If we continue to see the private sector as our savior from climate catastrophe, we'll continue to fail.

And the IEA, for its part, expects China to continue to be the sole meaningful over-achiever. It recently revised upwards by 728 GW its forecast for total global renewables capacity additions in the period 2023–27. China’s share of this upward revision? Almost 90 percent. While China surges ahead, the rest of the world remains stuck.

  • moitoi@feddit.de
    91·
    3 months ago

    China has another advantage. They don’t ask the market or the people of they are fine with the idea.

    In the meantime, US and Europe don’t do anything is because of the neoliberal idea that the market will solve all problems through the magic of capitalism. This has been true for the past 3 decennia now. And, we knew renewable must be a thing.

    • ☆ Yσɠƚԋσʂ ☆
      24·
      3 months ago

      Oh they definitely ask the people in China. Government runs mass surveys of public opinion when deciding on the 5 year plans, and there’s also massive public participation in the government itself. China has 1.4 Billion citizens, and CPC has 90 million members. This comes out to 15.5 citizens to every party member. So, every person in China either personally knows a party member or related to a party member. That’s why the government in China enjoys mass public support and approval the likes of which is unseen anywhere in the west. It’s a government of the people and for the people.