China’s carbon dioxide (CO2) emissions grew by around 1% in the second quarter of 2021 compared to a year earlier, new analysis for Carbon Brief shows. This is a marked slowdown from the first quarter of the year, when emissions grew at their fastest pace in more than a decade as the economy bounced back from the coronavirus pandemic on a wave of growth in construction, steel and cement production. The slowdown includes a 16% fall in demand for diesel year-on-year and 3% drop for oil products overall, with only modest growth of 1% for cement and 3% for coal power. These shifts appear to reflect steps the government has taken to control financial vulnerabilities, particularly in the real estate sector, as well as to rein in further rapid increase in steel production.
Carbon Brief 13th Aug 2021 read more »