The Chinese government has set tough targets to improve energy efficiency in its energy-intensive industries by 2025. The move marks a strong stand to combat climate change by the industrial powerhouse.
Oil refineries and manufacturers of materials such as steel, aluminium and cement will need to ensure that more than 30% of their production capacity meets tighter energy efficiency standards by 2025.
The goals were detailed in a Chinese-language statement seen by Capital.com by the country’s top economic planner the National Development and Reform Commission (NDRC).
Energy-intensive sectors targetted
The NDRC said that by 2030, China aims to further tighten the energy efficiency norms for its most power-hungry industries. By doing so, the government hopes to be on track to achieve its “carbon peak target”.
Earlier, China stated that it expects its carbon emissions to peak in 2030 before the nation becomes carbon neutral in 2060.
The NDRC detailed various steps that the industries must take to achieve the targets. These include blast furnaces cutting energy consumption for a single unit of production by 17%, while oil refiners must permanently close plants with a processing capacity below two million tonnes per year or 40,000 barrels per day.
Energy targets to drive consolidation
Further, the NDRC said that mergers and restructuring in the steel, primary aluminium, cement and flat glass industries should be accelerated to consolidate capacity and aid the goal of energy efficiency.
Besides the steps it is taking at home, China is also making efforts to fight climate change at a global level. Last month, President Xi Jinping told the UN General Assembly that the country will stop funding coal-based power plants overseas.
One of the reasons why China faces an energy shortage currently is because the NDRC identified several provinces falling short of their climate change goals earlier this year. The country is hosting the 2022 Winter Olympics and is keen to cut pollution before visitors and athletes start arriving in Beijing next year.