China on track to lead in renewables as US retreats, report says

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IEEFA report says China will dominate international investment in renewable technology over the next several decades

China is moving towards becoming a global leader in renewable technology as the US pulls away, a new report has said.

China is the world’s biggest emitter of greenhouse gases and still invests in coal but in recent years it has become the largest investor in domestic renewable energy. The country is now on track to lead international investment in the sector, according to the report by the Institute for Energy Economics and Financial Analysis (IEEFA).

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Link : China on track to lead in renewables as US retreats, report says

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