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world14h ago
China ‘is not just talking, it's walking the walk,’ say green industry leaders on why the eastern superpower is a new leader in climate action | Fortune
- Green leaders say China is not just talking about climate action, it is walking the walk with real initiatives.
- China’s climate leadership is underscored by its large-scale production of key green technologies like solar panels and batteries.
- U.S. climate influence waned at COP as the U.S. pulled back from the Paris Agreement, shifting spotlight to other leaders.
- Panelists say climate diplomacy is now driven by a broader set of actors, including Global South nations and regional leaders.
- Officials argue that scale lowers the green premium as renewables become cheaper with mass production.
- Industry executives frame climate action as a strategic business advantage, not just a cost.
- Local and regional governments in the U.S. showcased climate leadership through targeted action despite national shifts.
- The Fortune Innovation Forum in Kuala Lumpur served as a platform to highlight China’s climate actions and industry leadership.
- Ying Staton of Plastic Energy emphasizes that renewable energy costs have declined with scale and experience.
- The discussion linked climate action to profitability, arguing businesses are the easiest stakeholders to influence.
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