John Grimes, the Smart Energy Council CEO who also attended, said Australia could learn from the Chinese government’s ability to execute a long-term, difficult and costly transition plan, rather than relying on market forces to find a solution.
You don’t say?
The CEF’s Xuyang Dong said despite the country’s reliance on coal, “having China go green at this speed and scale provides the world with a textbook to do the same”.
“China is installing every week the equivalent of what we’re doing every year.”
Despite this speed, China wasn’t installing renewables fast enough to meet its 2060 carbon neutrality target, she added.
“According to our analysis, [the current rate of installation] is not ambitious enough for China.”
if china can’t do it, the rest of the world has no chance
but incredible things are happening in china
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