2050 Net-Zero Emissions Plan

New

CCUS process application

Industry: fossil fuel equipment

Buildings: household and service industry appliances

Transportation: electric vehicles

427.5 to

Equipment Electrification Forests, soil, ocean CCUS, International Cooperation - 31 ~ -39 Mt Forests, soil, ocean CCUS, International Cooperation -62.7 Mt Net Emissions: 201.2 to 206.6 MtCO2e Achieve Net-Zero target with emissions and absorption Offset by Carbon Sinks None lectricity Electricity Carbon Sinks 27~28 Mt 58~60 Mt 25~28 Mt Coal to Gas, Bioenergy Renewables 60-70% Hydrogen 9-12% Gas + CCUS 20-27% Pumped storage 1% Decarbonized Electricity 0 Mt 9

Buildings

Improving in exterior designs, energy efficiency and appliance energy efficiency standards.

Transportation

Changing in travel behavior, reducing demand for transportation, and electric vehicles.

Industry

Improving in energy efficiency, fuel switching, circular economy, and innovative technologies.

Electricity

Scaling up renewable energy, developing new energy technologies, energy storage, and power grid upgrade.

Negative emissions technologies

Demonstration by 2030. At scale by 2050.