Features - Editor, 4 March 2010
Green Energy Project
With the cost of oil increasing and the fact that the world is taking notice of the damage being done to the earth through greenhouse gases, alternative energy sources are being looked at by many countries. China is in the process of releasing their new project for green energy to the public, in which they hope to increase their renewable energy sources and save costs, as well as supporting the conservation of the environment. They hope to start the construction of the renewable energy plants as soon as possible and are working on a time scale of between five to ten years.
Renewable energy, also referred to as green energy, can be produced by a number of natural sources such as water, sunlight, geothermal heat and wind. Wind power, however, is one of the most popular sources, and the United States and various countries within Asia and Europe have been using wind power to generate energy. At present, Brazil is the leader in renewable energy, being home to the largest project of its kind in the world. When looking at geothermal power sources, California leads with The Geysers. Each country is finding their own unique renewable energy sources, and China is looking towards wind and solar power.
The production of renewable energy can be intermittent depending on the sources used, and is therefore used in conjunction with traditional energy sources. China is hoping to generate fifteen percent of their energy from green energy, allocating billions of dollars toward research, solar power plants, wind farms and nuclear power plants. The country hopes to have these facilities running in about five year’s time, even though they have awarded ten years to the green energy project. Over and above the increase in the use of green energy, the Chinese government is also aiming to decrease their carbon dioxide emissions by approximately forty to forty-five percent by the year 2020, as research done in regard to the emissions shows that a decrease of this percentage would be equivalent to approximately 1.5 billion tons. China will soon be releasing the details of this project to the public, and is striving to create a safer world for its population and the environment.
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Recent Articles
- CAFTA: China-ASEAN Free Trade Area - Editor, Monday 8 February 2010
- Very Strong Optimism of Swiss Companies in China - Bernard Hagen, Thursday 4 February 2010
- Business and Taxes in China - Editor, Wednesday 6 January 2010
- Expo 2010 Shanghai - Editor, Thursday 17 December 2009
- Conclusion of ECFA with Taiwan on the Horizon - Editor, Tuesday 24 November 2009
- China-Africa Cooperation Reaps Results - Editor, Friday 6 November 2009
- Swiss Technologies Participate in China’s Infrastructure Development - Bernard Hagen, Tuesday 13 October 2009
Article Archive
Features - Editor, 8 February 2010
CAFTA: China-ASEAN Free Trade Area
Wherever you may travel in the world, your are very likely to find goods in local stores and markets that are stamped "Made in China". But despite this global presence, many of China’s largest and most productive companies have made little or no impact on international markets which favor buying cheap Chinese goods. With the recent establishment of the China-ASEAN Free Trade Area (CAFTA) however, it seems that this is all set to change.
More In Features
- Very Strong Optimism of Swiss Companies in China
- Bernard Hagen, 4 February 2010 - Business and Taxes in China
- Editor, 6 January 2010 - China-Africa Cooperation Reaps Results
- Editor, 6 November 2009 - Jaquet Opens Production Facility in Taicang
- Bernard Hagen, 14 August 2009
Trade - Editor, 17 December 2009
Expo 2010 Shanghai
Starting on May 1 and running through to October 31, Expo 2010 Shanghai has as its theme “Better City, Better Life”, drawing attention to the fact that all over the world humankind has a desire for better living conditions. It is estimated that in the early 1800s around 2 percent of the global population lived in cities, a situation which has changed dramatically, with the United Nations estimating that by 2010 at least 55 percent of the global population will be living in urban areas. Faced with the continual shift toward urbanization, the international community recognizes the need for future policy making, sustainable development and urban strategies.
More In Trade
- Swiss Technologies Participate in China’s Infrastructure Development
- Bernard Hagen, 13 October 2009 - China Clicks onto Online Shopping
- Editor, 20 July 2009 - New Policy Initiatives Aim to Boost Exports
- Editor, 1 June 2009 - China Voices Concerns Regarding Trade Protectionism
- Editor, 16 February 2009
News - Editor, 24 November 2009
Conclusion of ECFA with Taiwan on the Horizon
Taiwan's Mainland Affairs Council (MAC) Chairwoman Lai Shin-yuan revealed in an interview recently that Taiwan (officially the Republic of China) anticipates signing an agreement with mainland China (officially the People’s Republic of China) which, among other factors, will slash import tariffs and permit increased market access in the banking sector. Known as the Economic Cooperation Framework Agreement (ECFA), the proposed agreement between the two countries was drawn up some time ago, but has not yet been signed, and very little detail has been made known to the public.
More In News
- Beijing Hosts World Media Summit
- Editor, 9 October 2009 - China Re-opens Initial Public Offerings on Bourses
- Editor, 29 June 2009 - Brussels Hosts Second China-EU Trade and Economic Talks
- Editor, 6 May 2009 - “G-2” Meet at G-20 Summit in London
- Editor, 2 April 2009