Bloomberg news:
China's massive deployment of solar, wind and EVs has brought forward 2030 to 2024!
China led the world in installed wind & solar capacity in 2019. It will triple 2019 in 2024.
China has ~300 GW of wind & solar under construction now, perhaps more.
The inevitable and imminent demand destruction for fossil fuels is unfolding as China’s clean energy surge reshapes global markets. With renewables rapidly displacing coal, oil, and gas, the fossil fuel industry is facing a seismic shift.
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