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The Academy of Macroeconomic Research (AMR) is a research institution under the direct supervision of China’s National Development and Reform Commission (NDRC), the ministry in charge of economic development and planning.

As a “national high-end thinktank”, the AMR’s Energy Research Institute is a well-respected body conducting energy transition research and providing vital suggestions on the energy transition to Beijing. 

At this year’s COP29 in Baku, it launched the executive summary of 2024 China Energy Transformation Outlook (CETO), a key report describing China’s pathways to net-zero.

The launch was attended by a number of high-level officials, including climate envoy Liu Zhenmin and the head of the International Energy Agency, Dr Fatih Birol.

Carbon Brief’s Wanyuan Song was granted a rare – and lengthy – joint interview with its director general, Prof Lyu Wenbin, and director, Prof Bai Quan, who is also the lead author of the report, to hear their views about China’s energy transition.

  • On China’s commitment to climate action: “Climate change doesn’t just affect China, it affects every country in the world…Climate change is not fake. It is happening and we are all on the same boat.”
  • On international collaboration: “The joint work [on energy transition pathways] was meant to allow for a deeper grasp of the problems, making the research findings more scientific and [suggestions] more reasonable.”
  • On an early emissions peak: “[W]e would love to try our best…but we can’t rule out all possibilities to peak even earlier than planned.”
  • On updates in this year’s outlook: [This year w]e have also placed more emphasis on international cooperation.”
  • On the need for global cooperation: “To achieve the best scenario, China shouldn’t be the only country that puts efforts into energy transition.”
  • On stimulus and carbon reduction: “China’s ‘two new’ (“两新”) policy – large-scale equipment renewals and trade-ins of consumer goods – is one of [the policies]. The first three aspects [of ‘two new’] directly promote carbon reduction.”
  • On managing electricity grids and markets: “China has never faced this kind of challenge before. The demand for electricity is huge, and soaring.”
  • On China’s coal use: “With renewable energy becoming more powerful and energy storage becoming cheaper and more flexible, coal plants can play the role of ‘firefighters’ in the system – used in an electricity crisis whenever it is needed.”
  • On the role of “green hydrogen”: “[I]t is very expensive at the moment…Commercial and technology innovation are needed to reduce costs.”
  • On calls for greater ambition from China: “It can’t be the case that developing countries need to cut more emissions than developed countries – that would break the UN’s principle of ‘common but differentiated responsibilities’.”

CB: Why is China so determined to achieve its energy transition and combat climate change?

Bai Quan: Climate change doesn’t just affect China, it affects every country in the world. No one is excluded from it. China is one of the victims of extreme weather. The horrifying typhoon in Shanghai in recent months has blown windows off of skyscrapers – Shanghai didn’t have that many typhoons in the past. Autumn in Qinghai province [in west China] used to be cool and dry, but now it has become rainy. The weather forecast [once] said there was light rain in Beijing, but the heavy rain in the neighbouring province Hebei drowned people. Summer is getting hotter and winter is getting colder – this is climate change, and no one can survive alone. If Shanghai was drowned, would London be spared, would New York be OK? Climate change is not fake. It is happening and we are all on the same boat. 

Combating climate change is a must, it is one of our core needs, and the primary thing we need to do to secure life and production. Low-carbon issues have been part of China’s policy  for a long time but it wasn’t as big of a focus until President Xi vouched for climate action with the “dual-carbon” goal. The [“dual-carbon” goal] promise to the world is serious and, after President Xi announced it in 2020, it has become a hot topic [in media and among ordinary people]. The energy transition, as a sustainable solution, helps the “dual-carbon” goal to be realised. 

CB: Your institute is working with national and international partners to produce an annual “China energy transformation outlook”. Can you tell me how that collaboration came about and what the aims of the project are?

Lyu Wenbin: The Chinese government has proposed the “dual-carbon” goal, and the energy transition is an important part of this process. Now that a goal has been clearly set, what we should do to deliver it is to choose the best pathway. Our research was conducted along with the Danish Energy Agency and Columbia University. The joint work was meant to allow for a deeper grasp of the problems, making the research findings more scientific and [suggestions] more reasonable. 

CB: We covered your CETO 2023 report, in which you listed three stages of transformation. The first of these phases is the peaking phase, which lasts until 2030. With China rapidly expanding renewable energy this year and hitting its wind and solar capacity targets six years early, do you think China could peak even earlier than planned – “before 2030”?

BQ: There are many uncertainties and changes in the world economy, geopolitics and even military actions at the moment. Uncertainty also exists in climate change. China’s electricity consumption grew faster than expected and we would love to try our best to overcome all the difficulties to meet China’s carbon peaking goal before 2030, but we can’t rule out all possibilities to peak even earlier than planned.

CB: What differences are there in your outlook for China’s energy transition this year, compared to 2023?

BQ: The scenarios are different, although they are basically aligned. We have also placed more emphasis on international cooperation. The report itself has absorbed experiences from different places, such as Denmark’s experience in heating, for modelling, pathway design and other suggestions in the report. We would be very interested in discussing more new ideas and sharing our experience with everyone else.

CB: What would be needed for China to realise the most ambitious energy transition scenario featured in your report?

BQ: To achieve the best scenario, China shouldn’t be the only country that puts efforts into energy transition. China, as a developing country, at the government level and at the individual level, has already done a lot. The energy transition needs global cooperation. More people will realise the urgent need to combat climate change if we all join hands together. Solving some problems, such as commercialising hydrogen, also needs more joint research.

CB: You have previously said China’s energy transition relies on comprehensive policy support for green industry, “effective” investment in the green and low-carbon sector as well as promoting green consumption. Do you see signs of this in government plans for economic stimulus? 

BQ: Yes, many! China’s “two new” (“两新”) policy – large-scale equipment renewals and trade-ins of consumer goods – is one of them. In the document issued by the State Council [China’s central government], there are four aspects: “implementing equipment updates, trade-in of consumer goods, recycling, and improving standards”. 

The first three aspects directly promote carbon reduction. The first one is to service industrial sectors, the second one is to serve the general public, and the third one is for China’s “circular economy”. The last aspect indirectly serves energy saving and carbon reduction goals, by setting standards [for energy usage, emissions and recycling] to prevent people from re-purchasing outdated equipment with low energy efficiency.

In the past, it was difficult to recycle old production equipment, such as large motors. One obstacle is the challenge of acquiring a “first receipt” to be eligible for tax deductions. [Scrapped product sellers often cannot provide the purchase receipt – the “first receipt” – to the resource recycling companies for value-added tax deductions.] The new policy allows an ordinary invoice to be used for pre-tax deduction, solving the problem. This is a very important incentive to meet the 2027 goals [of the “two new” policy]. 

For the ordinary people, the “two new” policy also benefits their daily life. For example, they can receive subsidies for about 10-20% of a new purchase, with up to 2,000 yuan ($276) to trade-in a new fridge. [Trade-in subsidies for home appliances cover fridges, washing machines, televisions, air conditioners and computers.] They can get new energy saving electronics appliances at a very low price.

The “two new” policy documents clearly state the delineation of responsibilities of both the central and local governments, including funding they should provide. [The central government accounts for about 90% of funding and has issued a 300bn yuan ($41bn) bond to support this effort.] China holds regular press conferences stating progress on the “two new” policy, including on the renewal of outdated solar and wind equipment.

Another vital policy is the “guidelines to ramp up green transition of economic, social development” issued by the Central Committee of the Communist Party of China and the State Council. [See Carbon Brief’s China Briefing for more.] That is to say, it’s not just the [state-affiliated] State Council that promotes the “green transformation”, the Central Committee [the leading body of the Communist party] also really values it. There was a green transition policy before, but this new policy is a top-level design of “full green transition” [across every aspect of society]. It is a blueprint of China’s transition in industry, building [construction], transportation, energy and many other areas. Together with the “two new”, which is an implementation document for this top-level design, we now have both a direction and a manual for the energy transition. 

CB: China is attempting to upgrade its electricity grids and markets to manage the variability of wind and solar power. What are the biggest challenges it faces in this area?

BQ: China has never faced this kind of challenge before. The demand for electricity is huge, and soaring. Reforms in the electricity pricing system and grid management are underway, and so are many other reforms. These reforms need to be economical, fair and feasible. Reforms, in general, have less impact on the rich than the poor. In the end, we can’t just ignore energy safety and cut electricity supply, nor ignore the poor being unable to afford it. This is a big challenge for the government to achieve in such a short time, especially if we are to peak carbon before 2030. Current price reform, in terms of whole reform effort, is happening very quickly, with the medium-to-long term contract reforms, as well as the spot market and the ancillary market reforms. However, it is a complicated matter, with each province facing different situations. Industrial usage and civilian usage are also different – we need to protect ordinary people’s needs.

CB: There has been significant international criticism of China’s decision to use coal-fired power plants as “flexibility providers” in its energy transition. Will coal continue to be necessary for China’s energy mix as it approaches carbon neutrality in 2060 and beyond, and how effective are China’s current efforts to develop low-carbon coal-fired power?

BQ: China’s principle is “construction new before destruct old” (先立后破), which is also translated as “build before breaking”. [See Carbon Brief’s articles from 2021 and 2022 for background.] The challenge China faces is different [from other countries], our electricity consumption is growing too fast. Energy security for us is most important, and cutting coal out completely does not match the basic principle of energy supply. What we can do is to increase the share of green electricity when improving the overall quantity and quality of electricity supply. Power grids also need to improve capacity for electricity generated from renewable sources, to counter their variable nature. Energy storage is an ideal solution for us, but it is too expensive at the moment. 

The only pragmatic solution at the moment is asking coal plants to “tiao feng” (调峰, part-load operation, which means run below full-capacity). The old design of a coal-fired power plant was to operate for 5,500 hours annually, but they are at about 4,000 hours now. With renewable energy becoming more powerful and energy storage becoming cheaper and more flexible, coal plants can play the role of “firefighters” in the system – used in an electricity crisis whenever it is needed. 

Overall, electricity is the core of future development. Reforms in electricity generation, power grids, electricity usage and electricity demand are all needed. Developing countries in particular face harder challenges. It is not only China – Vietnam and India also are exploring solutions to their power problems. Therefore, we emphasise global cooperation, which is vital for finding a solution for us all.

CB: Will “green hydrogen” play a significant role in China’s future energy mix and, if so, when do you think it will be deployed at scale?

BQ: Yes. Green hydrogen is a great alternative for fossil fuels in the chemical industry and the transportation sector. We were excited about it when it was first discovered, but it is very expensive at the moment. To deploy green hydrogen, commercial and technology innovation are needed, to reduce costs.

China’s carbon pricing has not reached the chemical industry yet, but it might change with changes in the market. The commercialisation of hydrogen is very important, a hydrogen fuel-cell vehicle needs to be affordable. We face the same problem that the EU faces and we would love to learn from them. 

CB: Recent research has suggested that China should reduce emissions to at least 30% below 2023 levels by 2035, to align with the Paris Agreement goal of limiting warming to 1.5C. Some Chinese scientists have called this 30% figure “too ambitious”. Do you think a 30% reduction would be achievable? 

BQ: I haven’t read the paper so can’t comment on it. I am not sure if there are suggestions for other countries in this research paper. [International expectations for China’s climate goals] need to be fair for China, as a developing country. [They] need to consider the shared responsibilities of the developed countries, including the US and EU. It can’t be the case that developing countries need to cut more emissions than developed countries – that would break the UN’s principle of “common but differentiated responsibilities”. China has not yet reached carbon peak, it still has some ways to go.

The post The Carbon Brief Interview: Prof Lyu Wenbin and Prof Bai Quan appeared first on Carbon Brief.

The Carbon Brief Interview: Prof Lyu Wenbin and Prof Bai Quan

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Whale Entanglements in Fishing Gear Surge Off U.S. West Coast During Marine Heatwaves

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New research finds that rising ocean temperatures are shrinking cool-water feeding grounds, pushing humpbacks into gear-heavy waters near shore. Scientists say ocean forecasting tool could help fisheries reduce the risk.

Each spring, humpback whales start to feed off the coast of California and Oregon on dense schools of anchovies, sardines and krill—prey sustained by cool, nutrient-rich water that seasonal winds draw up from the deep ocean.

Whale Entanglements in Fishing Gear Surge Off U.S. West Coast During Marine Heatwaves

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Grasslands and Wetlands Are Being Gobbled Up By Agriculture, Mostly Livestock

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A new study takes a first-of-its kind look at how farming converts non-forested areas and major carbon sinks into cropland and pasture.

Agriculture is widely known to be the biggest driver of forest destruction globally, especially in sprawling, high-profile ecosystems like the Amazon rainforest.

Grasslands and Wetlands Are Being Gobbled Up By Agriculture, Mostly Livestock

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Cropped 25 February 2026: Food inflation strikes | El Niño looms | Biodiversity talks stagnate

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We handpick and explain the most important stories at the intersection of climate, land, food and nature over the past fortnight.

This is an online version of Carbon Brief’s fortnightly Cropped email newsletter.
Subscribe for free here.

Key developments

Food inflation on the rise

DELUGE STRIKES FOOD: Extreme rainfall and flooding across the Mediterranean and north Africa has “battered the winter growing regions that feed Europe…threatening food price rises”, reported the Financial Times. Western France has “endured more than 36 days of continuous rain”, while farmers’ associations in Spain’s Andalusia estimate that “20% of all production has been lost”, it added. Policy expert David Barmes told the paper that the “latest storms were part of a wider pattern of climate shocks feeding into food price inflation”.

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NO BEEF: The UK’s beef farmers, meanwhile, “face a double blow” from climate change as “relentless rain forces them to keep cows indoors”, while last summer’s drought hit hay supplies, said another Financial Times article. At the same time, indoor growers in south England described a 60% increase in electricity standing charges as a “ticking timebomb” that could “force them to raise their prices or stop production, which will further fuel food price inflation”, wrote the Guardian.

TINDERBOX’ AND TARIFFS: A study, covered by the Guardian, warned that major extreme weather and other “shocks” could “spark social unrest and even food riots in the UK”. Experts cited “chronic” vulnerabilities, including climate change, low incomes, poor farming policy and “fragile” supply chains that have made the UK’s food system a “tinderbox”. A New York Times explainer noted that while trade could once guard against food supply shocks, barriers such as tariffs and export controls – which are being “increasingly” used by politicians – “can shut off that safety valve”.

El Niño looms

NEW ENSO INDEX: Researchers have developed a new index for calculating El Niño, the large-scale climate pattern that influences global weather and causes “billions in damages by bringing floods to some regions and drought to others”, reported CNN. It added that climate change is making it more difficult for scientists to observe El Niño patterns by warming up the entire ocean. The outlet said that with the new metric, “scientists can now see it earlier and our long-range weather forecasts will be improved for it.”

WARMING WARNING: Meanwhile, the US Climate Prediction Center announced that there is a 60% chance of the current La Niña conditions shifting towards a neutral state over the next few months, with an El Niño likely to follow in late spring, according to Reuters. The Vibes, a Malaysian news outlet, quoted a climate scientist saying: “If the El Niño does materialise, it could possibly push 2026 or 2027 as the warmest year on record, replacing 2024.”

CROP IMPACTS: Reuters noted that neutral conditions lead to “more stable weather and potentially better crop yields”. However, the newswire added, an El Niño state would mean “worsening drought conditions and issues for the next growing season” to Australia. El Niño also “typically brings a poor south-west monsoon to India, including droughts”, reported the Hindu’s Business Line. A 2024 guest post for Carbon Brief explained that El Niño is linked to crop failure in south-eastern Africa and south-east Asia.

News and views

  • DAM-AG-ES: Several South Korean farmers filed a lawsuit against the country’s state-owned utility company, “seek[ing] financial compensation for climate-related agricultural damages”, reported United Press International. Meanwhile, a national climate change assessment for the Philippines found that the country “lost up to $219bn in agricultural damages from typhoons, floods and droughts” over 2000-10, according to Eco-Business.
  • SCORCHED GRASS: South Africa’s Western Cape province is experiencing “one of the worst droughts in living memory”, which is “scorching grass and killing livestock”, said Reuters. The newswire wrote: “In 2015, a drought almost dried up the taps in the city; farmers say this one has been even more brutal than a decade ago.”
  • NOUVELLE VEG: New guidelines published under France’s national food, nutrition and climate strategy “urged” citizens to “limit” their meat consumption, reported Euronews. The delayed strategy comes a month after the US government “upended decades of recommendations by touting consumption of red meat and full-fat dairy”, it noted. 
  • COURTING DISASTER: India’s top green court accepted the findings of a committee that “found no flaws” in greenlighting the Great Nicobar project that “will lead to the felling of a million trees” and translocating corals, reported Mongabay. The court found “no good ground to interfere”, despite “threats to a globally unique biodiversity hotspot” and Indigenous tribes at risk of displacement by the project, wrote Frontline.
  • FISH FALLING: A new study found that fish biomass is “falling by 7.2% from as little as 0.1C of warming per decade”, noted the Guardian. While experts also pointed to the role of overfishing in marine life loss, marine ecologist and study lead author Dr Shahar Chaikin told the outlet: “Our research proves exactly what that biological cost [of warming] looks like underwater.” 
  • TOO HOT FOR COFFEE: According to new analysis by Climate Central, countries where coffee beans are grown “are becoming too hot to cultivate them”, reported the Guardian. The world’s top five coffee-growing countries faced “57 additional days of coffee-harming heat” annually because of climate change, it added.

Spotlight

Nature talks inch forward

This week, Carbon Brief covers the latest round of negotiations under the UN Convention on Biological Diversity (CBD), which occurred in Rome over 16-19 February.

The penultimate set of biodiversity negotiations before October’s Conference of the Parties ended in Rome last week, leaving plenty of unfinished business.

The CBD’s subsidiary body on implementation (SBI) met in the Italian capital for four days to discuss a range of issues, including biodiversity finance and reviewing progress towards the nature targets agreed under the Kunming-Montreal Global Biodiversity Framework (GBF).

However, many of the major sticking points – particularly around finance – will have to wait until later this summer, leaving some observers worried about the capacity for delegates to get through a packed agenda at COP17.

The SBI, along with the subsidiary body on scientific, technical and technological advice (SBSTTA) will both meet in Nairobi, Kenya, later this summer for a final round of talks before COP17 kicks off in Yerevan, Armenia, on 19 October.

Money talks

Finance for nature has long been a sticking point at negotiations under the CBD.

Discussions on a new fund for biodiversity derailed biodiversity talks in Cali, Colombia, in autumn 2024, requiring resumed talks a few months later.

Despite this, finance was barely on the agenda at the SBI meetings in Rome. Delegates discussed three studies on the relationship between debt sustainability and implementation of nature plans, but the more substantive talks are set to take place at the next SBI meeting in Nairobi.

Several parties “highlighted concerns with the imbalance of work” on finance between these SBI talks and the next ones, reported Earth Negotiations Bulletin (ENB).

Lim Li Ching, senior researcher at Third World Network, noted that tensions around finance permeated every aspect of the talks. She told Carbon Brief:

“If you’re talking about the gender plan of action – if there’s little or no financial resources provided to actually put it into practice and implement it, then it’s [just] paper, right? Same with the reporting requirements and obligations.”

Monitoring and reporting

Closely linked to the issue of finance is the obligations of parties to report on their progress towards the goals and targets of the GBF.

Parties do so through the submission of national reports.

Several parties at the talks pointed to a lack of timely funding for driving delays in their reporting, according to ENB.

A note released by the CBD Secretariat in December said that no parties had submitted their national reports yet; by the time of the SBI meetings, only the EU had. It further noted that just 58 parties had submitted their national biodiversity plans, which were initially meant to be published by COP16, in October 2024.

Linda Krueger, director of biodiversity and infrastructure policy at the environmental not-for-profit Nature Conservancy, told Carbon Brief that despite the sparse submissions, parties are “very focused on the national report preparation”. She added:

“Everybody wants to be able to show that we’re on the path and that there still is a pathway to getting to 2030 that’s positive and largely in the right direction.”

Watch, read, listen

NET LOSS: Nigeria’s marine life is being “threatened” by “ghost gear” – nets and other fishing equipment discarded in the ocean – said Dialogue Earth.

COMEBACK CAUSALITY: A Vox long-read looked at whether Costa Rica’s “payments for ecosystem services” programme helped the country turn a corner on deforestation.

HOMEGROWN GOALS: A Straits Times podcast discussed whether import-dependent Singapore can afford to shelve its goal to produce 30% of its food locally by 2030.

‘RUSTING’ RIVERS: The Financial Times took a closer look at a “strange new force blighting the [Arctic] landscape”: rivers turning rust-orange due to global warming.

New science

  • Lakes in the Congo Basin’s peatlands are releasing carbon that is thousands of years old | Nature Geoscience
  • Natural non-forest ecosystems – such as grasslands and marshlands – were converted for agriculture at four times the rate of land with tree cover between 2005 and 2020 | Proceedings of the National Academy of Sciences
  • Around one-quarter of global tree-cover loss over 2001-22 was driven by cropland expansion, pastures and forest plantations for commodity production | Nature Food

In the diary

Cropped is researched and written by Dr Giuliana Viglione, Aruna Chandrasekhar, Daisy Dunne, Orla Dwyer and Yanine Quiroz.
Please send tips and feedback to cropped@carbonbrief.org

The post Cropped 25 February 2026: Food inflation strikes | El Niño looms | Biodiversity talks stagnate appeared first on Carbon Brief.

Cropped 25 February 2026: Food inflation strikes | El Niño looms | Biodiversity talks stagnate

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