.5 times the US figure. As a result, a 20% reduction in its greenhouse pollution would have the same effect as cutting US emissions in half.
📝The coming months will be crucial in deciding which path China will take. By the end of February, China has to issue its Nationally Determined Contribution, or NDC, a plan for emissions reductions over the coming decade, part of its commitments under the 2015 Paris climate agreement.
📊The risk for the US is that China can see how doubling down on its green push will enhance its wealth and global status, and diminish that of its rival.
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© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
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Bloomberg reports that Beijing has the perfect opportunity to present itself as the clean alternative.
📉 The most consequential effects of a second Trump administration may well be seen not in the US, but in China. That’s simply a matter of scale. China is responsible for nearly a third of the world’s carbon footprint, about 2.5 times the US figure. As a result, a 20% reduction in its greenhouse pollution would have the same effect as cutting US emissions in half.
📝The coming months will be crucial in deciding which path China will take. By the end of February, China has to issue its Nationally Determined Contribution, or NDC, a plan for emissions reductions over the coming decade, part of its commitments under the 2015 Paris climate agreement.
📊The risk for the US is that China can see how doubling down on its green push will enhance its wealth and global status, and diminish that of its rival.
Read full:
⬇️⬇️⬇️
en review.uz/en/fxl
ru review.uz/fxl
More analytics
⬇️⬇️⬇️
© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
telegram | facebook | twitter|linkedin