The fossil-fuels crowd seems to have a thing for China and India. It feels like at least in the U.S., at least half the discussions of clean energy and climate change you see on television end with the anti-renewable voice saying, “Well what about China and India? It doesn’t matter what we do if they keep polluting.”
The world’s first largest economy, China, is stepping up its commitment to renewable energy and working to peak its carbon emissions by 2030.
The rest tends to go to script as, almost without fail, a satisfied smirk the size of Texas then creeps into view as our fossil-fuels friend then leans back in his or her chair. Job done. Mission accomplished. Time to head home and light up a victory-lap Cuban.
But here’s the thing. When we think about the biggest reasons for hope that humanity is finally getting its act together to protect this precious planet of ours from climate change, what comes to mind isn’t the Gigafactory that Tesla CEO Elon Musk is building to revolutionize electric vehicles and energy storage. Or how Costa Rica is committed to going carbon-neutral by 2021. Or the fact that Norway is dropping coal investments from its sovereign wealth fund.
It’s China and India.
The world’s first and third-largest economies in 2015 (measured by purchasing power parity) are both stepping up their commitment to renewable energy and China in particular is also working to peak its carbon emissions by 2030—and aiming to do so sooner. Maybe the most exciting part of all is the fact that this choice isn’t driven by any kind of misguided idealism. It’s a clear-eyed business decision made by leaders looking at the realities of fossil fuels and what they mean for the health of millions of citizens and their respective economies – and recognizing that clean energy is the smart long-term bet.
Admittedly, China’s further along this path than India and both have some ways to go before their power plants are no longer belching dirty coal soot and carbon pollution by the metric ton. But when nations of this size and aspiration begin shifting to new models of development increasingly powered by renewables and seeing it pay off as their economies keep growing, it sends a clear signal to other emerging countries that clean energy can work.
After highlighting some of the countries with a track record of embracing renewables and flourishing today we’re looking at how recent converts to the clean-energy cause are showing over and over that the way to economic success in the twenty-first century is powered by smart technologies like wind and solar. So the next time someone says, “Well what about China and India,” you can say, “Well let me tell you about China and India. And Brazil and Mexico too …”
Let’s start by addressing the elephant in the room right up front: China’s powered much of its remarkable growth in the twentieth and twenty-first century with fossil fuels. So much so that it’s poised to catch up with the US on the list of all-time historical carbon polluters before too long (which does beg the question, does the fossil fuel crowd in China try to end debate with the question, “Well what about the Americans?”).
That said, in recent years, China has become a renewable-energy juggernaut, moving full-steam ahead and showing no signs of slowing down anytime soon. Without the space to single out everything happening in a nation of about 1.4 billion, a few headlines really stand out:
Last year, China led the world in investments in renewable energy, upping its stake in the sector to $89.5 billion.
China also led the world in building new generating capacity from renewable sources like solar, wind, and hydropower.
China keeps setting increasingly ambitious goals for solar year after year and is working to more than triple its solar capacity to 100 GW by 2020.
To put a finer point on it, China set a new record for new wind power capacity in a single year in 2014 and aims to nearly double its already significant capacity to 200 GW by 2020.
Thanks in part to such initiatives, the nation pledged to use non-fossil fuel sources to supply 20 percent of its energy use by 2030 in its recent commitments for the UN climate talks in Paris. In the same set of commitments, China also increased its goal to reduce the country’s carbon intensity by 60—65 percent from 2005 levels by 2030.
We’ve made this point before, but China is choosing to do all of this—and a whole lot more—as the world’s largest economy. With the lives and well-being of nearly 1.4 billion people on the line. And if that’s not proof that clean-energy can work on a massive scale—and that’s before counting all the health and other benefits of addressing climate change in the near term—then nothing could be.
India hasn’t always made the right kind of headlines when it comes to climate change, thanks to the serious amounts of coal powering its economy—and air pollution choking its cities. But what many critics overlook is how the nation is also making some very ambitious commitments to renewable energy. Two things India has going for it are abundant natural resources (read: “lots and lots of sun and wind”) and a strong entrepreneurial culture with a habit of seizing big growth markets. Meanwhile, Prime Minister Narendra Modi has made solar an integral part of the government’s efforts to end energy poverty and bring electricity to every Indian household, including the 300 million people currently living without it. Some clear indicators of this progress include:
Renewables made up about 14 percent of India’s installed energy capacity in 2013 and the nation is looking to quintuple—quintuple—this number to 175 GW by 2022.
As part of this effort, the government recently raised its targets for growing solar by a factor of five, raising its targets from 20 GW by 2022 to 100 GW in the same year.
The country is also the world’s fifth-largest market for wind power, with a cumulative capacity of nearly 22.5 GW installed at the end of last year.
Investors are taking note, pouring $7.9 billion into clean energy projects in 2014. For 2015, this number is projected to surpass $10 billion, a sign of real confidence in the sector’s promise.
To propel these efforts, the Indian government has also introduced a range of forward-looking policies that mandate reductions in energy use from large industries and encourage state electricity providers to use renewables, among other measures. And while there’s no way around the fact that the nation clearly has a long ways to go, the fact that real progress is happening in a nation of India’s size and footprint is a real reason for hope.
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