China stays committed and consistentThe benefits of a green energy policy meanwhile are not lost on China -- if partly, out of necessity. In 2016, China accounted for roughly one quarter of the world’s total $329 billion of new energy investment, according to BNEF. (A detailed overview of how China plans to integrate renewable energy into its grid can be found here). As Dr. Xu points out, “climate mitigation is heavily innovation-intensive, demanding countless new technologies and rapid industrial learning and upgrading on energy efficiency, renewable energy, energy storage, smart grid, transportation and so on.”China is piloting the largest carbon-trading system in the world. States like California and New York continue to hold the line when it comes to setting high bars for integrating renewable energy into their electricity generating fuel mix.

Source: Forbes October 17, 2017 16:07 UTC