rst88.. wrote:
In thousands of years of its history, China is clearly having its absolutely best years during the past 3 decades. Why so many people, especially Westerners are so convinced they know better even than China & Chinese
what China & Chinese should do?
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The Chinese Companies Polluting the World More Than Entire Nations
By Bloomberg News, October 24, 2021
Curbing China’s output of greenhouse gas will do more than almost
anything else at this point to decide the fate of the planet.
That primacy comes from being, by far, the world’s top source of
new emissions. But few outside of the Chinese government can examine
the true drivers of this crucial planet-warming pollution: dozens of
gigantic state-run companies.
As world leaders and diplomats head to Glasgow, Scotland, to discuss
how to keep rising temperatures in check, understanding the role of
China’s industrial titans has never been more important. These companies won’t be party to United Nations-backed negotiations. Yet no deal will
be effective in practice without their strong cooperation.
China’s companies drove the country’s greenhouse gas emissions above
those of all developed nations combined in 2019, according to a study
by Rhodium Group. To deliver on President Xi Jinping’s promise to zero
out emissions by 2060, these same companies will have to shift away from
dirty energy, embrace new technologies and change the way they operate.
“Emissions of numerous state-owned enterprises in the power, steel,
cement, oil refining, and other major emitting sectors are equal to
those of entire nations,” says Lauri Myllyvirta, an analyst with the
Centre for Research on Energy and Clean Air who produced the estimates
used in this project. “Once these enterprises align their investments
and business plans with the emissions-neutrality target, they can make
an enormous contribution, if they choose to.”
To measure the task ahead, CREA, a Finland-based environmental research
group, focused on some of the largest emitters in China’s most-polluting sectors. Companies were chosen based on the availability of public data showing metrics such as coal use and manufacturing capacity, drawn from financial statements of listed units and corporate sustainability reports.
All the estimates include emissions from company operations and electricity use. In sectors where significant greenhouse gases are generated along the supply chain, CREA added those estimates as well. Doing so takes into
account the steel used to build cars and the gasoline required to power
them, as well as emissions from burning oil products and steel or cement
used in construction.
In some cases these emissions overlap, as when Petrochina Co.’s gasoline fuels cars built by SAIC Motor Corp. Experts argue that holding both
companies accountable for the same gallon of gasoline raises the chance
that those emissions will be eliminated, whether at the source or by the
end user. None of the companies responded to questions about their emissions.
https://www.bloomberg.com/graphics/2021-china-climate-change-biggest-carbon-polluters/
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