Comparing the global energy transition between the USA, China and Europe – Eco di Savona

Comparing the global energy transition between the USA, China and Europe – Eco di Savona

In a world increasingly aware of climate challenges,… Energy transmission It emerges as a pivotal point for the future of our planet. Each continent, with its own policies and investments, charts its path towards a more sustainable future, highlighting the differences and similarities in its environmental strategies. In this article, we compare the United States, China, and Europe. The world’s great powers On different but parallel paths in this crucial transitional process.

China: The energy giant seeks renewal

there China In a unique position in the energy transition landscape. On the one hand, it is the largest producer in the world Greenhouse gasesOn the other hand, it leads global investments in this sector with a staggering allocation of $546 billion. This huge investment is not just a statement of intent, but a well-defined strategy that positions China as a leader in the production of energy technologies. renewableEspecially in the fields of wind energy, solar energy and energy production Electric car. The country aims to reach zero emissions by 2060, an ambitious goal that reflects its growing environmental awareness.

Renewable energy production in China is witnessing unprecedented growth. More than half of the world’s wind and solar power plants, as well as electric cars sold worldwide, are produced in China. This is important Industrial transformation It is part of a broader context of reorienting the Chinese economy towards more sustainable and technologically advanced sectors.

The United States is aiming big: more than $500 billion for an environmentally sustainable future

the United StateFor their part, they have allocated $140 billion to their environmental transition, with the goal of reaching zero emissions by 2050. Inflation reduction law The 2022 plan allocates more than $500 billion to energy security and transition, with a focus on batteries, renewable energy, and transportation. green and electric mobility, as well as carbon capture and storage. These moves indicate a clear desire by the United States to position itself as a leader in the fight against climate change and in promoting a more sustainable economy. continuous And flexible.

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The European Union is investing towards a green vision for 2030

to’ EuropeWith investments amounting to $180 billion in 2022, the country aims to become the first completely carbon-neutral continent. Package “Suitable for 55” The European Union sets ambitious targets for 2030: 42.5% of power from renewable sources and significant improvements in terms of energy efficiency. European policies also include the introduction of a carbon tax on imports (Kbam) from 2026 and banning the sale of new diesel and petrol cars from 2035. By spending a total of €578 billion on climate and green technologies in the period 2021-2027, equivalent to 33% of the total budget, the EU is showing unprecedented commitment in the fight against Climate change.

The European Union is called upon to keep pace with this

It is therefore worth emphasizing the importance of the European Union’s commitment in this regard Energy transmissionEspecially in response to the American inflation reduction law, which strengthened the American role in this field. Indeed, if Europe is slow in adapting to this transformation, it could lead to a loss of competitiveness.

European Union countries must continue to intensify efforts and resources for thisinnovation and production, in order to avoid negative effects on industry and on European strategy growth. Potential danger resulting from inability to properly follow the path of energy transmission at the level European It is a vision Business Moving to the United States, they are attracted by greater incentives, especially in the energy sector Solar.

In short, it is essential that the EU does not lose pace with China and the United States, which are fully engaged in the race for sustainable development, and which therefore define a global context in which falling behind is not a viable option for the EU. .

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Teresa Monaco

Editor @Papernest

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