Here's a fact suitable for the top headline on Yahoo! News' brief global section: China's greenhouse gas emissions are greater than that of all other developed nations, combined, 27% of the total. Not as suitable, the U.S. accounts for 11%. Unsuitable - China's per capita emissions are smaller. Verboten - 100 corporations account for 71% (albeit China Coal is #1 among them, an astonishing 14% of the world's total.)
So what do we do about it? Short of holding said corporations' feet to the fire, of course. Xi Jinping has called for peak emissions by 2030, and carbon neutrality by 2060, goals understandably met with skepticism, granted its energy needs will be rising as much as 50% by then.
"I'm less skeptical than many that China can meet those goals, or at least come close," says Edward Lehman. "For one thing, China is fairly outspending the rest of the world combined on renewable energy. Also, I'm fortunate enough to see that there is great promise in these investments, with much less of the malinvestment characteristic of, say, the real estate sector. We're working with a few new energy companies that have horizontally integrated battery, charging station, hydrogen, and relevant data verticals, with a relatively smooth path to profitability. I think you'll see China actualizing its goal of moving up the value chain in this industry."