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. 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.You are right about China keeping options open - the BRI initiative is about improving land transport options in Eurasia.
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.)
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.
Now let's hold reality too it:
https://globalenergymonitor.org/projects/global-coal-plant-t...
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