Financial Knowledge Issue 28_Carbon Peak Carbon Neutrality

Carbon peak/neutral? Carbon peak/neutral

Learn about carbon peak and carbon neutral carbon peak. It means that at a certain point in time, carbon dioxide emissions stop growing and reach a peak, and then gradually fall back.

Carbon neutral. It refers to the total amount of carbon dioxide emissions produced directly or indirectly within a certain period of time. We use afforestation, energy conservation and emission reduction to offset our own carbon dioxide emissions and achieve "net zero emissions" of carbon dioxide.

Why proposed dual carbon targets:

In September 2020, China announced to the world the goal of peaking carbon emissions before 2030 and achieving carbon neutrality before 2060. "Carbon neutrality" means that an era of development dominated by fossil energy has begun to end, and an era of transition to non-fossil energy is coming. Mainly to deal with the phenomenon of global warming, China has proposed the "3060 dual carbon targets"

What are the impacts of global warming?

(1) Sea level rise, Coastal low-lying countries and regions were flooded.

(2) Leading to an increase in droughts, heavy rains, floods and other disaster events.

(3) Lead to changes in the agricultural economic structure of various countries.

(4) A large number of species have difficulty adapting to the new living environment and become extinct, eventually leading to changes in the original ecosystem.

(5) Global warming will redistribute global precipitation, melt glaciers and permafrost, and raise sea levels, etc., which not only endangers the balance of natural ecosystems, but also threatens human survival.

Investment opportunities: Dual carbon goals, in the long run, will be beneficial to investment opportunities in new energy, energy and material saving, electric energy substitution, circular economy, traditional energy transformation and upgrading, carbon technology and carbon market, etc.