UC San Diego Professor Michael Davidson went on SupChina’s Sinica Podcast to unpack recent announcements out of Beijing, including Xi Jinping’s decision to cease all funding for coal-fired power plants outside of China, and explain the linkage between China’s push for non-fossil energy and the recent power shortages that have affected 20 provinces. He also explains China’s new emissions trading scheme, or ETS, and discusses what China still needs to do to meet the ambitious targets set by Xi last year: reaching peak carbon emissions by 2030, and achieving carbon neutrality by 2060.
