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China has announced its first target to cut emissions in real terms. What does it mean for Australia?

With China accounting for nearly a third of the world’s total emissions, any cuts it achieves will make a substantial difference for the world – and for fossil fuel exports

Anything China does on energy and climate change is very big news. Its plans ripple around the world, whether that’s in changing the demand for fossil fuels or affecting the impacts on the planet from global heating.

On Thursday, Australia woke to the news that China’s president, Xi Jinping, had told the United Nations that for the first time his country was setting a target to cut – in absolute terms – its greenhouse gas emissions.

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