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Chinese spending on renewable energy dwarfs its rivals, with over $800 billion — or 4.5% of its GDP — invested last year, according to BloombergNEF. That is a
by 0cf8612b2e1e 2y ago
Chinese spending on renewable energy dwarfs its rivals, with over $800 billion — or 4.5% of its GDP — invested last year, according to BloombergNEF.
That is a mind boggling level of commitment.
- ivewonyoung 2y agoRenewable energy cannot be blocked as easily as the Malacca Strait can be
- freefrog334433 2y agoIndonesia and Malaysia are both BRICS+ members, and Singapore is pretty pro-China. Trump said he was talking to countries about inspecting Iranian ships passing through the Malacca Straits, and I'm guessing he meant Singapore, and probably got the thumbs down. You are right about China keeping options open - the BRI initiative is about improving land transport options in Eurasia.
- hollerith 2y agoIndia however is allied militarily with the US and can control what ships transit the strait from its bases in the Sentinel Islands. Also, the US Navy can project a lot of power into the Indian Ocean and Western Pacific. Beijing's being worried about an interruption of it supply of oil would explain why they continue to build coal generating plants at a fast rate in addition to solar plants. (China has plenty of coal.)
- PaulKeeble 2y agoAt this point its what its going to take. All those warnings in the 1980s about the cost going up the later we leave it, well this is the moment of the suicide burn and if we miss it humanity is going to crash into a >2 C world and that isn't pretty.
- Barrin92 2y agoIn practical terms, in the first six months of 2024 China added as much additional renewable capacity as the entire UK consumes in total in a year. When I was in Zhengzhou at the end of last year I got the chance to do a tour around the new BYD factory's construction site, entire complex is about as large as SF. For people who get a chance to visit the country looking for tours by the large manufacturers if you're into engineering is a really cool thing.
- ashoeafoot 2y agoIts also largely based upon reporting by the party. Now let's hold reality too it: https://globalenergymonitor.org/projects/global-coal-plant-tracker/tracker/ https://globalenergymonitor.org/projects/global-coal-plant-t... blue dots
- snapcaster 2y agoThis isn't contradicting what OP said though? it can be true that they're building tons of renewable energy AND building lots of coal plants