For some time I've been worried that the Biden administration's "All of the above" approach (which I believe is also being followed in many countries) means that even though we're making enormous progress in renewables, this won't translate into reductions in fossil-fuel use. So the data from China* is encouraging, but also concerning if…
For some time I've been worried that the Biden administration's "All of the above" approach (which I believe is also being followed in many countries) means that even though we're making enormous progress in renewables, this won't translate into reductions in fossil-fuel use. So the data from China* is encouraging, but also concerning if their coal industry does have enough clout to strangle renewable development.
*net new additions of low-carbon electricity generation will likely exceed energy demand growth, meaning that China’s reliance on fossil fuels for power generation will decline.
For some time I've been worried that the Biden administration's "All of the above" approach (which I believe is also being followed in many countries) means that even though we're making enormous progress in renewables, this won't translate into reductions in fossil-fuel use. So the data from China* is encouraging, but also concerning if their coal industry does have enough clout to strangle renewable development.
*net new additions of low-carbon electricity generation will likely exceed energy demand growth, meaning that China’s reliance on fossil fuels for power generation will decline.