China is leading the way in renewable energy production, surpassing all other countries in this field. According to Global Energy Monitor, a non-profit organization, China is responsible for almost two-thirds of all large-scale wind and solar power construction. This is a significant achievement, especially when compared to the United States, which is the second-largest climate polluter in the world. While the U.S. is preparing for a second term under President Donald Trump, who has dismissed climate change as a hoax, China has taken a different approach.
China has made it clear that it intends to be a leader in manufacturing and selling climate solutions globally. This is evident in their efforts to spread clean energy technologies to developing countries. For instance, Chinese-made electric vehicles are now available in countries like Colombia, the Dominican Republic, and Kenya. This has not only been beneficial for China’s economy, but it has also helped improve their reputation and the environment.
However, despite China’s progress in renewable energy, the country still heavily relies on coal for more than half of its power. This is a concern, as coal is the dirtiest fossil fuel. As world leaders gather at the annual United Nations climate summit, China’s role in climate diplomacy and investments is becoming increasingly important. With the U.S. potentially losing its influence under a lame-duck Biden administration, China is signaling its willingness to take on a larger role in these areas.
China’s long-term investments in climate solutions have not only been good for the planet but also for its economy. As the country’s economy faces a slowdown, the climate and energy sector has been a bright spot, providing much-needed growth and stability. This has put the U.S. at a disadvantage, as it struggles to compete with China in these industries. As Li Shuo, director of the China climate hub at the Asia Society, points out, the U.S. cannot win in a “table tennis game” with China when it comes to climate investments.
In conclusion, China’s leadership in renewable energy production and investments in climate solutions have been beneficial for both the country and the planet. While there are still concerns about China’s reliance on coal, its efforts to spread clean energy technologies globally and its commitment to climate diplomacy and investments make it a key player in the fight against climate change. As the U.S. faces challenges in this area, it is clear that China’s steady and long-term investments will make it difficult for the U.S. to compete in these industries.