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Thursday, February 4, 2010

RENEWABLE ENERGY-THE NEW STAR IN THE HORIZON

In the renewable energy front Chinese efforts seem to be fabulous and according to some analysts this country is likely to dominate the world in the coming years leaving others like Norway, the US etc far behind. More than two thirds of the power generated currently in China comes from coal using technology that causes minimum pollution to the environment. Of course large sized, renewable energy producing plants are being supplied by China at costs which are significantly lower than those coming from Europe or the US but most of the manufacturers of these equipment are using western technologies provided under collaboration or partnership with foreign companies giving China the advantage of not investing time and resources for R & D on renewable energy sources like solar, wind turbines, geothermal, wave energy etc.

"China has also leapfrogged the West in the last two years to emerge as the world's largest manufacturer of solar panels. And the country is pushing equally hard to build nuclear reactors and the most efficient types of coal power plants. These efforts to dominate renewable energy technologies raise the prospect that the West may someday trade its dependence on oil from the Mideast for a reliance on solar panels, wind turbines and other gear manufactured in China".

If China to day is a major trading nation accounting for a substantial portion of global trade, it is mainly because of its disciplined and cheap labor under tight control by the authoritarian regime, not caring for democratic principles. Added to this is the benevolent attitude of many western countries which look the other way when human rights violations are frequent and severe at times. Probably the sheer size of its population and the vast market it offers make many western countries cozy up to China pumping massive foreign investments and modern technologies into that country.

V.H.POTTY
http://vhpotty.blogspot.com/
http://foodtechupdates.blogspot.com

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