China Issues Action Plan for Energy Saving and Carbon Reduction (2024-2025)
China’s State Council issued a 2024-2025 action plan for energy saving and carbon reduction. Goals include cutting energy consumption by 2.5% and CO2 intensity by 3.9% in 2024 while increasing non-fossil energy usage to 18.9% in 2024 and 20% in 2025. The plan projects a reduction of approximately 50 Mt of standard coal and a decrease in emissions by around 130 Mt of CO2. Measures involve strict coal consumption controls, the promotion of new energy vehicles, and enhanced energy efficiency in industries such as steel, petrochemicals, non-ferrous metals, building materials, architecture, transportation and public institutions.