China unveils plan to slash fossil fuels but fails to announce new emissions target
CNNHong Kong CNN Business — China plans to cut its reliance on fossil fuels to below 20% by 2060, according to a cabinet document published in state media Sunday. Thirty years later, China aims to have 80% of its total energy use coming from non-fossil fuels, the document said, according to Xinhua. China should “manage the relationship between pollution reduction and carbon reduction and energy security, industry chain supply chain security, food security and normal life of the people,” the document said, according to Xinhua. It said China should “respond to the economic, financial and social risks that may accompany the green and low-carbon transition” and prevent “overreaction and ensure safe carbon reduction.” – CNN’s Yong Xiong, Laura He and Philip Wang contributed to this report.