The world’s biggest polluter (China) is now the global leader in renewable-energy spending
http://qz.com/641993/the-worlds-biggest-polluter-is-now-the-world-leader-in-renewable-energy-spending/[font face=Serif][font size=5]The worlds biggest polluter is now the global leader in renewable-energy spending[/font]
March 18, 2016
[font size=3]Twenty years ago Europeans were still teaching China how to draft environmental law.
Thats a direct quote from Nick Mabey, CEO of climate change think tank E3G, in a press release accompanying
the organizations report on renewables this week.
How things have changed. In the past five years, China has become the top investor in renewable energy, far outstripping the European Union, the former market leader.
The country will like overtake the region in installations of new wind and solar technology in the next five years, if its plans hold up, E3G said. In 2015, cumulative sales of electric vehicles in China reached 450,000, 50% higher than in the EU. For the first time in 2014, China spent more on research and development of renewables than Europe.
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