Monday, October 25, 2021
We have 10 years ... & China is key
We have 10 years to reduce carbon emissions and China is key to making it happen because ...
China’s emissions are so vast that its biggest companies, few of which are household names, create more pollution than entire nations.
China Baowu, the world’s top steelmaker, put more CO2 into the atmosphere last year than Pakistan.
Take state-owned oil giant Sinopec Group. One of its subsidiaries, China Petroleum & Chemical, contributed more to global warming last year than Canada,
itself an emissions heavyweight with the 11th-most CO2 among nations.
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.
Any questions?
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