China’s state-owned enterprises hold keys to carbon neutrality – AllianceBernstein

With the right policy guidance and financing, state-owned enterprises can help China make progress in its green reform agenda.

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... China has pledged to reach carbon neutrality by 2060 and state-owned enterprises (SOEs) are responsible for half the country’s CO2 emissions. Yet SOEs are also major players in China’s renewable and other low-carbon energy industries. It’s important for investors to understand the ecosystem in which SOEs operate to gain insight on the macro and microeconomic challenges that will determine whether China’s long-term carbon-neutrality plans are successful.

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