Continents are rapidly taking on a key role in mitigating climate change.
A new research report indicates that mainland China, on par with the United States, is rapidly taking on a leading role in addressing global climate change, but the report also warns that global greenhouse gas emissions continue to increase significantly. The report, titled "The Critical Decade: International Action on Climate Change," reviewed actions taken over the past nine months and was compiled by the Climate Commission, an independent body based in Australia. Tim Flannery, a co-author of the report and a key member of the Climate Commission, said that mainland China has halved its electricity demand growth rate, significantly increased renewable energy capacity, and reduced emissions growth at a faster rate than expected. Whatever the reasons, these achievements carry weight. Mainland China has rapidly risen to a prominent position among the leaders in climate change. The report points out that mainland China invested $65.1 billion in clean energy in 2012, a 20% increase from 2011. This is the highest among G20 countries, accounting for 30% of total investment last year. The United States ranked second, investing $35.6 billion in renewable energy. Flannery points out that within a year, global renewable energy has surged, with solar power capacity increasing by 42% and wind power by 21%. In contrast to the surge in global investment in renewable energy, the report shows that global carbon emissions continue to rise strongly, impacting...