Posted: Feb 20, 2019 7:58 am
Keep It Real wrote:I didn't know China was doing so well on AGW, but if so I'll bet their nominally communist gov lent a hand in their development and deployment of green tech.
They are doing well, in a way, it would appear, with double the amount of electricity generation than the number 2 country, USA. However:
Although China currently has the world's largest installed capacity of hydro, solar and wind power, its energy needs are so large that in 2015 renewable sources provided only 24% of its electricity generation, with most of the remainder provided by coal power plants.
There are also indeed numerous incentive and lubrication schemes in place to facilitate renewables, implemented by the Chinese gov eg:
The Chinese government is implementing multiple policies to promote renewable energy. From 2008 to January 2012, China held the top spot in clean energy investment.[39] The Renewable Energy Law passed in 2005 explicitly states in its first chapter that the development and the usage of renewable energy is a prioritized area in energy development.[40] The Twelfth Five-Year Plan, the current plan, also places great emphasis on green energy.[41] Detailed incentive policies and programs include the Golden Sun program, which provides financial subsidies, technology support and market incentives to facilitate the development of the solar power industry;[42] the Suggestions on Promoting Wind Electricity Industry in 2006, which offers preferential policies for wind power development;[43] and many other policies. Besides promoting policies, China has enacted a number of policies to standardize renewable energy products, to prevent environmental damage, and to regulate the price of green energy. These policies include, but are not limited to Renewable Energy Law,[44] the Safety Regulations of Hydropower Dams[45] and the National Standard of Solar Water Heaters.[46]