Cap on emissions: China under more pressure

Cap on emissions: China under more pressure

Singapore: China is under more pressure from developed nations to cut carbon emissions than India as the world’s biggest greenhouse gas emitter will contribute a large chunk of an increase by 2020, CLSA Asia-Pacific Markets said. Carbon dioxide emissions will rise 50% by 2020 and China will contribute 63% of the increase and India 10%, Rajesh Panjwani and Charles Yonts, analysts at the brokerage, said in a report on Tuesday. China’s per capita emission already exceeds the world average, they said.

Thus, while India will continue to add more coal power plants, China will have to take major steps to cut its coal addiction, the Hong Kong-based analysts said.

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