SINGAPORE, Nov 14 (Reuters) - China's greenhouse emissions could start going into "structural decline" as early as next year as power generation from fossil fuels starts to fall, analysis from the Helsinki-based Centre for Research on Energy and Clean Air (CREA) showed.
However, CREA's lead analyst, Lauri Myllyvirta, said emissions could start to go into "structural decline" as early as 2024, despite an estimated rebound of 4.7% year on year in the third quarter of 2023.
Factors such as record levels of new renewable installations, a rebound in hydropower generation and a moderate economic recovery that has not relied on infrastructural investment "all but guarantee" a decline in China's CO2 emissions next year, he said.
"This would push fossil fuel use - and emissions - into an extended period of structural decline."
Editing by Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Persons:
Xie Zhenhua, Lauri Myllyvirta, David Stanway, Gerry Doyle
Organizations:
Research, Energy, Clean, Carbon, Thomson
Locations:
SINGAPORE, Helsinki, Dubai