And the IEA, for its part, expects China to continue to be the sole meaningful over-achiever. It recently revised upwards by 728 GW its forecast for total global renewables capacity additions in the period 2023–27. China’s share of this upward revision? Almost 90 percent. While China surges ahead, the rest of the world remains stuck.
If the company is public, it could be argued that any optimization that isn’t towards short-term profits is harmful to the shareholders and can be used to unseat the relevant executive