China could cut 1.6 billion tonnes of carbon emissions by 2030
China’s carbon emissions may decline by 1.6 billion tonnes by 2030 if 17.5 trillion yuan ($2.5 trillion) in green investment is mobilised over the next five years, according to a research note by China International Capital Corporation (CICC) cited by Bloomberg. CICC projects that China’s emissions will peak at 11.3 billion tonnes in 2028. The country currently accounts for about one-third of global carbon emissions. Beijing is expected to announce its climate targets for 2035…