China's Carbon Emissions May Have Already Peaked

By Ana Verayo, | April 04, 2016

Four billion people in the world are facing scarcity of fresh water supply, half of them come from India and China.

Four billion people in the world are facing scarcity of fresh water supply, half of them come from India and China.

China is considered to be the biggest greenhouse gas emitter in the entire world, which is the biggest driving factor in global warming and climate change, as these gases get trapped in our atmosphere, making the planet hotter. Climate scientists have predicted that China's carbon emissions will still rise in the next decades but a new study reveals that these emissions apparently peaked in 2014 which would now begin its surprising decline.

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Researchers from the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science conducted this new study and revealed that China is now finalizing its 13th Five Year Plan for economic development for 2016 to 2020. Since the Paris Agreement last December 2015, the nation aimed to move forward within a new strategy to coincide with efforts in eliminating climate change effects, along with economic growth. 

For China, this may seem too ambitious for these set targets since it is the world's leading carbon dioxide producer since it removed United States from the spot in 2007. However, some economists believe that China may have already achieved their economic and environmental goals even prior to the Paris agreement.

According to Fergus Green from the London School of Economics and Political Science, the study basically focuses on China's economic trends where energy demands and supplies can provide a forecast of the trajectory of carbon dioxide emissions in the country, providing a glimpse of energy sector trends in the next decade.

Researchers believe that it is very possible that these emissions are already falling, with the implication that it already reached its peak last 2014. If these emissions exceed 2014 levels, their growth trajectory would plateau and then would most likely peak by 2025.

In this new study, if carbon emissions from energy trends in China would increase, they are most likely to exceed much slower under the old economic model and would peak at some time during the decade before 2025.

Researchers concluded that a better global understanding of what is occurring in China's economic trends and changes is needed, to further reassess future global emissions and trends that can coincide with the prices of commodities and technologies that are affected by these structural changes in China, along with market opportunities for low and zero carbon technologies and services.

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