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China To Plow $361 Billion Into Renewable Fuel By 2020 (indiatimes.com)
China will invest $361 billion in renewable power generation between 2016 and 2020, the National Energy Administration (NEA) said Thursday, as the world's largest energy market pushes to shift away from coal power. From a report: The investment will create over 13 million jobs in the sector, the NEA said in a blueprint document that lays out its plan to develop the nation's energy sector in a five-year period. The NEA repeated its goal to have 580 million tonnes of coal equivalent of renewable energy consumption by 2020, accounting for 15 percent of overall energy consumption.
Good for China, and good for us: the sea level rises for everybody equally, no matter which country is at fault. Today, the U.S. and China emit vastly more greenhouse gases than the EU, India, and Russia combined. Those two countries have a responsibility to the rest of the world to get their houses in order.
China is doing something about it, albeit first steps. The U.S., by contrast, is being run buy delusional nuts who think global warming is some kind of scam. Makes me ashamed to be an American.
For most of China's history, renewable energy has meant:
1) Grow enough rice to feed the peasants
2) Have them do manual labor, including growing rice
3) Goto 1
Are you just jealous that the "uber-commie-corporation" of China is more effective at business, and more agile at taking advantage of new worldwide trends, than your corporations?
As Trump would say, they're just better negotiators.
Don't worry, you'll soon be protected by Trump so you can buy American solar panels. Just don't complain if they're twice as heavy and half as efficient (automotive sector I'm looking at you.) At least you can but genuine NAPA replacement parts.
Where are we going and why are we in a handbasket?
Because we oppose growing food (corn) and then mandating that we use it as a motor fuel (alcohol)?
Most environmentalists don't view this as an optimal solution either, FWIW.
Or because we figure that there just might be issues competing with the rest of the world economically if we persist in mandating the use of renewables when the rest of the world doesn't?
Well, not China, apparently, and there might be issues if we don't as well, considering the lifetime cost of renewables is about to go under that of fossil fuels, and already is in markets we could be exporting renewable energy products to.
Because we believe that market based solutions to these issues are more efficient than government interference though oppressive regulations?
There we go, we have a winner. Dumb faith in mythical "market based solutions" certainly qualifies as dumbass.
Someone had to do it.
Why? Because we oppose growing food (corn) and then mandating that we use it as a motor fuel (alcohol)?
Ethanol subsidies are pushed by Red State Republicans. Most environmentalist think the subsidies are a waste of money, and may even be energy negative.
Which state grows the most corn?
Which state holds the first presidential primary?
If you answer these two questions, you will understand why we have ethanol subsidies.