That’s certainly my read from afar as well. The current administration in China has significant challenges, but does appear to be cracking down on corruption. Of course, authoritarian regimes often start out appearing virtuous, and the country is more rather than less opaque, so ground truth can be different.

As I was saying to someone recently, I’m humble about my knowledge of current conditions in China. It’s only until a couple of years have passed that I feel comfortable saying that something is or isn’t true about it. And I look for multiple sources to confirm things as well.

But to that point, they have had challenges getting the provinces to back away from coal because of conflicting targets, and as a result have built a lot of coal plants that are running at low capacity factors. One set of targets called for wind, solar and nuclear, and another set of targets called, if not for coal plants, measures which favored building a bunch of coal plants.

No government or country is perfect, and China has significant stains on its current record, but at least around the measures I outlined in the article, they are working hard and fast compared to virtually any other country or group of countries in the world.