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China will start to phase down coal consumption over the 2026-2030 period as part of its efforts to reduce carbon emissions, Chinese President Xi Jinping said when addressing the Climate Leaders’ Summit on Thursday.
“We will strictly control coal-fired power generation projects,” Xi said. “We will strictly limit the growth of coal consumption over the 14th five-year plan period (2021-2025) and phase it down in the 15th five-year plan period (2026-2030).”
The comments imply that China’s coal consumption will reach a peak in 2025 and start to fall . . .
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