"It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong." Richard P. Feynman

Monday, September 19, 2011

Green Dragon is a Fraud.

As a businessman who had extensive dealings with Chinese people I have enormous respect for their business acumen and those gullible politicians who are touting China's "green" credentials are being very naive.


The proportion of China's total electricity generation coming from "green energy" is microscopic but adequate
window-dressing to fool the incompetents in Canberra while in reality every other week a new coal-fired power station is commissioned.
Australia is ill-served with a government of union hacks, former Labor staffers and some-time academics making business decisions involving the most commercially astute people in the world. The Australian has more on the story:

EARLIER this month, Zhang Ping, chairman of China's National Development and Reform Commission, which is charged with developing social and economic policies to transform the country, reportedly told local industry leaders China would show global leadership in fighting climate change.
Even though China overtook the US as the world's largest emitter of carbon dioxide last year, it also became the world's largest manufacturer of wind turbines and solar panels and a leader in the development of carbon sequestration technology.
The carbon tax bills are now before Australia's federal parliament. Julia Gillard, Greens leader Bob Brown and climate-change adviser Ross Garnaut have argued China's can-do green example ought to be our inspiration. But while China is playing a smart commercial game, its pro-green credentials are a mirage.
There is superficial evidence that China takes climate change seriously. Its 12th Five-Year Plan (2011-2015) claims China will reduce its carbon intensity (the amount of carbon emitted per unit of output) by 17 per cent in 2015 compared with current levels. And 50 per cent of its energy will come from renewable sources by 2050.

Yet dig a little deeper and it becomes clear Beijing's carefully crafted message about shifting towards a green future is primarily designed for Western markets eager for alternative energy sources and as a defence against these same governments putting greater pressure on China to reduce its greenhouse gas emissions.
Take the issue of coal-fired power stations. China has closed down hundreds of its more inefficient coal-fired stations in the past few years. But for every coal-fired station shut down in the past three years, two have sprung up. While gross domestic product has been growing at about 10 per cent during the past five years, Chinese consumption of coal has been increasing at about 17 per cent each year and coal production has been increasing by more than 20 per cent in the same period. According to some figures, investment in the coal industry has been increasing between 30 per cent and 50 per cent a year for the past three years.

2 comments:

  1. I think fraud is too harsh. I mean they are constructing that 3 Gorges Dam right? And I believe there's a big increase solar panel production. Now if the Chinese would just develop a taste for bespoke conservatories. That would be great=)

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  2. We have no doubts that China is still relying on it's coal power plants for it's manufacturing industry. And western countries are doing nothing about it because China is still their biggest supplier of cheap products.

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