About that Green Energy Boom in China
Not so fast there -- from
The Daily Caller:
China slows solar, wind expansion undermining White House green PR strategy
The Chinese government dealt the public relations strategy of green technology advocates in the Obama administration a blow last month when Premier Wen Jiabao announced that the state-run economy would stop expanding its wind and solar industries, choosing instead to focus on nuclear, hydroelectric and shale � or fracking � as the energies of the future.
�It is getting tougher and tougher for the Obama administration to argue that somehow we�re in this big race for green power worldwide when the rest of the world seems to have decided that the race isn�t worth winning,� Daniel Kish, the senior vice president for policy at the Institute for Energy Research, told The Daily Caller.
President Barack Obama, whose administration has held up solar and wind energy while stunting shale and snubbing hydroelectric, has deployed nationalist lingo, holding the specter of global Chinese green technology dominance as a driving motivation behind the administration�s expensive and embattled green energy subsidy programs. In his 2012 State of the Union address, Obama said, �I will not cede the wind or solar or battery industry to China or Germany because we refuse to make the same commitment here.�
By halting wind and solar industry expansion, Kish told TheDC, �China�s just doing what every other country in the world other than the United States is doing. Years back, the president used Spain as an example [of green energy competition] � then Germany, then China.�
Spain�s green energy subsidies were found to have a cost of 2.2 jobs for every one created; and in Germany, the government announced this year that it is scaling back its subsidies. �It�s too damn expensive,� Kish explained, �and someone�s got to pay for it.�
Too expensive and the energy is simply not there. Thorium Reactors are the way to go -- save our petroleum for chemical feedstock and use the energy from the abundant Thorium to power conversion of our abundant coal resources into fuel for our automobiles.
Tip of the hat to
The Blogmocracy for the link.
Posted by DaveH at April 16, 2012 5:11 PM