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The rise of clean energy in China provides experience for Western countries

/ Friday, 16 August 2024 /

On the 12th,the British media”Dialogue Earth”published an article stating that China is currently leading the development of fields such as solar energy,batteries,and electric vehicles,and the rise of clean energy in China has provided experience for the West.

The article argues that for a long time,China has sought to master localized clean energy technologies and use them as a strategy for local and national economic development.China’s dominant position has emerged through the combination of different policies,among which subsidy policies and national planning are both very important.In addition to subsidies,the government also relies on industrial policies to encourage entrepreneurship and innovation in the clean energy sector.

The article also states that China’s clean energy boom is crucial for climate change,by significantly reducing the costs of wind,solar,battery,and electric vehicles to achieve carbon neutrality.Looking ahead,the scale of the solar and electric vehicle industries is large enough that expanding them globally may require some localization in every region of the world.If more regions can enter the forefront of technology,costs will decrease faster and the global energy transition will accelerate.

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