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by ArchTypical 2738 days ago
> China seems to be focussing on renewables rather than falling back on coal.

https://en.wikipedia.org/wiki/Renewable_energy_in_China

China adds renewables as they expand their population, where it makes economic sense.

Unfortunately (for most), this is not a change from the existing course: https://www.bbc.com/news/science-environment-45640706

At least they are getting out of nuclear, so yay? I think it's just backpedaling due to the low standards and high operational risk of many Chinese industries.

1 comments

But with renewable electricity costs falling, these plants are going to be too expensive to compete, and will likely be shut down in the not-too-distant future. This isn't sound financial investing, it's local governments wasting funds to keep up employment, as they so often do in China.