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.
They may be an authoritarian surveillance state, but at least they’re not a mentally ill death cult who worship pedophiles.
They have a long term vision and the means to see it through. Sometimes that too ends badly but for some things it works better than aiming for next quarter or next election.
That we know of