US backsliding on
Paris deal a gift for China
The US exit from the Paris climate pact is a gift to China's ambitions to become world leader on everything from trade to global warming, despite its own mixed record.
The US exit from the Paris climate pact is a gift to China's ambitions to become world leader on everything from trade to global warming, despite its own mixed record.
Beijing
appeared well aware of the opening that it was given as it vowed to uphold the
deal to cut carbon emissions after President Donald Trump's withdrawal from the
agreement.
"We
also hear that our actions and leading role are applauded by the international
community," foreign ministry representative Hua Chunying told reporters on
Friday.
The
remarks came as Chinese Premier Li Keqiang met with European Union leaders at a
summit in Brussels where the two sides moved to fill the leadership void on
fighting climate change.
China
is the world's top polluter but also its biggest investor in renewable energy
and it has pledged to reduce its reliance on carbon-belching coal and clear the
toxic smog from its cities.
The
US retreat from the deal struck in 2015 has given China a chance to snatch the
lead in the global battle against climate change and boost its clout at future
negotiations, analysts said.
It
could also spur Chinese investment in overseas renewable energy projects -- and
expand its political influence -- as poorer countries increasingly look to
their deep-pocketed trade partner for help.
"This
is gold for China. It really puts them in a powerful position," said John
Mikler, an associate professor in international relations at the University of
Sydney.
"The
paradox of the America First doctrine is it's putting America last and China is
taking the lead."
-
'Diplomatic opportunity' -
Beijing's
emphatic support for the Paris deal comes as the world's second-largest economy
promotes itself as a champion of globalisation, capitalising on Trump's
inward-looking stance on trade and foreign policy.
But
President Xi Jinping's claims of welcoming foreign investment have been met
with scepticism from European and American executives who say Beijing should
practise what it preaches and lift unfair market access restrictions.
"It's
become quite clear that China sees the US withdrawal as a diplomatic
opportunity. It has given China an opening to take a more positive role on the
world stage," said Lauri Myllyvirta, a coal and air pollution expert at
Greenpeace.
It
also fits with Beijing's domestic political agenda of being seen to make
efforts to clean up the environment and find new ways to spur economic activity
into the future.
After
years of breakneck growth, China's economy is slowing as it transitions away
from a debt-fuelled investment-driven model to one more reliant on consumer
spending.
China's
overseas investment in renewable energy deals exceeding $1 billion each soared
60 percent to $32 billion in 2016, according to the US-based Institute for
Energy Economics and Financial Analysis, which expects the trend to continue.
California
Governor Jerry Brown is hoping to get on board despite Trump's backsliding on
the Paris agreement.
"We
want to further strengthen our relationship with China," Brown told the
Los Angeles Times on Wednesday before flying to China to attend a clean energy
ministerial meeting.
"The
world is moving in a direction that I want California to be part of."
-
'A black mark' -
But
Beijing's vow to cut back on coal does not necessarily extend beyond its
borders.
While
China's own coal consumption has fallen for the past three years, reducing the
fossil fuel's share of its energy consumption to 62 percent, it has also been
investing heavily in coal projects abroad as part of its Belt and Road
initiative.
The
massive infrastructure plan involves ports, railways, roads, industrial parks
and power plants spanning some 65 countries across Asia, Africa and Europe.
A
study by the Beijing-based Global Environmental Institute found China was
involved in 240 coal power projects in Belt and Road countries between 2001 and
2016, with a total generating capacity of 251 gigawatts.
Pakistan,
for example, is building some 13 coal-fired power plants in different parts of
the country with Chinese assistance that will produce 7,890 megawatts of
electricity.
"If
you ask the developers everything is clean but if you look at the emissions
standards being applied most of these projects generate a lot more air
pollution than is allowed for in China," said Greenpeace's Myllyvirta.
"It
is certainly a black mark against China's track record."
0 Comments
Post a Comment