China says only electric cars will be on the road in 2040

China has a coal pollution problem and more electric cars will make it worse.

China is now the world’s largest solar power producer


As it stands, solar energy represents only one percent of the country’s energy output. But this may soon change as China devotes more and more of its attention towards clean energy. The NEA says that China will seek to add more than 110 gigawatts within the next three years, which could help the nation up the proportion of its renewable energy use to 20 percent by 2030. Today, it stands at 11 percent.
China is now the world’s largest solar power producer
Means nothing.

They burn more coal than any other nation.

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Cheaper Solar in India Prompts Rethink for Coal Projects
India’s coal-power plant developers are growing more pessimistic about their projects after a plunge in the cost of electricity from solar panels improved the economics of renewable energy.

After a string of federal auctions, solar is suddenly the cheapest source of electricity in India. That’s darkening the outlook for the coal-fired power industry as projects struggle to find customers or face cancellation amid a glut of capacity.
...Last month, companies including SoftBank Group Corp. of Japan and India’s Bharti Enterprises Pvt. offered to supply solar electricity for 2.44 rupees (3.8 U.S. cents) a kilowatt-hour, a price competitive with market rates and with power from coal plants.

.”" Cheaper Solar in India Prompts Rethink for Coal Projects
Things are improving in China, but they still burn more coal than anyone.

don´t you see the huge revaluation on the way?

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