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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (8839)	6/2/2009 12:36:58 PM
From: RetiredNow	Read Replies (1) \| Respond to of 86356

They are going to spend most of the money on wind, solar, and nuclear, with wind benefiting the most. The fact is that the traditional excuse for us to do nothing, blaming China for doing nothing, no longer applies. They are moving full steam ahead and leaving us in the dust. We have no excuses left. China plans $562b green energy stimulus thefinancialexpress-bd.com BEIJING, May 25 (AFP): China is planning a stimulus package worth 440 billion dollars to expand its renewable energy use, state media said today, as the country aims to rely more on cleaner ways to power its growth. The three trillion yuan (439.7 billion dollars) investment will see part of the focus on wind power, the Beijing Morning Post said, citing Liang Zhipeng, a State Energy Administration official. The government has collected opinions from local economic planning agencies and relevant companies about a draft plan, Liang said, according to the report. Under the plan, China's wind power capacity will reach over 100 gigawatts by 2020, the report said, more than triple a goal of 30 gigawatts announced in 2007 in a renewable energy development plan. Zhou Xi'an, a director general at the State Energy Administration, said last week China aimed to boost the share of renewable energy, excluding hydro power, to six per cent of its overall energy use by 2020, from the current 1.5 per cent. He said the new plan would be submitted to the State Council, or Cabinet, for approval, with a result expected soon. The news about the latest stimulus plan came after China announced measures to support autos, petrochemicals and eight other sectors as part of a 584-billion-dollar package unveiled in November to tackle the financial crisis. One of the world's largest greenhouse gas emitters alongside the United States, China now depends on coal for nearly 70 per cent of its total energy consumption. The country has also set a goal to cut energy consumption per unit of gross domestic product by 20 per cent and pollution by 10 per cent by 2010 from levels in 2005. -------------------------------- Here's another link: chinanewswrap.com

To: Brumar89 who wrote (8839)	6/2/2009 2:05:04 PM
From: Sam	Read Replies (1) \| Respond to of 86356

How much of that $500 billion is dam construction and how much is the high-tech solar and wind technology you think will bring someone vast wealth? If dam construction was included, it would eat it all up. The mammouth South to North project alone is projected to cost in the hundreds of billions dollars. If, of course, it is ever really built. They are focusing more on wind, solar and geothermal than anything else, as far as alternatives go. But you're right, they are still building coal plants. They have been investing in "clean coal" technologies as well. They have as much to lose as almost any country does from both pollution and climate change, and they know it. Some of their new coal palnt will be replacing older less efficient and dirtier plants rather than actually adding power. One of the understatements anyone can make is that even with the best intentions to address the issues that fossil fuels create it will be long slow slog.