David Fishman on Power, Politics, and a Mega-Dam: Inside China's Energy Sector - Baiguan Radio #43

China defines clean-energy leadership as exporting decarbonization tech at scale, not phasing out its own coal-heavy grid.

• Definition matters: Fishman argues China's 'clean energy leadership' means enabling other countries' decarbonization via mass tech exports (solar, batteries, EVs), not a fastest-domestic-decarbonization race — coal still supplies ~51-52% of China's 2025 generation.
• Underpromise, overdeliver: Targets are negotiated back-and-forth between policymakers and industry rather than imposed top-down, producing goals that recent build-outs have repeatedly beaten, per Fishman.

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