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How China Pulled So Far Ahead on Industrial Policy (www.nytimes.com)

submitted 5 months ago by [email protected] to c/[email protected]

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But no country has come close to matching the scale and tenacity of China’s support. The proof is in the production: In 2022, Beijing accounted for 85 percent of all clean-energy manufacturing investment in the world, according to the International Energy Agency.

Now the United States, Europe and other wealthy nations are trying frantically to catch up.

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[–] [email protected] 0 points 5 months ago

They're actually manufacturing (and installing) huge amounts of wind and solar — It's just that they haven't actually done so at a pace sufficient to start displacing coal burning.