Isn’t it because most of their renewable energy sources are produced by themselves, and is cheap as fuck compared to build a new coal plant. Easier to quickly scale solar and wind, rather than building burning plants?
= no need of any labelled and beaurocratic “green budgets” Anymore. Because renewables already IS the prefered energy source. (because of price per MwH)
Good China is committing, maybe check this other article for another contextual framing.
The pace of emissions reduction (about 1% per year) is slower than that of most industrialized nations, and some analysts argue that China’s targets are conditional on favorable economic and technological conditions
Meanwhile China is cutting the green budgets and people forget to talk about that because it’s more fun to use climate action as a political weapon.
Isn’t it because most of their renewable energy sources are produced by themselves, and is cheap as fuck compared to build a new coal plant. Easier to quickly scale solar and wind, rather than building burning plants? = no need of any labelled and beaurocratic “green budgets” Anymore. Because renewables already IS the prefered energy source. (because of price per MwH)
Good China is committing, maybe check this other article for another contextual framing.
The pace of emissions reduction (about 1% per year) is slower than that of most industrialized nations, and some analysts argue that China’s targets are conditional on favorable economic and technological conditions