No. of Recommendations: 8
Re your question, I just asked google. But it's a valid question so I asked google "how do we know china building coal power plants"
Now do a similar exercise. "Ask Google what percentage of new electrical general capacity in China in 2024 was from renewable sources?" Now do the same exercise for coal.
Pick whatever sources you like, but one of those is an order of magnitude higher than the other (hint: coal isn't the higher one). As investors, we understand rates of growth and the power of compounding.
If you like, you can keep drilling down. Compare the rates of growth over the say, the last five years. Again, one is much larger than the other and it isn't close.