China’s alternative energy effort

1. China’s alternative energy effort U.S. reaction Roodolph St Pierre

2. China’s rise in the ‘green’ world In 2009, China outpaced Denmark, Germany, Spain and the United States to become the largest producer of wind turbines and solar panel

3. China’s rise in the ‘green’ world In 2009, China outpaced Denmark, Germany, Spain and the United States to become the largest producer of wind turbines and solar panel Within the past 18 months, it is estimated that close to $35 billion of privately funded money was invested in Chinese renewable energy projects in comparison to $19 billion in the U.S.

4. China’s rise in the ‘green’ world In 2009, China outpaced Denmark, Germany, Spain and the United States to become the largest producer of wind turbines and solar panel Within the past 18 months, it is estimated that close to $35 billion of privately funded money was invested in Chinese renewable energy projects in comparison to $19 billion in the U.S. “As recently as 2006, Japan and Germany were the global leaders in solar modules produced” nowadays China not only joined the race but China is beating them to the race

5. How does the U.S. fare? In the Energy Policy Act of 2005, the government invested on multiple industries to help solve the energy crisis. [4]

6. How does the U.S. fare? In the Energy Policy Act of 2005, the government invested on multiple industries to help solve the energy crisis. [4] • Domestic production • Wind • Geothermal • Hydroelectric • Landfill gas • Ethanol • Clean coal • Nuclear

7. How does the U.S. fare? In the Energy Policy Act of 2005, the government invested on multiple industries to help solve the energy crisis. [4] The American Recovery and Reinvestment Act also known as the stimulus bill, is by far the biggest financial and legislative investment the federal government has carried out in history [2]

8. How does the U.S. fare? In the Energy Policy Act of 2005, the government invested on multiple industries to help solve the energy crisis. [4] In the Energy Policy Act of 2005, the government invested on multiple industries to help solve the energy crisis. [4] U.S. venture capitalists are investing in cutting edge technology rather than piling up on current technologies [2]

9. Issues / Future “all alternative-geothermal, solar, wind, etc – produce only 3% of the energy supplied by oil”

10. Issues / Future “all alternative-geothermal, solar, wind, etc – produce only 3% of the energy supplied by oil” China has surpassed the U.S. in terms of alternative energy equipments produced but China has yet to produce more renewable energy [3] The reality is “China isn’t expected to produce more renewable power than the United Sates until sometime between 2020 and 2025, according to EIA.”

11. Technology comparison

12. Work Cited [1] China Leading Global Race to Make Clean Energy: http://www.nytimes.com/2010/01/31/business/energy-environment/31renew.html [2] Ehan Zindler 2010. Head of Policy Analysis, Bloombeerg New Energy Finance. Testimony before the U.S.-China Economic & Security and Review Commision. The Challenge of China’s Green Technology Policy and Oho’s Response: http://www.uscc.gov/hearings/2010hearings/written_testimonies/10_07_14_wrt/10_07_14_zindler_statement.pdf [3] China winning renewable energy race: http://peakoil.com/alternative-energy/china-winning-renewable-energy-race/ [4] U.S. Energy Regulations: http://www.wikinvest.com/concept/U.S._Energy_Regulations [5] Pew Center on Global Climate Change: http://www.pewclimate.org/federal/analysis/congress/111/acesa/waxman-markey-short-summary [6] Energy Pros and Cons: http://www.danielbbotkin.com/2007/03/19/pros-and-cons/ [7] IPCC glossary, pg 8: http://www.ipcc.ch/pdf/assessment-report/ar4/syr/ar4_syr_appendix.pdf