Massive Clean Energy Investments Propel China's Energy Transition

China is racing toward decarbonization at a rate that few could have predicted. The nation is crushing its competition in terms of clean energy spending, and Bloomberg recently described that a frenzied air of enthusiasm about solar power and electric vehicles in China that “suggests China is nearing an inflection point in its energy transition more than a half-decade before a 2030 target to peak emissions.” To be certain, China is still burning more fossil fuels than almost any other country on Earth, but its turbocharged…