Quote:
Originally Posted by Tinordi
I should have been clearer about China. Renewables are poised to start replacing lost coal capacity starting now in China.
Big capacity retirements are planned in the next 5 years and renewables will be looked to to fill in most of the gap. Renewable capacity additions are planned to account for half of all net capacity additions in non-OECD countries. China will account for 40% of global renewable capacity growth. That's from the IEA.
Globally new renewable capacity acounted for 45% of global net new capacity additions. How is this not huge?
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Well that will make china an environmental leader. Glad to see they are going in this direction. This is what we need, china to start going green. I will watch and see. Five years you say?
Now that that's solved let's start focusing on our neighbors to the south who account for almost 20% of the worlds carbon footprint.