Rich nationsÂ’ emission targets too low: China
BEIJING, CHINA - China's top climate envoy said the nation's carbon intensity target was a step toward a peak in emissions output, adding that developed nations had set themselves goals that were too lenient to tackle global warming.
Xie Zhenhua, deputy head of the powerful National Development and Reform Commission, also said that developed nations needed to offer more financing and technology to help poorer countries tackle climate change.
"So far we have not seen concrete actions and substantive commitments by the developed countries," Xie told a news conference in the Chinese capital.
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Report: Solar ITC Extension Would Be ‘Devastating’ for US Wind Market
WASHINGTON - The booming U.S. wind industry faces an uncertain future in the 2020s. Few factors are more important than the fate of the solar ITC.
An extension of the solar investment tax credit (ITC) at its 30 percent value would be “devastating” to the future U.S. wind market, according to a new Wood Mackenzie report.
The U.S. is on track to add a record 14.6 gigawatts of new wind capacity in 2020, and nearly 39 gigawatts during a three-year installation boom from 2019 to 2021, according to Wood Mackenzie’s 2019 North America Wind Power Outlook.
But the market’s trajectory begins to look…
