Shell says China needs to up its climate game: press Global major Shell says China needs to take quick action to reach carbon neutrality, and is recommending it increase power generation by 60%, Canada’s Globe & Mail reported January 17. China has declared plans to reach peak emissions by 2030, but has not yet revealed a 2060 carbon road map, although it has targeted a carbon price of 1,300 yuan (US$204.79)/metric ton by 2060, compared to an expected price of 300 yuan/mt in 2030. “With early and systematic action, China can deliver better environmental and social outcomes for its citizens...