Taiwan is a key exporter of chips needed for technology and climate-change efforts, such as EVs. The tensions between China and the U.S. risk a potentially large setback to global talks toward curbing climate change.
China says it is canceling or suspending dialogue with the U.S. on climate change, military relations and other topics in a retaliatory strike after a controversial visit to Taiwan by U.S. House Speaker Nancy Pelosi.
The tensions pose significant risk not only for the two essentially “frenemy” nations, but also to international trade and safety. Taiwan is a key exporter of chips XSD, -0.33% needed for technology and climate-change efforts, such as EVs. Plus, the tensions risk a potentially large setback to global talks toward curbing climate change, an effort that will require all major economies to be on board.Here are five factors to know when it comes to climate change and these two economic powerhouses.
Pledges made China, long dependent on coal to power its electric grid, in late 2020 announced a surprise climate-change pledge. Chinese officials said then that the nation was targeting net-zero emissions by 2060 and would aim to hit peak emissions before 2030. President Biden’s administration has set a target of no later than 2050 for net-zero emissions in America, and as a campaign pledge, he said the country can halve its emissions as soon as 2030.
Some observers believe it was Kerry’s convincing at last year’s U.N. global climate summit in Glasgow that helped China see the “urgency” to cut climate-damaging emissions. However, Kerry was unable to persuade China, who teamed up in dissent with India, to significantly speed up a move away from heavy-polluting coal.
At least one foreign policy commentator suggested on Twitter that China’s adding climate change in its Friday action list showed the nation’s lack of conviction on the global issue in the first place.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China fires 'precision missile strikes' in Taiwan Strait day after Nancy Pelosi concludes controversial visitChinese military command announced the successful execution of exercises in the Taiwan Strait, including 'precision missile strikes,' following House Speaker Nancy Pelosi's visit.
Read more »
China begins live ammunition drills near Taiwan after Pelosi visitTaiwan has accused Beijing of violating Taipei's sovereignty and undermining regional stability.
Read more »
China halts climate, military ties over Pelosi Taiwan visitChina said it is canceling or suspending dialogue with the U.S. on a range of issues from climate change to military relations and anti-drug efforts in retaliation for a visit to Taiwan by House Speaker Nancy Pelosi.
Read more »
Pelosi vows US will 'not allow' China to isolate TaiwanUS House Speaker Nancy Pelosi holds talks with Japanese officials during the last leg of her controversial tour to Asia that has drawn Beijing's fury and led to outsized military exercises around Taiwan.
Read more »
Pelosi: China cannot stop US officials from visiting TaiwanU.S. House Speaker Nancy Pelosi said Friday that China will not isolate Taiwan by preventing U.S. officials from traveling there. The Chinese have tried to isolate Taiwan, Pelosi said, including most recently by preventing the self-governing island from joining the World Health Organization. “They may try to keep Taiwan from visiting or participating in other places, but they will not isolate Taiwan by preventing us to travel there,” she said.
Read more »