• although renewables (solar photovoltaic and
wind) are rising rapidly in the USA, the pace
is behind China and the absolute value is far
behind;
• electric vehicle (EV) sales growth in the USA is
projected to be similar to China, although China’s very recent adoption of a new energy
vehicle credit policy will likely accelerate
growth; the overall size of the EV market
appears much larger in China, where the government has announced aggressive EV sales
targets of 20% of new vehicle sales by 2025;
• CO 2 emissions decline marginally in the USA,
while they rise in China; both nations will need
Fig. 65 Renewable electricity generation (Reference case) in billion kilowatt-hours. Source EIA (2017)
Fig. 66 Energy-related CO 2 emissions in billion metric tonnes of CO 2 . Source EIA (2017)
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W. Xiaoming et al.