China’s steadfast efforts in energy transition have had a significant positive impact on the global environment and energy landscape. As the world’s most populous country, China’s energy policies and practices influence not only its own future but also that of the entire planet.
Milestones in Energy Transition and Innovation
The recent white paper titled “China’s Energy Transition” highlights China’s achievements over the past decade. Clean energy now constitutes 26.4% of the country’s total energy consumption, a notable increase from 2013. Additionally, China has reduced its energy intensity by 26% and cut carbon dioxide emissions by approximately 3 billion tonnes. These milestones reflect China’s shift from a resource-dependent energy model to one driven by innovation and technological breakthroughs.
Global Influence and Opportunities for Cooperation
China’s advancements in new energy technologies have driven down the global costs of wind and photovoltaic projects by 60% and 80%, respectively. This progress is crucial as the world faces growing demands for renewable energy and electric vehicles, with projected needs far exceeding current capacities. China’s commitment to energy transition also opens doors for enhanced international cooperation, with foreign investments in its energy sector, including contributions from multinational corporations like General Electric and Siemens.
A Call for Global Unity in Energy Security
As China continues to lead in energy transition, it urges global cooperation to ensure energy security and achieve the goals of the Paris Agreement. By sharing its experiences and fostering international collaboration, China aims to contribute to a sustainable energy future for all, emphasizing the need to avoid unilateralism and trade protectionism to maintain stable global energy supply chains.
Source: china.org.cn
