NEW YORK: In a move that could play a critical role in controlling global emissions, China has decided to stop building any new Coal Power Plants abroad. Chinese President Xi Jinping made this announcement during the United Nations General Assembly.
The whole world is trying to meet targets of Paris climate change due to this China has been under constant pressure to control emissions on its part globally. China is known for its famous Belt and Road initiative under which it has funded various Coal Power Plant projects in developing nations like Indonesia and Vietnam.
“China will step up support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power projects abroad,” Chinese President Xi Jinping said in a video recording at the annual summit.
Under Belt and Road initiative(BRI), China funds train infrastructure, ports, roads, coal plants, and many other infrastructure-related projects, mostly in developing nations. China is the world’s leading contributor to greenhouse emissions and heavily relies on coal-based power for its own energy needs.
The US Climate Envoy John Kerry and the head of upcoming COP26 United Nations Climate Change Mr.Alok Sharma welcomed and applauded the announcement.
China has not funded any coal project in the first half of 2021. The questions regarding when will it take effect and how it will happen are still looming. China is responsible for burning half of the world’s total coal burning and several new coal plants having 40-50 years of life span are constantly being added to the mainland.
President Xi Jinping also mentioned the promise of China achieving peak emissions before 2030 and then moving to carbon neutrality by 2060. But the major questions still remain unanswered like when will China start curbing overall emissions within its own borders and start reducing its dependency on the most polluting form of power generation.