The Impact Of Renewable Energy In China

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Throughout the last few decades, China has undergone rapid growth and urbanization, resulting in an expanding economy and GDP growth. However, with this growth, China has been titled the world 's largest polluter, accounting for the majority of greenhouse gases emitted into the atmosphere. China 's investment in green technology and renewable energy has made notable progress towards reducing pollution levels and preventing climate change, transforming the nation 's future. Granted, many other factors have led to China becoming the world 's largest investor in renewable energy. As with any investment, China has experienced, and continues to face various challenges ahead. Nonetheless, China has set many goals that will require determination, …show more content…
Globally, China produces 24.7% of all hydroelectric power production, with the Three Gorges Dam (located in the Yangtze River) being the main contributor. The Gobi Desert is home to the most solar farms. In 2015, its capacity was increased by 18 gigawatts (equal to the United States ' total solar capacity). China is known as the world 's largest investor in renewable energy. Worldwide, according to the International Energy Agency, China consists of 40% of renewable capacity growth, while wind and solar energy sectors have continued to grow and expand. In 2014 alone, $90 billion was invested. China 's 12th Five Year Plan (2010-2015), has helped them pursue their goal of renewable energy accounting for 15% of the world 's total energy mix, by 2020. Short-term impacts have been seen regarding coal, China 's most dependent factor for energy at 70%. Recently, the dependence on coal has dropped by 2% from 2014, and is continuing to lower. China also accounts for half of the world 's 80,000 hydroelectric dams. Before the end of 2015, China had already surpassed their goal of 100 GW (gigawatts) of total wind capacity. Additionally, China took steps towards reforming the state-controlled electricity pricing system. The reform states that citizens and business that are more affluent will pay more for …show more content…
In 2014, President Xi and the United State 's President Obama declared that China 's greenhouse emissions would reach their apex by 2030, then begin to decline. Due to China 's progress in 2015, their long term impact has improved, with the prediction dropping to 2025. In 2013, renewable and nuclear energy contributed to 9.8% of China 's total energy, and $54.2 billion was invested. During the first three quarters of 2014, China spent $175 billion on clean energy products, and solar investment reached $12.2 billion. Before the end of 2015, China had already surpassed their goal of 100 GW (gigawatts) of total wind capacity. In 2014, China experienced their first decline in coal consumption, after 15 years of consecutive growth. Major coal industries, such as steel, power, and building materials, have been experiencing overcapacity, as well as strict environmental standards, resulting in a decrease in the use of coal. In 2013, 4.1%, or 74, of China 's cities met the national standard air quality. In 2014, this number increased to 9.9%, with 161 cities meeting the national standard. Short term impacts have been noted as well, with China 's dependence on coal dropping by 8% in the earlier months of 2015. Within the span of 11 years, China has already seen positive short-term impacts. Since 2004, China 's renewable power generation (excluding

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