Investment in China’s green energy sector could amount to 60 trillion yuan ($9.17 trillion) as the world’s biggest carbon emitter looks to achieve its target of carbon neutrality in the next 40 years, one of the nation’s leading investment banks predicted.
China to Pour $9 Trillion Into Green Energy by 2060, Bank Says
2021年03月26日 19:41
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China International Capital predicts installed solar power capacity may jump 40-fold as Beijing goes all out to achieve carbon neutrality in world’s biggest emitter
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- Even though the production costs of renewables remain high, CICC predicted the prices could be equivalent to that of coal by 2028, and then fall below that of fossil fuels by 2030. Photo: VCG
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