TIME energy

This Is How Far Ahead of the U.S. China Is on Green Energy

China Glacier
View of Glacier No.1 in Tianshan, Xinjiang Uyghur Autonomous Region, China. TAO Images/Getty Images

At least in terms of dollar investments

Glaciers in western China have receded by nearly 3,000 square miles, state-run news agency Xinhua reported on Wednesday, in a startling acknowledgement of climate change striking closer to home.

Xinhua reports that glaciers in western China have receded by 15% over the past 30 years, according to a climate change study by the Chinese Academy of Sciences. Researchers said they had observed fissures in ice sheets covering Mt. Everest and warned that if the glaciers continued to melt at their current rate, it could severely reduce water flows to Asia’s major riverbeds.

The report comes amid a diplomatic thaw between China and the U.S. regarding climate change negotiations, which have periodically been a source of friction between the world’s two largest carbon emitters. China has bridled at international commitments to cut total levels of emissions, preferring to peg emissions targets to economic growth. But last month the two countries pledged to discuss steeper cuts in emissions.

It may be just talk, but with cities shrouded in thick blankets of smog, food contaminated with heavy metals, and the occasional mass grave of pigs turning up in waterways, China’s policymakers face mounting public pressure to tackle the nation’s soot-stained image.

And appearances can be deceiving. Beneath the pollution scandals, China has raced ahead of the rest of the world in renewable energies with a whopping $54 billion investment in 2013. It is not only the world’s biggest carbon emitter, it is also the world’s biggest supplier of wind, solar and other clean energy technologies.

Clean energy
Source: Pew Charitable Trusts, Bloomberg New Energy Finance

Green on the outside, sooty on the inside, China is uniquely positioned to not only profit from the renewable energy policies in the rest of the world, but test run a few policies at home as well.

 

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