A new study counts the cost of pulmonary and heart diseases, premature deaths and missed work days from fossil fuel-generated air pollution. China, the world’s largest consumer of coal, is paying a hefty price.
Latest research has shown that new investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China.
The world’s largest greenhouse gas emitter could reach net-zero status by 2050 and deploy a terawatt-scale solar fleet without damaging economic growth in the process, a study has said.
Joint projects worth $27.6 billion are heavily skewed toward fossil fuels and extractives.
As China looks to develop its 14th Five-Year Development Plan, the country has a great opportunity to shift toward a higher-quality and lower-carbon economic development strategy. While China has a relatively high annual GDP growth rate compared with the rest of the world, that growth has been slowing.
Read more: http://www.irena.org/DocumentDownloads/Publications/IRENA_REmap_Synergies_REEE_2017.pdf