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Resumen de We should look to China for renewable success

Michael Le Page

  • LePage suggests the need for developed countries to look to China's renewable success as well as the need the to step up and boost investment if there is to be any chance of success. LePage explains that it is important to point out that because the cost of building wind farms and solar plants has fallen, every buck spent today creates far more electricity-generating bang than a decade ago. But if investment in developed countries had remained at 2011 levels, the world would be getting a lot more of its electricity from renewable sources than it is now. And that matters, despite the $3 trillion spent globally since 2004, just 12 per cent of the world's electricity came from renewable sources in 2017, compared with 5 percent in 2005, excluding large hydroelectric schemes and nuclear plants.


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