telesur | 06 January, 2017
In a bid to assert its leadership on climate change with an incoming U.S. administration that is hostile to climate science, China announced Thursday it will invest US$361 billion into renewable energy production by 2020.
The world’s most populous country, biggest polluter and largest energy market continues to shift away from dirty coal power toward cleaner fuels and is planning to invest by supporting industries such as wind and solar.
The investment will create over 13 million jobs in the sector, the country’s National Energy Administration said in a document that lays out its plan to develop the nation’s energy sector during the five-year 2016 to 2020 period.Read More »