After years of extraordinarily rapid growth, China is now grappling with a slowdown that is causing ripples internally and internationally. The government has supercharged the growth of the renewable energy industry but it has simultaneously poured stimulus funds into construction and manufacturing, and continues to approve coal power.
But carbon dioxide emissions have continued to grow, even as economic growth has slowed due to the fact that China's economic growth during and after the Covid-19 pandemic has been highly energy intensive. Between 2021 and 2023, CO2 emissions grew at an average of 3.8% a year, up from 0.9% a year between 2016 and 2020.
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