South China Morning Post on Nostr: Asia is emerging as an unlikely champion in race to net zero ========== Asia, home to ...
Asia is emerging as an unlikely champion in race to net zero
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Asia, home to 60% of the world's population and 53% of global emissions, is becoming a leader in climate action; COP29 climate conference in Baku on November 11, 2024; Asia's transition to net zero by 2050 estimated to cost US$70 trillion; China consumed 53.8% of the world's coal in 2022; Philippines aims for 75% emissions reduction by 2030; Singapore sets emissions cap of 60 million tonnes by 2030; Vietnam's solar capacity reached 16.5 GW; China to peak emissions before 2030 and achieve carbon neutrality by 2060; India plans to produce 5 million tonnes of green hydrogen by 2030 and aims for net zero by 2070; solar power tariffs in India dropped to less than 2 rupees (US$0.02) per kWh; Japan and South Korea are key financiers of green projects; challenges include balancing economic growth with emissions reductions and improving grid integration.
#ClimateChange #NetZero #RenewableEnergy #Asia #Cop29 #GreenHydrogen #EmissionsReduction #Sustainability #Investment #EnergyTransition
https://www.scmp.com/opinion/asia-opinion/article/3284444/asia-emerging-unlikely-champion-race-net-zero
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Asia, home to 60% of the world's population and 53% of global emissions, is becoming a leader in climate action; COP29 climate conference in Baku on November 11, 2024; Asia's transition to net zero by 2050 estimated to cost US$70 trillion; China consumed 53.8% of the world's coal in 2022; Philippines aims for 75% emissions reduction by 2030; Singapore sets emissions cap of 60 million tonnes by 2030; Vietnam's solar capacity reached 16.5 GW; China to peak emissions before 2030 and achieve carbon neutrality by 2060; India plans to produce 5 million tonnes of green hydrogen by 2030 and aims for net zero by 2070; solar power tariffs in India dropped to less than 2 rupees (US$0.02) per kWh; Japan and South Korea are key financiers of green projects; challenges include balancing economic growth with emissions reductions and improving grid integration.
#ClimateChange #NetZero #RenewableEnergy #Asia #Cop29 #GreenHydrogen #EmissionsReduction #Sustainability #Investment #EnergyTransition
https://www.scmp.com/opinion/asia-opinion/article/3284444/asia-emerging-unlikely-champion-race-net-zero