China's carbon emissions are likely to start falling next year

“China is the world's largest carbon polluter, and was supposed to still be six years away from peak emissions. The reason for this epochal shift? The country's unprecedented buildout of 300 GW of solar and wind in 2023, almost double its 2022 total. It's the largest ever single year deployment of energy in our species' history. “There’s nothing you can benchmark this against.”

“Inflation Reduction Act resulted in the largest mfgr drive in the US since WW2…commitments of more than $300 B in new battery, solar and hydrogen plants, with GA, MI, TX, TN and KY in the lead.

33 GW of solar was installed, US carbon emissions are set to fall by around 3%, Texas has the fastest pace of clean energy expansion outside China, California's storage capacity has surged tenfold in just 3 years, and 12 states have passed laws requiring a shift to 100% clean electricity.” #climate

2 years ago, 1 in 25 cars sold globally was an electric vehicle. This year it will be 1 in 5, and by 2025, 1 in 2. The IEA now says that electric vehicle sales, like solar installations, are tracking ahead of its net zero scenarios.

In the US, sales were up 50%, and growth in China was even more explosive; 2 in every 5 new cars sold was electric, and gasoline demand peaked 2 years earlier than expected. Oh, and the Tesla Model Y became the best-selling car in the world in 2023.