China Vows Carbon Neutrality by 2060 in Major Climate Pledge (2)

China aims to be carbon neutral by 2060, tightening its target to cut greenhouse-gases, and signaled higher spending on green technologies in the next five years, major pledge in the fight against climate change by the planet’s worst polluter.

President Xi Jinping, speaking during a virtual United Nations General Assembly on Tuesday, also reiterated his goal for emissions to peak before 2030 and urged all nations to work toward a greener economic recovery from the Covid-19 pandemic. While he didn’t lay out details, Xi’s announcement implies China’s emissions will have to sharply decline to reach net-zero in less than ...