Publication date:
March 4, 2024
China's Challenge in Meeting its Energy Efficiency Targets
China faces difficulties in achieving its climate goal of reducing energy intensity to foster economic growth.
Energy
China's efforts to enhance its energy efficiency are falling short, posing challenges to one of its primary climate objectives — the reduction of energy intensity, a measure of the amount of energy needed for economic growth. This shortfall might prompt a policy reevaluation at the upcoming National People's Congress. China's struggle underscores the difficulties in balancing economic development with environmental sustainability, and could lead to significant policy shifts aimed at meeting its ambitious climate goals. The outcome could have far-reaching implications for global energy markets and the international community's efforts to combat climate change.