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China Passes First Energy Law, Paving Way to Carbon Neutrality by 2060

Vedanshi SinghbyVedanshi Singh
9th November 2024
in ESG BROADCAST
Reading Time: 2 mins read
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China to Enforce Upgraded Nationwide Vehicle Emission Standards
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China has enacted its first energy law, set to take effect on January 1, 2025, marking a major advance in its path toward carbon neutrality by 2060. This comprehensive legislation addresses various aspects of energy management, including planning, development, market structures, and emergency response, ensuring secure and sustainable energy growth.

Adopted by the Standing Committee of the National People’s Congress, the law spans nine chapters covering critical energy issues such as technological innovation, supervision, and legal responsibilities. Officials emphasize that the law, developed in line with China’s Constitution, aims to enhance high-quality energy development, strengthen national energy security, and support a green, low-carbon economic transition.

A Push Toward Carbon Neutrality:
The law is a core component of China’s strategy to peak carbon emissions by 2030 and achieve carbon neutrality by 2060. Xinhua, China’s state media, highlighted the law’s role in fostering sustainable growth and advancing the country’s aim of building a modern socialist economy.

This legislation reinforces China’s dual global role as the largest greenhouse gas emitter and a key player in clean energy innovation. The country’s renewable energy capacity—particularly in wind and solar—is nearly double that of all other nations combined, underlining China’s commitment to climate leadership.

Strategic Climate Action:
China’s new energy law comes as global climate action becomes increasingly urgent. The EU’s Copernicus climate monitor recently warned that 2024 may be the hottest year on record, potentially exceeding a 1.5-degree Celsius rise above pre-industrial levels.

As extreme weather continues to impact China, with heatwaves and severe flooding, this legislation provides a timely response to enhance resilience and support the transition to a sustainable future. It positions China to take an active role in upcoming climate discussions, including COP29 in Azerbaijan, as it charts a course for significant energy reforms and long-term carbon reduction.

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Tags: AsiaESGESG BROADCASTESG HeadlinesESG NewsESG TodayGovernmentSustainability
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Vedanshi Singh

Vedanshi Singh

Science communicator passionate about climate change, ESG, and sustainability, blending psychology with communication for impact.

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