China’s main energy-consuming and producing provinces are directing the equivalent of hundreds of billions of dollars into fossil fuel projects, analysis of spending plans reveals.
If the investments go ahead, they would exceed spending plans for low-carbon energy threefold.
The findings are from our new analysis of the “major project lists” for eight Chinese provinces, which account for half the country’s CO2 emissions. The lists reveal the priorities of provincial authorities looking to recover from Covid-19 and prepare for the 14th “five-year plan”, due early next year.
Continue reading the full analysis on Carbon Brief.