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8 reasons why China will become the leader in renewable energy- Part 2

6) China alternative energy is intended to represent 8 percent of its total electricity generation capacity in the form of solar, wind, and biomass energy by 2020. This more than doubles the current 4 percent. Roughly 70 percent of China’s capacity will still be provided by coal, with hydropower and nuclear making up the rest.

7) China’s leaders are focused on the country’s energy policy. The government has recently announced the establishment of a National Energy Commission, which will consist of cabinet ministers. Regulators have set mandates for companies that generate power so that they use more alternative energy sources. Also, generous subsidies have been given to consumers wishing to install solar panels or their own solar water heaters.

8) Alternative energy is probably doing more favors for China’s economy rather than its environment. But in any case, the total generation of energy in China is set to surpass the by 2012, and most of the capacity added will be from coal.

In conclusion, while Americans continue to think that they dominate the largest markets in the world in many industries, the market for power generation equipment in China quietly dwarfs that of the U.S. Although it should be said that the United States market is more mature, Chinese producers can produce goods at much more competitive prices.

For more information on alternative energy in China, click here:
en.wikipedia.org,
www.nytimes.com

The information supplied in this article is not to be considered as medical advice and is for educational purposes only.

6 Responses to “8 reasons why China will become the leader in renewable energy- Part 2”

  1. 1
    jake Says:
    China is the world largest user of solar energy. Something like 30 million households have solar powered heaters...which is around 60% of the worlds solar hot water heating capacity.
  2. 2
    jake Says:
    China is the world largest user of solar energy. Something like 30 million households have solar powered heaters...which is around 60% of the worlds solar hot water heating capacity.
  3. 3
    mike Says:
    Green policy or not, the country generates around 60% of its electricity from coal. It plans to build more than 550 coal plants in the next few years, and an average of 2 are opened every week. Doesnt sound very green to me.
  4. 4
    mike Says:
    Green policy or not, the country generates around 60% of its electricity from coal. It plans to build more than 550 coal plants in the next few years, and an average of 2 are opened every week. Doesnt sound very green to me.
  5. 5
    jason Says:
    China is currently the world biggest emitter of Co2, although the per capita emmissions are small compared to the US. The CO2 emmisions in the country are growing by around 10% a year. The good news, though, is that china was the first developing country to develop a green energy policy, and its effects and now starting to be seen.
  6. 6
    jason Says:
    China is currently the world biggest emitter of Co2, although the per capita emmissions are small compared to the US. The CO2 emmisions in the country are growing by around 10% a year. The good news, though, is that china was the first developing country to develop a green energy policy, and its effects and now starting to be seen.