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  1. BlitzOrion on

    China’s CO2 emissions fell by 1% in the second quarter of 2024, the first quarterly fall since the country re-opened from zero-Covid, as shown in the figure below.

    Within the overall total, power sector emissions fell by 3%, cement production fell by 7% and oil consumption by 3%.

    The reduction in CO2 emissions was driven by the surge in clean energy additions, which is driving fossil fuel power into reverse. (See: Clean energy additions on track to top 2023 record.)

    However, rapid energy demand growth in sectors such as coal-to-chemicals diluted the impact of changes in the electricity sector. (See: Rapid energy demand growth.)

    China added 102 gigawatts (GW) of new solar and 26GW of wind in the first half of 2024, as shown in the figure below. Solar additions were up 31% and wind additions up 12% compared with the first half of last year, so China is on track to beat last year’s record installations.

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