About 72 percent of China’s electricity is used to power its manufacturing sector. A large part of its industrial electricity consumption—81 percent—corresponds to heavy industries like shipbuilding
Last November, President Obama made a deal with China, pledging that the United States would reduce its net greenhouse gas emissions by 26 to 28 percent below 2005 levels by 2025 and in turn that China would peak its carbon dioxide emissions around 2030 and increase the non-fossil fuel share of all energy to around 20 percent by 2030.(i] According to the International Energy Agency (IEA), this grand deal of Mr. Obama’s means that China will be emitting 2.5 times the carbon dioxide emissions that the United States is expected to emit by 2030.[ii]
