While Australia is falling behind its renewables installation targets, China may meet its end-of-2030 target by the end of this month, according to a report.
What's next?Energy experts are looking to China, the world's largest emitter and once a climate villain, for lessons on how to rapidly decarbonise.
While Australia debates the merits of going nuclear and frustration grows over the slower-than-needed rollout of solar and wind power, China is going all in on renewables.
New figures show the pace of its clean energy transition is roughly the equivalent of installing five large-scale nuclear power plants worth of renewables every week.
A report by Sydney-based think tank Climate Energy Finance (CEF) said China was installing renewables so rapidly it would meet its end-of-2030 target by the end of this month — or 6.5 years early.
It's installing at least 10 gigawatts of wind and solar generation capacity every fortnight.
By comparison, experts have said the Coalition's plan to build seven nuclear power plants would add fewer than 10GW of generation capacity to the grid some time after 2035.
Energy experts are looking to China, the world's largest emitter, once seen as a climate villain, for lessons on how to go green, fast.
Source: www.abc.net.au
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