The scale of Chinese production since 2010 has driven the price of these technologies down by 60 to 90 percent, the researchers found. And last year, more than 90 percent of wind and solar projects commissioned worldwide produced power more cheaply than the cheapest available fossil-fuel alternative, they said. That cost advantage might have seemed laughable before China began pumping billions of dollars of subsidies into the sector.
I know a few people who drink the right wing coolaid and hate renewables, but they also think China is a great place and outsmarting western democracies at every turn. Cognitive dissonance is a hell of a drug.
Good thing solar and other renewables are still going strong some placed at least.