China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese ...
It'd be interesting to know how much of that is a mercantilist attempt to capture market share in other countries (i.e., dumping) and how much is reflective of a sincere effort by the Chinese government to address the climate crisis.
I suspect it's the former, since alongside China's renewables investment, China's emissions of greenhouse gases continue to grow, as does its consumption of coal.