Insight
What would it take for China to reach carbon neutrality by 2060?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Achieving carbon neutrality means offsetting any CO2 emissions produced in the economy. A colossal task for a country using 90% hydrocarbon in its energy mix and annually producing more than 10 billion tonnes of CO2-e, 28% of world total. Wood Mackenzie’s Accelerated Energy Transition scenario (AET-2) shows that China is on a pathway to become carbon neutral by 2060. The analysis envisages complete transformation of how energy is produced and delivered in China by deploying cutting-edge technologies and with strong policy support. Read this insight to find out: - Electrification of energy supply and the share of renewables in power output - China’s emissions trajectory to 2050 and the role of carbon removal projects - Impact on demand for hydrocarbons
Table of contents
- Electrification of energy supply reaches 76% by 2050 from 27% in 2020
- Age of infrastructure and scale of emissions are a challenge to decarbonise transport and industry
- World’s largest emitter makes the maximum effort and contributes 38% reduction in global emissions
- Conclusion
Tables and charts
This report includes the following images and tables:
- China key metrics summary
- Emissions reduction by market in the AET-2 scenario
What's included
This report contains:
