Why are China and India spending billions every year on renewables ?
Why has China reduced it's use of coal from 80% down to 57% of generation ?
" China is the largest producer and consumer of coal in the world and is the largest user of coal-derived electricity. The share of coal in the energy mix declined during the 2010s, falling from 80% in 2010 to 57.7% in 2019.[1][2] "
" India is one of the countries with large production of energy from renewable sources. As of 27 November 2020, 38% of India's installed electricity generation capacity is from renewable sources (136 GW out of 373 GW).[1] "