Saturday, March 18, 2017

China proving that #renewables mean #growth

ABO: "Today the country's total installed capacity from coal is over 900 GW, and another 200 GW will soon be added. According to Laura Cozzi, the IEA’s principal analyst, coal will continue to supply over half of Chinese energy consumption at least until 2030. Nonetheless, a new course is being charted for Chinese coal, with plans to cut 2,400 million t from obsolete plants by 2020 and develop "clean coal" through the use of carbon capture and storage technology (CCS) for an annual output of 500 million t. At the same time, the government is betting on renewables by bringing their share of China's energy mix up to 30% during the same period."

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