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2023 made it very clear that China knows the stakes and also sees an opportunity with owning the clean tech future. They built more renewable energy just last y
by davis 3y ago
2023 made it very clear that China knows the stakes and also sees an opportunity with owning the clean tech future. They built more renewable energy just last year than has been installed in all of the United States in its history. BYD just passed Tesla as the biggest producer of EVs. The opportunity is there and with China's faltering economy that was propped up by housing, I expect Xi to do all he can to be the provider of the world with renewables.
- Clubber 3y ago>2023 made it very clear that China knows the stakes What happened in 2023? https://www.macrotrends.net/countries/CHN/china/carbon-co2-emissions https://www.macrotrends.net/countries/CHN/china/carbon-co2-e...
- davis 3y agoYou have to burn carbon to build renewable energy components if you don't have enough energy from existing solar + wind; I don't know what you expect. But now they have ~500GW of energy to build next year's >>500GW [1]. It's an investment and every year it pays off. China's emissions peak wasn't supposed to happen this decade but that has been revised [2] 1: https://www.reuters.com/world/china/chinas-solar-capacity-expected-hit-1000-gw-by-2026-rystad-energy-2023-09-12/ https://www.reuters.com/world/china/chinas-solar-capacity-ex... 2: https://www.reuters.com/world/china/chinas-carbon-emissions-set-peak-before-2030-expert-poll-2023-11-21/ https://www.reuters.com/world/china/chinas-carbon-emissions-...