Subscribe to read | Financial Times
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
East Asia is waking up for the climate imperative. However, China, Japan, and Korea are still the biggest coal investors abroad. A race to the top needs to see them dropping their overseas coal addiction.
There has been Qs on whether China is a climate leader. Well, one way to look at it is whether others follow. They clearly do. Within the matter of days, 2 US allies dumped Washington to go Beijing’s way. Let’s have more race to the top climate politics!
In another significant announcement from a major Asian economy, South Korea’s president Moon Jae-in (
) has pledged to reach net-zero emissions by 2050, the
Excellent! And now we need some real action to make it happen!
Dr Sandro Demaio
South Korea follows Japan and China in carbon neutral pledge. #ClimateAction
South Korea follows Japan and China in carbon neutral pledge
South Korea follows Japan and China in carbon neutral pledge "We will replace coal power with renewable energy and create a new market, industry and jobs"
I've been calling for net-zero targets for years (
), but recent (Post-China) wave might be driven more by public diplomacy concerns than by willingness & capability to radically transform national economies