China Accounts For Nearly Half Of The World’s Renewable Energy Capacity

Despite big talk from the West, China is pumping huge amounts of funding into its renewable energy sector as it seeks to become competitive in its green energy operations. Heavy investment in research and development has helped China develop several innovative technologies to support its renewable energy rollout. In addition, government subsidies on electric vehicles (EVs) have helped to increase uptake and build a strong consumer market.  The U.S. has just passed its biggest climate change bill, with $370 billion in subsidies going toward…