Wednesday, May 2, 2012

Chinese investment in US clean energy

Chinese financiers, the reality of the con of reaganomic free market supply side capitalism is not those that reaped huge wealth once it was implemented, but for this once growing countries economy to go begging for the investments the new capitalist are supposed to have been making and to build what we should have already had flourishing starting some forty years back!! Others not only have the want to finance they also have our once experienced innovative trades.

America’s new green financier
May 01, 2012 - The seven bilateral clean-energy agreements signed by Hu Jintao and Barack Obama in the autumn of 2009 focused on renewable energy, advanced coal technology, energy efficiency, electric vehicles and other technologies to promote lower-car­bon growth.

These agreements have propelled numerous public and private-sector collaborations, such as Duke Energy and China-based ENN Group’s solar power, smart grid and energy-efficiency projects. But such partnerships have been downplayed as the United States and China have grappled with how to properly compete in the clean-energy sector. Strikingly, clean energy was barely mentioned during Chinese vice president Xi Jinping’s visit to the United States in February.

As trade tensions between the United States and China grow, energy experts say it is an important time to dig deeper into Chinese investments in America’s clean energy. Can they create a prof­itable and sound platform on which the two countries can build stable relations? read more>>>


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