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		<title>Government action sees ‘Green Power take root in China’</title>
		<link>http://solarfeedintariff.co.uk/2009/07/government-action-sees-%e2%80%98green-power-take-root-in-china%e2%80%99/</link>
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		<pubDate>Thu, 09 Jul 2009 12:29:25 +0000</pubDate>
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		<description><![CDATA[<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The New York Time’s headline, ‘Green power takes root in </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">’ is representative of a dramatic move towards renewable energy which is taking place in </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">. The giant Asian power has traditionally been</span>&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The New York Time’s headline, ‘Green power takes root in </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">’ is representative of a dramatic move towards renewable energy which is taking place in </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">. The giant Asian power has traditionally been known for its use of fossil fuels with a strong media emphasis being given to pollution problems in </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">’s major cities resulting from coal burning and extensive carbon emissions from vehicles. </span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Certainly, with the Beijing Olympics of last year, the worlds eyes were focused sharply on the Chinese capital and the seemingly permanent smog covering which acted as a testament to Chinese heavy industry and the proliferation of vehicles in modern </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">However, it is a marked change in Chinese legislation which prompted the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">New York</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> newspaper to run with the ‘Green power takes root’ line. The change has come in the form of a national renewable energy level stating that utilities must generate 8 percent of their energy by renewable means by 2020. The fact that this 8 percent figure does not include hydroelectric power adds to the importance which the Chinese are now placing on green energy.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The growing awareness of the lack of long-term sustainability in traditional coal energy sources has prompted the Chinese government to take action to maintain </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> has a major industrial power well in to the future. There has also been somewhat of a frenzy among private companies seeing the opportunities that will undoubtedly present themselves in the Chinese renewable industry, with a growing activity particularly in sectors such as wind and photovoltaic technology which will inevitably boom in </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">China</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> in the near future.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The New York Times was keen to use this Chinese government action to make comparisons with the comparatively weak efforts being made in </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Washington</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> to spur the renewable sector in the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">United States</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">. Indeed, in the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">United Kingdom</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">, with the recent feed-in tariff legislation, members of the green energy industry will be hopeful that government action in the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">UK</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> will have the same effect it has had on the Chinese market. </span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The New York Times asserted its almost neurotic view of Chinese renewable growth compared to that of the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">US</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> by warning,</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana; mso-ansi-language: EN;" lang="EN">“You won’t just be buying your toys from China, you’ll be buying your energy future from China.”</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"></span></p>
<p><span style="font-size: 9pt; line-height: 115%; font-family: Verdana; mso-fareast-font-family: Calibri; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;" lang="EN-US">China</span><span style="font-size: 9pt; line-height: 115%; font-family: Verdana; mso-fareast-font-family: Calibri; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;" lang="EN-US"> has a target in place to produce 8000 megawatts of energy by wind energy by 2010 which they are set to smash. If </span><span style="font-size: 9pt; line-height: 115%; font-family: Verdana; mso-fareast-font-family: Calibri; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;" lang="EN-US">China</span><span style="font-size: 9pt; line-height: 115%; font-family: Verdana; mso-fareast-font-family: Calibri; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;" lang="EN-US"> continues apace to move towards green energy, they will surely shame efforts currently being made in the West to develop their own sustainable renewable industries</span></p>
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