2024-us-china-state-of-play-briefing-en-d4fa50bda7011968.pdf
Summary
This briefing paper provides a detailed status update as of April 10, 2024, on the climate policies, energy trends, and bilateral engagement between China and the United States. It outlines China's progress toward its 2030 and 2060 carbon goals, the U.S. implementation of the Inflation Reduction Act (IRA) and Infrastructure Investment and Jobs Act (IIJA), and the diplomatic efforts to maintain climate cooperation despite broader geopolitical tensions.
Key insights
- China's CO2 emissions increased by 4.7% in 2023, reaching 12.6 Gt, with energy combustion emissions rising by 5.2%. While total energy consumption grew by 5.7%, the proportion of coal in the total energy mix decreased by 0.7% to 55.3%.
- In 2023, China achieved a significant milestone in power generation: non-fossil energy capacity reached 1.57 billion kilowatts, exceeding thermal power for the first time and accounting for 53.9% of total installed capacity. Consequently, coal power's share of installed capacity fell below 40% for the first time.
- China has implemented several new regulatory frameworks, including the '1+N' policy system for carbon peaking and neutrality, and the relaunch of the China Certified Emission Reduction (CCER) scheme on January 22, 2024. Additionally, the State Council passed the Interim Regulations on the Carbon Emissions Trading Management on January 5, 2024, to provide a legal framework for the national ETS.
- The U.S. is making progress toward its NDC goal of a 50-52% reduction in emissions below 2005 levels by 2030, with 2023 seeing a 1.9% year-on-year decrease in estimated emissions. However, transportation emissions rose by 1.6%, primarily due to recovered jet fuel consumption following the pandemic.
- U.S. energy trends in 2023 showed coal fueling a record low of 17% of power generation. While solar and utility-scale batteries saw record installations, wind power faced challenges from inflation and supply chain issues, leading to the cancellation of a major project off the coast of New Jersey.
- The U.S. government is utilizing the IRA and IIJA to onshore clean technology and reduce reliance on China, with 292 projects announced since the IRA's passage. This includes $7 billion for seven regional clean hydrogen hubs and $3.5 billion for the electric grid.
- Bilateral climate cooperation between the U.S. and China was reaffirmed in the November 14, 2023, Sunnylands Statement, which focuses on energy transition, methane reduction, and forest loss. The two nations agreed to triple renewable energy capacity globally by 2030 and advance five large-scale CCUS projects each by 2030.
Cite the original document
- APA
- World Resources Institute (n.d.). 2024-us-china-state-of-play-briefing-en-d4fa50bda7011968.pdf. https://files.wri.org/d8/s3fs-public/2024-07/2024-us-china-state-of-play-briefing-EN.pdf
- Chicago
- World Resources Institute. 2024-us-china-state-of-play-briefing-en-d4fa50bda7011968.pdf. n.d. https://files.wri.org/d8/s3fs-public/2024-07/2024-us-china-state-of-play-briefing-EN.pdf.
- Wikipedia
- {{cite report |author=World Resources Institute |title=2024-us-china-state-of-play-briefing-en-d4fa50bda7011968.pdf |url=https://files.wri.org/d8/s3fs-public/2024-07/2024-us-china-state-of-play-briefing-EN.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitutend2024uschinastateofplaybriefingend4fa50bda7011968pdf, author = {{World Resources Institute}}, title = {{2024-us-china-state-of-play-briefing-en-d4fa50bda7011968.pdf}}, institution = {World Resources Institute}, url = {https://files.wri.org/d8/s3fs-public/2024-07/2024-us-china-state-of-play-briefing-EN.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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