BEIJING\/SINGAPORE, Dec 17 (Reuters) – China’s total primary energy consumption is expected to peak around 2035, at 5.6 billion tonnes of standard coal equivalent, under Beijing’s recently announced carbon-neutral goal, China National Petroleum Corp’s (CNPC) research arm said on Thursday.<\/p>\n
China, the world’s largest energy consumer and most significant emitter of climate warming greenhouse gases, has vowed to bring its total carbon emissions to a peak before 2030 and to be carbon neutral by 2060.<\/p>\n
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In its annual long-term energy outlook, the research arm of state energy firm CNPC also forecast China’s oil demand to be capped at 730 million tonnes by around 2025.<\/p>\n
Natural gas, an essential bridge fuel over the next two decades with a 2.8% per annum demand increase, will peak around 2040 at 550 billion cubic meters, CNPC said.<\/p>\n
Consumption of coal, currently accounting for 58% of China’s energy mix, will fall sharply from 2025, to 2.9 billion tonnes in 2035 and to 900 million tonnes in 2050, CNPC said.<\/p>\n
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BEIJING\/SINGAPORE, Dec 17 (Reuters) – China’s total primary energy consumption is expected to peak around 2035, at 5.6 billion tonnes of standard coal equivalent, under Beijing’s recently announced carbon-neutral goal, China National Petroleum Corp’s (CNPC) research arm said on Thursday. China, the world’s largest energy consumer and most significant emitter of climate warming greenhouse gases, …<\/p>\n