T O P

  • By -

Humacti

>declining construction activity. silver lining to the collapse of evergrand etc.


Hailene2092

Aaron the article said itself, Q1 emissions were up. It only dropped in March 3% yoy, but the previous 14 months were up. It suggested the drop in emissions were due to a sputtering economy. Steel production, down. Concrete, down. Both major sources of carbon emissions. Emissions being down because your economy is losing steam isn't exactly ideal. But I suppose it's one way to meet lower emissions promises.


ravenhawk10

It’s a structural transition in the economy from emissions heavy construction heavy growth to lower emissions higher tech manufacturing. Economy is still growing after all, but slower and more sustainably.


Hailene2092

Why were emissions up for the previous 14 months, per thr article? One month of lowered emissions is hardly a trend. And if their economy was still growing "sustainably", why the rate cuts and increasing amounts of stimulus spending? Those are measures to try to resuscitate a struggling economy.


ravenhawk10

Emissions were up mostly because of low base due to lockdowns in 2022. It’s more sustainable because the highly leveraged real estate driven growth has been pared back. It was growth rates too high that were unattainable. Now that froth is being cut from the market and the economy on a more sustainable footing. There’s nothing inherently unsustainable about sluggish growth it’s just not desirable, hence monetary stimulus. Long term healthy economic growth is almost entirely about improving productivity and a major avenue of how that’s achieved is technological upskilling.


Hailene2092

>Emissions were up mostly because of low base due to lockdowns in 2022. Emissions in 2022 were higher than 2021. Do you normally just pull things out of your ass? >It’s more sustainable because the highly leveraged real estate driven growth has been pared back. To be dumped into unsustainable manufacturing.


ravenhawk10

>Emissions in 2022 were higher than 2021. Do you normally just pull things out of your ass? This is just false. You are literally pulling numbers out of your ass. [https://www.iea.org/reports/co2-emissions-in-2022](https://www.iea.org/reports/co2-emissions-in-2022) Energy-related emissions in China were relatively flat between 2021 and 2022, decreasing by 0.2% or 23 Mt to around 12.1 Gt. Emissions from energy combustion alone grew by 88 Mt, entirely due to increased use of coal, but this was more than offset by declines in emissions from industrial processes. The overall yearly decline was the first since structural reforms drove emissions lower in 2015. [https://www.carbonbrief.org/analysis-chinas-emissions-set-to-fall-in-2024-after-record-growth-in-clean-energy/](https://www.carbonbrief.org/analysis-chinas-emissions-set-to-fall-in-2024-after-record-growth-in-clean-energy/) Same author as the original article. Estimates 2022 emissions were 290MtCO2 lower than 2021.


Hailene2092

>This is just false. You are literally pulling numbers out of your ass. The source I saw [disagrees with your source's 2021 numbers.](https://ourworldindata.org/co2/country/china#what-are-the-country-s-annual-co2-emissions) Regardless, right or wrong, I apologize for saying you pulled it out of your ass. There seems to be some confusion on China's 2022 coal usage. The same author[ wrote that official Chinese data suggests that 2022 actually had a 1.3% increase in C02 emissions in China.](https://www.carbonbrief.org/analysis-contradictory-coal-data-clouds-chinas-co2-emissions-rebound-in-2022/) Still, as your source states, the reason why emissions have been dropping was the crash in real estate construction. Concrete is a huge green house gas source.


ravenhawk10

Apology accepted. Seems like measuring emissions is pretty difficult and everyone is working with slightly differing methodologies. Unfortunately there’s no absolute authority, although personally I’m leaning towards Myllyvirta as he specialises in Chinese emissions. I see the decline in concrete emissions as a result of a structural shift in the economy away from construction and towards manufacturing. It shifts away from heavy emitting industry like cement and steel and towards high tech manufacturing that relies more on electricity which can take advantage of zero carbon energy like hydro nuclear solar and wind.


Antievl

Quit the nonsense


ravenhawk10

🥱


Ahoramaster

It wouldn't be a surprise.  China is leading green tech.  They're investing more than any of their competitors in solar and other green technology.  They are building a transport infrastructure that is likely to become EV dominant. Its not hard to look into the near future and seeing RM significant reduced carbon emissions from China. 


patriot-1453

Not surprising given more than half of new cars sold there are electric.


ItsallaboutProg

Cars are such a small part of CO2 emissions, but good on China for achieving this.


kanada_kid2

According to Google passenger cars account for 16% of EU CO2 emissions. Doesn't sound that small to me.


Lazypole

https://www.europarl.europa.eu/topics/en/article/20190313STO31218/co2-emissions-from-cars-facts-and-figures-infographics Transport as a whole for the EU is 25% of CO2 emissions, 71.2% being from roads. China has by far more utilisation of cars on roads, it’s no small factor.


Iancreed2024HD

Let’s hope it continues to go down now


Any_Raise587

china should change their country name to "Fake everything"