Volts What's going on with China these days?
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Apr 17, 2024 Researcher Lauri Myllyvirta discusses China's progress in clean energy adoption, challenges in balancing renewables and coal, rising energy demand, electric vehicle growth impact on emissions, and economic strategies. The podcast also covers China's dominance in clean tech, industrial decarbonization post-carbon neutrality pledge, and global trade dynamics. Insights shared on aligning economic goals with energy policies, China's complex energy landscape, and external influences on Chinese actions.
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China's Decarbonization Importance
- China's decarbonization decisions are crucial for global climate efforts.
- Their emissions footprint is the world's largest, despite lower per capita GDP than the US.
China's Mixed Energy Expansion
- China is rapidly expanding both renewable energy and coal power, creating a confusing picture.
- It's difficult to get a clear picture from US media reports.
Clean Energy vs. Demand
- China's clean energy growth is substantial but hasn't yet outpaced energy demand growth.
- Although massive, China's 17% wind and solar generation target isn't world-leading yet.