China Adopts New Law to Accelerate Carbon Neutrality by 2060

China has ratified an ambitious legislation aimed at promoting carbon neutrality and framing sustainable energy development in response to growing climate challenges.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

China, the world’s leading emitter of greenhouse gases, has adopted an innovative energy law to support its climate objectives. This law aims to frame the transition towards a greener economy, with a carbon neutrality target set for 2060. This initiative, widely reported by state media, reflects Beijing’s commitment to addressing global warming.

Chinese authorities have defined this law as a tool to achieve the peak of carbon dioxide emissions by the end of the decade, followed by a net reduction to zero by 2060. According to reports from Xinhua, the state news agency, this legislation encourages high-quality energy development and ensures energy security, while meeting the requirements of a low-carbon economy.

A Turnaround Ahead of COP29

This new law comes just days before the start of COP29, the UN climate summit, scheduled in Baku. The legislation strengthens China’s position as a central player in international climate negotiations and aligns with the Paris Agreement, which calls for keeping global warming below 2°C, preferably 1.5°C.

The year 2024, marked by record heat, underscores the urgency of these actions. According to Copernicus, the climate monitoring service of the European Union, the current year is on track to become the hottest on record. This finding calls for intensified efforts by states, an imperative that China appears to have integrated with this new legislation.

Major Energy Challenges

Beijing, which already has the largest installed capacity in renewable energy, continues to diversify its energy resources. The country produces nearly twice as much wind and solar energy as all other nations combined, confirming its role as a global leader in clean energy. The recently adopted law addresses energy planning and utilization aspects to secure the transition to sustainable energy and ensure energy independence.

Extreme Weather Conditions: A Catalyst

China experienced extreme climatic episodes this summer, including heatwaves in the north and flooding in certain central and southern provinces. These recurring climate events underline the importance of the ongoing energy transformation. Scientists estimate that climate change will intensify these phenomena, a point that the Chinese government incorporates into its energy policies.

The new measures adopted in this law aim not only to reduce emissions but also to strengthen infrastructure to withstand the impacts of a changing climate. The text of the law, although detailed on major guidelines, has not yet specified concrete implementation modalities, leaving room for possible adaptation based on scientific and technological developments.

The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.
The Ghanaian government is implementing a reform of its energy system focused on increasing the use of local natural gas, aiming to reduce electricity production costs and limit the sector's financial imbalance.
On the 50th anniversary of its independence, Suriname announced a national roadmap including major public investment to develop its offshore oil reserves.
China's power generation capacity recorded strong growth in October, driven by continued expansion of solar and wind, according to official data from the National Energy Administration.
The 2026–2031 offshore programme proposes opening over one billion acres to oil exploration, triggering a regulatory clash between Washington, coastal states and legal advocacy groups.
The government of Mozambique is consolidating its gas transport and regasification assets under a public vehicle, anchoring the strategic Beira–Rompco corridor to support Rovuma projects and respond to South Africa’s gas dependency.
The British system operator NESO initiates a consultation process to define the methodology of eleven upcoming regional strategic plans aimed at coordinating energy needs across England, Scotland and Wales.
The Belém summit ends with a technical compromise prioritising forest investment and adaptation, while avoiding fossil fuel discussions and opening a climate–trade dialogue likely to trigger new regulatory disputes.
The Asian Development Bank and the Kyrgyz Republic have signed a financing agreement to strengthen energy infrastructure, climate resilience and regional connectivity, with over $700mn committed through 2027.
A study from the Oxford Institute for Energy Studies finds that energy-from-waste with carbon capture delivers nearly twice the climate benefit of converting waste into aviation fuel.
Signed for 25 years, the new concession contract between Sipperec, EDF and Enedis covers 87 municipalities in the Île-de-France region and commits the parties to managing and developing the public electricity distribution network until 2051.
The French Energy Regulatory Commission publishes its 2023–2024 report, detailing the crisis impact on gas and electricity markets and the measures deployed to support competition and rebuild consumer trust.
Gathered in Belém, states from Africa, Asia, Latin America and Europe support the adoption of a timeline for the gradual withdrawal from fossil fuels, despite expected resistance from several producer countries.
The E3 and the United States submit a resolution to the IAEA to formalise Iran's non-cooperation following the June strikes, consolidating the legal basis for tougher energy and financial sanctions.
The United Kingdom launches a taskforce led by the Energy Minister to strengthen the security of the national power grid after a full shutdown at Heathrow Airport caused by a substation fire.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.