PublicationJournal Article From PowerPoint to powerplant: Evaluating the impact of the U.S.-China Sunnylands commitment to tripling global renewable energy capacity by 2030

Published:
October 24, 2024
Author(s):
Publication Type:
Journal Article
Abstract:

New analy­sis from Uni­ver­si­ty of Cal­i­for­nia, Berke­ley researchers finds that Chi­na is the only nation on track to triple its renew­able capac­i­ty by 2030, a key goal for lim­it­ing glob­al warm­ing to 1.5 degrees Celsius.

Amid con­tin­u­ing geopo­lit­i­cal ten­sions, cli­mate change remains a key area of col­lab­o­ra­tion between the Unit­ed States and Chi­na. Ahead of last November’s Unit­ed Nations Cli­mate Change Con­fer­ence (COP28), Pres­i­dents Biden and Xi reaf­firmed their com­mit­ment to work jointly—and togeth­er with oth­er countries—to address the cli­mate cri­sis and lim­it glob­al warm­ing to 1.5 degrees Celsius.

Cen­tral to the agree­ment, now known as the “Sun­ny­lands State­ment,” is a com­mit­ment to sup­port­ing efforts to triple the glob­al pro­duc­tion of renew­able ener­gy by 2030. That goal, which is the only quan­ti­ta­tive tar­get in the agree­ment, was pre­vi­ous­ly iden­ti­fied as a key tar­get by the Inter­na­tion­al Ener­gy Agency (IEA) and the Inter­na­tion­al Renew­able Ener­gy Agency (IREA) and agreed to by G20 lead­ers dur­ing their Sep­tem­ber 2023 meeting.

A study pub­lished today in Envi­ron­men­tal Research Let­ters by UC Berke­ley researchers finds that the glob­al growth rate of renew­able and low-car­bon ener­gy capac­i­ty is insuf­fi­cient to meet this tar­get. Using his­tor­i­cal data from IRENA and the IEA, the authors project that Chi­na is by far the clos­est to triple its capac­i­ty by 2030, while the five remain­ing regions—the U.S., Euro­pean Union, the African con­ti­nent, Cen­tral and South Amer­i­ca, and the rest of the world—will fall short.

The cli­mate cri­sis is now an emer­gency of inac­tion on a true ener­gy tran­si­tion,” said co-author Daniel Kam­men, the James and Kather­ine Lau Dis­tin­guished Pro­fes­sor of Sus­tain­abil­i­ty in the Ener­gy and Resources Group (ERG), the Gold­man School of Pub­lic Pol­i­cy, and the Depart­ment of Nuclear Engi­neer­ing. “While some spe­cif­ic poli­cies and the actions of some nations show that a clean, green ener­gy future can be achieved, we must be more sys­tem­at­ic, holis­tic, and aggres­sive in our actions.”

China’s renew­able ener­gy capac­i­ty tripled dur­ing the last decade, a his­toric trend pro­ject­ed to con­tin­ue through 2030. While devel­op­ers of renew­able ener­gy projects in Chi­na may face dif­fi­cul­ty secur­ing financ­ing and inte­grat­ing their projects onto the grid, the coun­try reg­u­lar­ly sur­pass­es its con­ser­v­a­tive tar­gets and is more capa­ble of lever­ag­ing oth­er poli­cies to facil­i­tate nec­es­sary growth.

By com­par­i­son, the U.S. would need to sig­nif­i­cant­ly raise its renew­able ambi­tions to achieve this tar­get. The authors point to the 2022 Infla­tion Reduc­tion Act, which autho­rized $369 bil­lion in new gov­ern­ment spend­ing on clean ener­gy and cli­mate mit­i­ga­tion over the next decade, as one suc­cess­ful pol­i­cy inter­ven­tion capa­ble of bring­ing the U.S. clos­er to its tar­get. While they esti­mate that IRA-linked renew­able ener­gy projects will increase the domes­tic renew­able ener­gy capac­i­ty by a fac­tor of 2 or 3, the U.S. would need to more than quadru­ple cur­rent pro­jec­tions to meet its stat­ed targets.

It’s heart­en­ing to see the expo­nen­tial deploy­ment of the past decade, and 2023 saw by far the biggest gains yet,” said co-author Ari Ball-Burack, a PhD stu­dent in ERG. “Mov­ing for­ward, the U.S. and Chi­na have a respon­si­bil­i­ty to con­crete­ly facil­i­tate renew­ables deploy­ment worldwide.”

Co-author Xi Xi, a grad­u­ate stu­dent in ERG, notes that the great­est chal­lenge the U.S. and Chi­na face will be facil­i­tat­ing and sup­port­ing efforts toward tripling renew­able ener­gy capac­i­ty else­where. Renew­able ener­gy deploy­ment and pow­er sec­tor expan­sion are cru­cial to Africa’s sus­tain­able devel­op­ment goals, yet so much of the continent’s ener­gy devel­op­ment has been his­tor­i­cal­ly under-invest­ed. The IEA esti­mates that more than $200 bil­lion per year of invest­ment by 2030 is required to achieve key ener­gy goals and facil­i­tate a just and inclu­sive cli­mate tran­si­tion. Com­pa­ra­ble lev­els of invest­ment are also need­ed in Cen­tral and South Amer­i­ca and across the rest of the world.

The U.S. and Chi­na oper­ate with­in a glob­al con­text and must proac­tive­ly acknowl­edge and incor­po­rate glob­al per­spec­tives, par­tic­u­lar­ly from the Glob­al South, and active­ly con­tribute to cli­mate mit­i­ga­tion efforts world­wide,” she said.

The researchers assert that although the two coun­tries’ joint dec­la­ra­tion sets an opti­mistic frame­work with which to build last­ing inter­na­tion­al cli­mate coop­er­a­tion, much work remains to lim­it warm­ing to 1.5 degrees Cel­sius. They pro­pose four action­able steps to ensure the Sun­ny­lands tripling com­mit­ment is met:

  • The com­mit­ments must trans­form into deliv­ered funds, with action­able plans to assem­ble and dis­trib­ute funds com­mit­ted to address­ing chal­lenges of cli­mate mit­i­ga­tion and adaptation.
  • Sub­na­tion­al and infor­mal col­lab­o­ra­tions between the two coun­tries and the rest of the world should accel­er­ate tech­nol­o­gy and knowl­edge trans­fer to pro­vide appro­pri­ate, effec­tive, and effi­cient solutions.
  • The two coun­tries should pri­or­i­tize col­lab­o­ra­tion over com­pe­ti­tion. A com­pet­i­tive mind­set could hin­der the devel­op­ment of glob­al­ized sup­ply chains, sig­nif­i­cant­ly increas­ing renew­ables costs.
  • Fos­ter­ing an inclu­sive and col­lab­o­ra­tive cli­mate dis­course inter­na­tion­al­ly is cru­cial for a speedy, just tran­si­tion toward the net zero world and can facil­i­tate and accel­er­ate reforms in mul­ti­lat­er­al insti­tu­tions to ensure just and viable insti­tu­tion­al and finan­cial mech­a­nisms for renew­ables devel­op­ment in the Glob­al South.

Read the full analy­sis in Envi­ron­men­tal Research Letters

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