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China is also building enough renewable power than their grid expansion rate leading to a structural decline in CO2 emissions [1]. At the same time the utiliza
by ViewTrick1002 3y ago
China is also building enough renewable power than their grid expansion rate leading to a structural decline in CO2 emissions [1]. At the same time the utilization factors of the coal plants reduce each year.
This is driven purely by economic factors, for the first time since the discovery of fossil fuels, except the blip where we dammed up pretty much every single river globally to provide hydropower, we have in renewables have found a new cheaper energy source.
Renewables are cheap energy.
[1]: https://www.theguardian.com/business/2023/nov/13/chinas-carbon-emissions-set-for-structural-decline-from-next-year https://www.theguardian.com/business/2023/nov/13/chinas-carb...