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.
Switching to renewables eliminates the strongest commodity on planet earth. No one is richer than oil companies.
There's no money in renewables because what are you even going to charge for beyond the initial investment and maintenance?