A technician checks the power supply lines at a heating station with clean energy to reduce emission of carbon dioxide in the heating season in Weihai, east China's Shandong province, Nov 12, 2020. (ZHU ZHENG / XINHUA)
LONDON – China is outpacing its rivals in the race to develop new carbon capture technologies, as it pushes forwards with plans to achieve carbon neutrality before 2060, The Times newspaper has reported.
In the last financial year, China generated 81 percent of all new carbon capture patents registered, making it by far the world's largest producer of new carbon capture technologies, the London-based newspaper reported on Monday quoting an analysis from BDO, one of the world's largest accounting and consulting networks.
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In the second place, the United States produced 9 percent of all new carbon capture patents, while Britain lagged behind other industrialized nations in generating only 1 percent, it said.
Of the 203 carbon capture patents registered last year, China produced 164, the US 18, while Britain only two, it added.