Living in Peace and Wisdom on our Planet

  My Profile  Log In   Register Free Now   
Living in Peace and Wisdom on our Planet Planet Thoughts Advanced       Click to see one of our videos, chosen at random from the database, along with its PlanetThought
 Try a video
Home   About   Books&Media   Resources   Contact  
   News   Quote   Review   Story   Tip   All   Blogs   News   Quotes   Reviews   Stories   Tips
Get Email or Web Quotes
or use our RSS feeds:
New Feed:  Fossil Fuel
 Full  Blog  News
Read & Comment:
A Solar Community In Isr...
'Let's You And Him Fight...
Paul Krugman's Errors An...
Why Climate Change Is An...




Most recent comments:
From Farm To Fork
A Simple List: Things We...
Can the affluent rest at...

Actions:
Bookmark the site
Contribute $
Easy link from your site
Visit Second Life
Visit SU Blog





News item: China Blistering Past US In Green Investment

    Email a Friend     See Related

0 comments   Add a comment   Contributor:  TheTeam (Mar-30-2010)    Play a Video
Optimism: 4 Categories: Economic/Financial, Renewable Energy Sources, Sustainable Living

Wind Power Plant, Xinjiang, ChinaThe Pew Charitable Trusts released a study showing that for the first time, China is leading the United States in green technology investment.  Considering that China is four times the size of US, the study may not be surprising, but the pace at which Chinese investment has increased is certainly shocking.  Five years ago, the Chinese had only invested about US $2.5 billion in green and clean technologies.  But in 2009, that figure had soared to US $34.6 billion, almost twice that of the United States, which lagged at US $18.6.

The Pew study found that countries with strong and clear national policies, mandated clean energy quotas, prioritized loans for renewable energy projects and a carbon market, were leaders in the green technology revolution.  Hence Germany, Brazil, Spain, the UK, and China have the largest clean energy industries when measured as a percentage of their economies.  Countries without such a policy framework are falling behind:  Japan, Australia, and the United States fall into this group.  So when using renewable energies' percentage of a national economy, China comes in third. And the United States?  A laggardly eleventh.

Many factors are at play here.  China has a strong national industrial policy, while the United States is really a federation of 50 different governments, each with a different agenda and often at loggerheads with Washington, DC.  China reaps about 700,000 newly graduated engineers annually, but the United States still struggles educating its students in the sciences.  Finally, as the US Congress has been bogged down in the details over climate change and cap-and-trade legislation, Chinese leaders established aggressive renewable energy targets that aim to cope with China's growing demand for energy.

Whatever the reasons behind China's surging renewable energy investment may be, the Pew's researchers have weakened US leaders' claims that it is unfair to give China and India a "pass" on emission reductions while the US is pressed to reduce its carbon footprint.  Lecturing developing countries to stop dirtying the air rings hallow when it is clear that China, for example, is a leader in technologies like solar and wind.  Visit any large solar technology conference, and Chinese vendors cram exhibit hall space.  Search through Twitter, and Tiny URLs taking you to new Chinese wind energy farms crop up.  While the occasional American touts his tankless water heater, solar water heaters are ubiquitous on house and apartment roofs in China.

While it is easy to fret over these numbers, the Pew data indicate promising trends worldwide.  Renewable energy investments increased 230 percent since 2005; 250 gigawatts of renewable energy has been generated worldwide, creating 6% of the world's energy needs; and the G20 nations' production of renewable energy has climbed 50% in the past 5 years.

But if you are bilingual in Chinese and English and have an engineering background, China may be the land where you can find your fortune.

See original news item: TriplePundit.com, Mar-29-2010  
Related PlanetThoughts.org reading:
  Talk Has Not Halted Biodiversity Loss - Now It's... (Sep-11-2010)

Click one tag to see readings related specifically to that tag; click "Tags" to see all related readings
  
^ top
Add a comment    
  Follow the comments made here? 
  (Please log in or register free to follow comments)

  
^ top 
About contributor Member: TheTeam (PlanetThoughts Team) TheTeam (PlanetThoughts Team)

Member: TheTeam (PlanetThoughts Team) The volunteers of PlanetThoughts.org are happy to give you their best selection of news, opinion, reviews, stories, quotes, tips, and more. We hope you enjoy the reading... and thinking. Thanks!

Love your Planet... Know your Planet.

Visit Green Wave Email Marketing
Email Marketing for You and Your Planet


We won a Gotham Green Award for 2010, on Earth Day! Thank you Gotham Networking for this award.

See the attractive event brochure.

Recommended Sites

  Member of:
GOtham Green networking
Green Collar Economy
New York Academy of Sciences
Shades of Green Network

  PlanetThoughts
     Members/Affiliates *

Approaching the Limits
    to Growth
EcoEarth.Info
Environmental News Network
EESI.org
GreenBiz.com
GreenHomeBuilding.com
Heroin and Cornflakes
NewScientist
ScienceDaily


* Members of PlanetThoughts      
  communities on SU or MBL,      
  and blog article affiliates      

  Other Favorite Blogs
21st Century Citizen
Center for Bio. Diversity
Easy Ways to Go Green
EcoGeek
Good Bags
Opposing Views


Valid my RSS feeds


We Do Follow

ClickBlog.org



  Volunteer      Terms of Use      Privacy Policy  

Copyright © 2020 PlanetThoughts.org. All Rights Reserved.
Except for blog items by David Alexander: Some Rights Reserved.