Renewables are rapidly approaching cost parity. In energy generation, they have arguably already achieved it, even with existing(!) coal(!) power. And China is

Renewables are rapidly approaching cost parity. In energy generation, they have arguably already achieved it, even with existing(!) coal(!) power. And China is actually investing far more into clean energy than richer countries, both in absolute as well as relative terms. One of the reasons is the catastrophic pollution from manufacturing. Others are fuel independence and the goal of becoming a leading manufacturer.