The huge scale of investments required to do Net Zero CO2 Emissions would raise China’s GDP by as much as 5% later this decade, with a modest ongoing positive impact due to reduced fossil-fuel imports.
China’s investments would not only drive dramatic reductions in its own CO2 emissions, but would also lower the cost of clean energy, creating a positive “spillover” effect in other countries.
Interesting, thanks for the info. I've read that most of these energy company's value is in fossil fuel reserves they own the rights to. So if we actually were to move on from fossil fuels or even just start or commit to it these companies could literally lose most of there value overnight.