China ‘set to lead’ on renewable energy

China will likely achieve, and may even exceed, its target to obtain 15% of its energy from renewables by 2020, according to a new report by an environmental group.

The Worldwatch Institute says that if China’s commitment to diversifying its energy supply and becoming a global leader in renewables manufacturing persists, renewable energy could provide over 30% of the nation’s energy by 2050.

"A combination of policy leadership and entrepreneurial savvy is leading to spectacular growth in renewable energy, increasing its
share of the market for electricity, heating, and transport fuels," said Eric Martinot, a Worldwatch senior fellow and report co-author.

"China is poised to become a leader in renewables manufacturing, which will have global implications for the future of the technology."

Read more about renewable energy in China