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RIYADH: China’s president, Xi Jinping, has warned the country’s climate objectives should not hold back productivity in the economic powerhouse.
Speaking at a Politburo session on Tuesday, Xi insisted that efforts to decarbonise the Asian country must not jeopardize the supply of vital commodities.
In 2020, Xi vowed to peak emissions by 2030 and deliver a net zero nation by 2060.
According to state news agency Xinhua, the president said: “Reducing emissions is not about reducing productivity, and it is not about not emitting at all.”
He added: “We must stick to the overall planning and ensure energy security, industrial supply chain security and food security at the same time as cutting carbon emissions.”
China’s drive to cut emissions led to a limit in coal, metal, and fertilizers production, causing an increase in their prices. This negatively affected inflation concerns in the country.
However, the country is expected to maintain stable oil, gas, and coal production — particularly amid power shortages across the nation.