Following the speech made by President Xi Jinping to the United Nations General Assembly on 22nd September 2020, the Energy Transitions Commission has provided the following response: “President Xi’s commitment that China will peak emissions before 2030 and aim for carbon neutrality before 2060 is a huge step forward in the fight against harmful climate change, and a welcome example of responsible global leadership. Strong policies and large investments. especially focused on the clean electrification of the economy, will be needed to achieve the mid-century objective. Analysis by ETC China have given us the confidence that a fully developed rich zero carbon economy is attainable. The priority now is to ensure that actions in the 2020s, and in particular in the 14th five-year plan, achieve rapid progress towards the twin goals.“ Adair Turner, co-chairman, Energy Transitions Commission.
ETC Reports on China
In June 2020, the Energy Transitions Commission (ETC) and Rocky Mountain Institute (RMI) jointly released the report – Achieving Green Recovery for China: Putting Zero-Carbon Electrification at the Core.
In November 2019, the Energy Transitions Commission (ETC) and Rocky Mountain Institute (RMI) jointly released - China 2050: A Fully Developed Rich Zero-Carbon Economy.
About the Energy Transitions Commission
The Energy Transitions Commission (ETC) is a global coalition of leaders from across the energy landscape committed to achieving net-zero emissions by mid-century, in line with the Paris climate objective of limiting global warming to well below 2°C and ideally to 1.5°C. Our commissioners come from a range of organizations – energy producers, energy-intensive industries, technology providers, finance players and environmental NGOs – which operate across developed and developing countries and play different roles in the energy transition. This diversity of viewpoints informs our work: our analyses are developed with a systems perspective through extensive exchanges with experts and practitioners.
For further information, please visit the ETC website.
De-coupling from China would be the wrong way to go, Germany warns
The European Union needs to engage with China despite many differences instead of opting for a more isolationist approach, Germany said on Wednesday (21 April).
"In the EU, we have been describing China as a partner, competitor and systemic rival at the same time," German Foreign Minister Heiko Maas (pictured) said ahead of a virtual meeting with his Chinese counterpart Wang Yi.
"In all these three dimensions we need strong, sustainable communication channels with Beijing. De-coupling is the wrong way to go."
Berlin's warning against de-coupling is in line with Beijing's long-held position against disengagement among nations, including with China, despite mutual differences.
Last month, China was hit by a round of coordinated sanctions from the United States, European Union, Britain and Canada over reports of forced labour in the far western Chinese region of Xinjiang, accusations that Beijing rejects.
Ties between China and Germany have generally remained stable since last year, Chinese State Councilor and Foreign Minister Wang Yi said later in his meeting with Maas.
Wang also said major economies like China and Germany should jointly resist any de-coupling, and instead seek to uphold the stability of global industrial and supply chains, according to a statement from the Chinese foreign ministry.
At the same time, China does not approve of any re-drawing of ideological lines, and is even more opposed to engaging in “small cliques”, and even arbitrarily imposing unilateral sanctions based on false information, Wang said.
Last week, U.S. President Joe Biden met with Japanese Prime Minister Yoshihide Suga in his first face-to-face White House summit since taking office, where both leaders said they shared serious concerns about the human rights situation in Hong Kong and Xinjiang.
In a show of economic cooperation to the exclusion of China, Biden said Japan and the United States would jointly invest in the tech sector including semiconductor supply chains.
China’s Xi calls for fairer world order as rivalry with US deepens
Chinese President Xi Jinping (pictured) on Tuesday (20 April) called for a rejection of hegemonic power structures in global governance, amid growing tensions between Washington and Beijing over a widening range of issues including alleged human rights abuses, writes Kevin Yao.
Speaking at the annual Boao Forum for Asia, Xi criticized efforts by some countries to "build barriers" and "decouple", which he said would harm others and benefit no one.
China has long called for reforms of the global governance system to better reflect a more diverse range of perspectives and values from the international community, including its own, instead of those of a few major nations.
It has also repeatedly clashed with the biggest stakeholders in world governance, particularly the United States, over a range of issues from human rights to China's economic influence over other countries.
"The world wants justice, not hegemony," Xi said in remarks broadcast to the forum.
"A big country should look like a big country by showing that it is shouldering more responsibility," he said.
While Xi did not identify any country in his remarks, Chinese officials have in recent times referred to US “hegemony” in public criticisms of Washington’s global projection of power in trade and geopolitics.
On Friday, U.S. President Joe Biden held his first face-to-face White House summit since taking office, in a meeting with Japanese Prime Minister Yoshihide Suga in which China topped the agenda.
Both leaders said they "share serious concerns" about the human rights situation in Hong Kong and China's Xinjiang region, where Washington has said Beijing is perpetrating a genocide against Muslim Uighurs. China has denied abuses.
In a display of economic cooperation to the exclusion of China, Biden said Japan and the United States would jointly invest in areas such as 5G technology, artificial intelligence, quantum computing, genomics and semiconductor supply chains.
As the Biden administration rallies other democratic allies to harden their stance on China, Beijing is seeking to strengthen ties with its autocratic partners and economically dependent neighbours in Southeast Asia.
Chinese speakers at the Boao forum, Asia's answer to Davos, also affirmed Beijing's commitment to global free trade.
China's trade practices were a focus of an intense tariff war between Beijing and Washington under the Trump administration, with the United States accusing Beijing of unfair subsidiaries that give Chinese companies unfair advantage abroad and forced transfers of technology and intellectual property.
"The biggest experience that China's accession to the World Trade Organization 20 years ago is that we Chinese are not afraid of competition," Long Yongtu，China's former chief negotiator for the China's WTO entry in 2001, told the forum on Monday (19 April).
However, despite the persistent confrontation between the US administration and China, both sides have rediscovered a common interest in battling climate change, after bilateral talks on fighting greenhouse emissions fizzled out during the Trump era.
Last week, U.S. climate envoy John Kerry flew to Shanghai to meet with his Chinese counterpart in the first high-level visit to China by a Biden administration official.
Both agreed on concrete actions “in the 2020s” to reduce emissions.
Competition: EU and China will discuss competition policy priorities in the digital sector during the 21st Competition Week
Officials from the EU and China will meet online from 26 to 28 April 2021 for technical discussions on competition law and enforcement. The 21st EU-China Competition Week will focus on subsidy cases under the Fair Competition Review System that China started implementing in 2016. It will also deal with the co-operation between the European Commission and EU member states with respect to state aid cases as well as Regulation and policy initiatives to address competition concerns in digital markets. The Competition Weeks offer a platform for exchanges on competition policy between the Chinese State Administration for Market Regulation (SAMR) and the European Commission together with EU National Competition Authorities. The Competition Weeks are the cornerstone of the longstanding competition dialogue between the competition authorities of the EU and China in line with the commitments set out in the Memoranda of Understanding and Terms of Reference signed between all sides. The EU-China Competition Week is part of the Competition Co-operation project, a 5-year EU funded programme offering technical co-operation to competition authorities in Asia. The objective is to exchange experiences and strengthen convergence in competition policy, to the benefit of citizens and businesses in both the EU and Asia. More information about the European Commission's bilateral dialogue with China in the field of competition policy is available on the Commission's website.
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