China's 15th Five-Year Plan carbon peaking action plan: 17% CO2 intensity cut by 2030

China's State Council released an action plan for carbon peaking during the 15th Five-Year Plan period (2026-2030). The plan sets a target to cut carbon dioxide emissions per unit of GDP by 17% from 2025 levels by 2030 and raise the share of non-fossil energy consumption to 25%. It covers five key areas including energy structure adjustment, green industrial development, and low-carbon transition in major sectors. The plan is meant to ensure China hits its carbon peak on time and builds a foundation for its 2035 nationally determined contributions and eventual carbon neutrality. For anyone tracking climate policy or carbon markets, this is a concrete signal of China's near-term decarbonization trajectory and the regulatory push behind it.