Solar Boom in China Pushes Clean Energy Investment Higher

In 2017, global clean energy investment reached $333 billion, with China leading the way, particularly in solar energy. China's solar boom is driven by economic factors and government subsidies. Renewable energy, including wind and solar, outpaced fossil fuels in new capacity. While China, the US, and India are advancing, countries like the UK, Germany, and Japan face challenges. The US market remains stable despite policy shifts, focusing on replacing existing energy sources.

Which country led the world in clean energy investment in 2017?

• United States

• India

• Germany

• China

What is one of the main reasons for the solar boom in China?

• Lack of other energy sources

• Government subsidies

• High cost of solar panels

• Decrease in wind energy

How does the new generating capacity of solar and wind compare to coal and gas?

• Solar and wind added more capacity

• Coal added more capacity

• All added equal capacity

• Gas added more capacity

Which countries are identified as cutting back on clean energy investment?

• China, India, United States

• UK, Germany, Japan

• Australia, Canada, Mexico

• Brazil, Russia, South Africa

What challenge does clean energy face in established markets like the US?

• Need to replace existing generation

• High demand for electricity

• Lack of technology

• Excessive government support

What was the impact of the US pulling out of the Paris Accord?

• Increased global investment

• No significant impact on US market

• Immediate decline in US clean energy

• Boost in fossil fuel projects

What is a common trend in clean energy investment across countries?

• Stable investment in fossil fuels

• Decline in all countries

• Fluctuations due to project financing

• Consistent growth every year