Something had to give. China has set ambitious clean energy targets, has started to embrace energy efficiency and is considering introducing a price on carbon and a tax on coal mining as a way to reduce its reliance on coal-fired power.
On clean energy, China is building wind farms at a rate we Australians can barely get our heads around. According to the Global Wind Energy Council, last year China installed more than four times the amount of wind power we have in our entire country. In fact China’s total installed wind capacity is almost 30 times what we have here. And Australia’s 62 operating wind farms last year produced enough power for the equivalent of more than a million homes.