While the west continues to ‘discuss’ how much renewables and when, China has bet the table on being the source of all of it. That’s partly a huge service to humanity as we can thank the early investors for the tremendous cost curve ride we now enjoy for solar panels, batteries and other things. It’s also very worrying as those late to the game will rely on someone else’s tech/products which has security, economic and other implications. It might not be too late.. But government action will be required and fast.
| LinkedIn Top Voice | 100.000+ | Energy - Economy - Sustainability - Climate | Works at IEA, the global leading energy authority | (Views here are personal)
"DOMINATION" is the right word here.. 👇 I am not aware of any other sectors in the global economy having such level of dominance... Such results are very much aligned with results of IEA analysis carried out in previous years and returns a simple message: competing with #China in certain areas is and will be a massive challenge!