China is making greater and faster strides than expected away from fossil fuels — becoming the world’s largest investor in solar and wind technology
suggesting that if China continues to fully implement the policies that it already has in place to cut coal consumption — and ramps up its energy efficiency efforts — the nation could cap its coal consumption by as early as next year.
“We are not choosing to do very many of these things at scale, and others are,” he said. “Those kinds of questions are going to be what will dictate the future in terms of economic competitiveness. And it will not just be because of climate change. It will be because that's where the world is going. That's where technology is moving. And if you're not playing in that space, you're not going to be a winner.
A man works on a solar panel project on the roof of a 47-story building in a new development on May 15, 2017 in Wuhan, China. | Kevin Frayer/Getty Images
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