Saturday, October 8, 2011
the green myth from China
Breitbart's Big Peace asks: Is China’s Green Energy A Myth?
"While politicians hawking policies supporting green energy warn that China is overtaking us (the USA) in that race, many forecasters and analysts think China’s green energy future is a myth. While China is putting more money into green energy technologies than the United States, it is doing so for reasons other than securing a green energy future. Rather, it is investing in order to export technology to developed countries promoting green technologies, like the United States and Europe. The laws, policies, and subsidies in the United States and Europe are creating a renewable market for China. For China’s own electric generation program, it is robustly building coal-fired generators, currently getting 80 percent of its electricity from coal-fired generation. Coal is expected to generate more than 60 percent of the country’s electricity for the foreseeable future."
Good point that. Read the rest here.