China plans to cut coal consumption from 2026
China intends to reduce the volume of coal consumption. The maximum amount of carbon dioxide emissions will be reached in 10 years. As for carbon neutrality, its achievement is planned for 2060. This was stated by Xi Jinping. He also noted that the government will monitor the dynamics of coal consumption in the coming years. The reduction of the indicator is planned for the next five-year period, that is, starting from 2026.
Xi Jinping believes that countries with advanced economies should pay more attention to issues related to the fight against climate change. In addition, they should assist developing countries in addressing these issues. According to Xi Jinping, the problems associated with climate change can only be solved by joint efforts. Countries should cooperate, not criticize each other. South Korean President Moon Jae-in said that the country intends to stop financing foreign power plants that run on coal.