Friday, July 13, 2018

Apple announces $300 million clean energy fund in China -- CNBC

Meanwhile, in the U.S., Andrew Wheeler, the EPA’s new leader, is a former coal lobbyist (Boston Globe)
""Traditionally China has relied on coal, but in the past several years renewable energy has grown dramatically and is starting to take away part of coal’s market share — and with a strong push from China’s government," Sandalow said.

Thanks to those efforts, China last year installed more solar panels than the rest of the world combined and led the world in wind and hydro-power.

China may be a receptive market for incubating renewable energy initiatives, but for smaller companies with limited resources, transitioning to clean energy can be challenging. Apple hopes the scale of the China Clean Energy Fund will give fund participants greater purchasing power to pivot toward clean energy."
Apple announces $300 million clean energy fund in China -- CNBC

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