Dear MEL Topic Readers,
China is the clean energy superpower, but there’s another snapping at
its heels — and it’s moving even faster
Superpowers of the economy are also the largest contributors to greenhouse
gas emissions. If you look at the top three countries of greenhouse gas
emissions (GHG), China emits about 30%, the USA 11%, and India 8% of the world's
GHG. But if you compare China and India, whose populations are about 1.4
billion respectively, India emits much less GHG per capita than China. Will
India emit as much GHG as China does now when its economy grows to the same
level? Presently, India is burning a lot of coal to generate electricity to
meet the growing demand, but it is also the world’s third-largest solar power
producer. Also, the country is replacing more electric vehicles, three-wheel rickshaws,
and motorcycles on the road with electric ones. Recently, because of Chinese companies'
fierce competition and over-capacity, the costs of solar panels, wind turbines,
and batteries have become economically advantageous over fossil fuels, and India
is adding renewable energy faster now. Another incentive towards renewable
energies is that domestically generated renewable power helps India become less
reliant on other countries for fossil fuels. New economies are growing with renewable
energies.
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