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China’s Development in Green Technologies

China’s Development in Green Technologies

China is moving from old, polluted country to a new green country. Government has subsidized public and private research for the development of domestic energy technologies. Even the National industrial policy is the central driver of China’s greentech markets. The 12th Five Year Plan promotes new regulations and investments. It has ambitious goal for cleaner energy. With the China’s population shifting from rural to urban areas, the policymakers recognize that achieving national goals on energy efficiency and carbon emissions will depend on the progress made by the cities. In this background, the presentation discusses the state and future of each of the green energy technologies such as Cleaner Conventional Energy, Renewable Energy, Electric Power Infrastructure, Green Building, Cleaner Transportation and Clean Water. It also shows some of the interesting facts, figures and future predictions about the green technology growth in China.

There are at least two key factors driving much of these efforts.   The first is China’s growing demand for energy.  While coal is a key domestic resource, China’s need for oil imports is outpacing it’s supply.   Simply put, China needs to find new ways to provide the energy needed to sustain growth, even at a declining growth rate.   Second is China’s growing carbon footprint.   China has no interest in being the world’s leading producer of greenhouse gases, but that’s exactly where it will be if the world’s most populous country can’t find green technologies to support it’s growing middle class and the need for increased energy consumption.  Finally, while perhaps not a key driver in the near term, China would prefer to see itself as an exporter of green technologies to the rest of the world.   We’re likely nearly a generation away from that eventuality, but the most recent “12 year plan” from Beijing is certainly a step forward in that direction.   More details of this plan are provided in the attached report, and a short overview is shown below. …Read more

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