Ep. 7: Why China's ahead in the green energy 'gold rush'

China has bet big over the past couple of decades on how building up its renewable energy sector -- solar panels, wind turbines, electric vehicles and their batteries, and the metals and minerals that make them all possible -- will help China achieve a dominant global position in an essential field.  So far, with intensifying climate change making the need to speed the transition from fossil fuels to renewables ever more urgent, China is winning that bet. 

China's efforts, with fierce competition within its private sector spurred by government incentives, have driven down the global cost of solar panels and electric vehicles, and have given China a near-monopoly globally on processing rare earths, and in mining and processing nickel, cobalt, magnesium and more. 

This episode focuses on the story of how China achieved this lead in the green energy 'gold rush', and what the West is now doing to try to catch up, with guest Henry Sanderson, author of VoltRush: The Winners and Losers in the Race to Go Green.  A former correspondent in China for the Associated Press and Bloomberg, a commodities reporter for The Financial Times and current executive editor for Benchmark Mineral Intelligence,  Sanderson reported on the ground for from lithium fields in Chile to cobalt mines in the Congo, on the environmental trade-offs of mining minerals for renewable energy, on promising alternatives, and on what the West and the rest of the world can learn from China's experience as an early leader in green energy.  Sanderson is also co-author, with The New York Times’ Michael Forsythe, of China’s Super Bank: Debt, Oil, and Influence -- How China Development Bank is Rewriting the Rules of Finance.  

The China Books Podcast is a companion of China Books Review, a project of Asia Society’s Center on U.S.-China Relations and The Wire, a digital business platform that also publishes The Wire China. For any queries or comments, please write to editor[at]chinabooksreview.com.