Energy Market Reform in China in the Context of Carbon Neutrality: Regulation of Network-dependent Energy Industries
Article from: OGEL 2 (2023), in China Energy Law and Policy
Abstract
China plays a prominent role in combating climate change. As the largest energy producer and consumer and the most significant greenhouse gas (GHG) emitter, China is facing intense pressure to decarbonise its energy sector, which is the most significant contributor to coal consumption and GHG emissions. In September 2020, Chinese President Xi Jinping announced that China is committed to peaking emissions before 2030 and achieving carbon neutrality before 2060. China's adoption of a carbon neutrality objective would constitute a significant contribution to achieving the temperature ...