China's existing policies put its CO2 emissions on track to peak by the mid-2020s, ahead of its stated target of 2030, but Beijing has the capacity to accelerate its transition to clean energy sources and reach carbon neutrality before 2060, the IEA said today. Existing targets in China's latest five-year plan for 2021-25, if met, will result in CO2 emissions from fuel consumption hitting a plateau in the middle of this decade and then undergoing a modest decline by 2030, the IEA said as it released a new report, An Energy Sector Roadmap to Carbon Neutrality in China.
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