China's State Council, in its 'Beautiful China' 15th Five-Year plan, mandates accelerated implementation of the national climate strategy to pursue carbon peaking. The plan requires full enforcement of dual controls on carbon total and intensity, prioritizes wind, solar, hydro and nuclear, advances energy-saving and coal-reduction retrofits, and calls for reasonable limits on coal-fired capacity and generation. It directs raising the share of renewable power in consumption by ensuring newly adde

China's State Council, in its 'Beautiful China' 15th Five-Year plan, mandates accelerated implementation of the national climate strategy to pursue carbon peaking. The plan requires full enforcement of dual controls on carbon total and intensity, prioritizes wind, solar, hydro and nuclear, advances energy-saving and coal-reduction retrofits, and calls for reasonable limits on coal-fired capacity and generation. It directs raising the share of renewable power in consumption by ensuring newly added electricity demand is covered by newly added clean power and accelerating development and demonstration of carbon capture, utilization and storage (CCUS) projects.