{"id":55,"date":"2013-03-04T15:28:33","date_gmt":"2013-03-04T20:28:33","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/2013\/03\/china-regains-lead-in-solar-and-wind-investment-financial-times.html"},"modified":"2013-03-04T15:28:33","modified_gmt":"2013-03-04T20:28:33","slug":"china-regains-lead-in-solar-and-wind-investment-financial-times","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2013\/03\/china-regains-lead-in-solar-and-wind-investment-financial-times.html","title":{"rendered":"China regains lead in solar and wind investment —Financial Times"},"content":{"rendered":"

\n\n<\/a>\nPilita Clark wrote for Financial Times 14 January 2013,\n\nChina retakes renewables investment lead<\/a>,\n<\/p>\n

\n

\nChina has surged ahead of the US to regain its title as the world's\nbiggest investor in renewable energy, new figures showed on Monday.\n<\/p>\n<\/blockquote>\n

\n\n<\/a>\nThe article continues by trying to downplay solar and wind because\nof a drop in investment from other countries,\nwhile not mentioning that solar and wind deployments continue to climb.\nAccording to Todd Woddy in Forbes 22 January 2013, Chinese Solar Market Boomed In Q4, Accounting For Third Of Global Demand<\/a>.\nChina has incentive and is doing something about it, as\nFeifei Shen and Reed Landberg wrote for\nBloomberg News 30 January 2013,\n\nChina to Boost Solar Power Goal 67% as Smog Envelops Beijing<\/a>.\n<\/p>\n

\nHow much are the Chinese investing?\nThe FT story continues:\n<\/p>\n\n\n

\n

\n…a record $67.7bn investment in China last year, up 20 per cent\nfrom 2011, mostly thanks to growth in its solar power sector.\n<\/p>\n

\n\n<\/a>\nChina replaced the US as the biggest investor in so-called clean\nenergy in 2009 but lost its lead in 2011 after the Obama\nadministration introduced subsidies as part of its 2009 economic\nstimulus package.\n<\/p>\n

\nThe US is now firmly in second place. Investment in the world's\nlargest economy sank by almost a third to $44.2bn in 2012 amid fears\nthat important wind power tax credits would lapse at the end of the\nyear.\n<\/p>\n<\/blockquote>\n

\nThe wind tax credits were renewed, and the U.S. has demonstrated it\ncan move out ahead on renewables if it wants to.\nIt's time for it to want to, instead of wasting time and resources\non boondoggles like\nthe\n\never-later and more expensive nukes at Plant Vogtle<\/a>\nor\n\nnuclear energy in general<\/a>,\nor for that matter pretty much any form of fossil fuels,\nbecause\n\nthe carbon bubble is going to pop<\/a>\nlike\n\nthe Georgia biomass bubble<\/a> already did.\n\nRenewables are Winning, Nukes are Dead, and Coal is Crashing.<\/a>\n<\/p>\n

\nIt's time to follow\n\nMoore's Law for Solar<\/a>\nas it\n\ncontinues to drive solar deployments up.<\/a>\nThere's still a day to get\nSB 51<\/a>\npassed out of the Georgia Senate and introduced in the House\nso we can have real solar financing in Georgia.\n<\/p>\n

\n\n<\/a>\nNationally, if we choose, we can push solar deployments up from their\ncurrent rate of about 65% compound annual increase to 100%\nand move the likely date ahead a few years for when solar will produce\nmore power than any other source.\n<\/p>\n

\n-jsq\n<\/p>\n","protected":false},"excerpt":{"rendered":"Pilita Clark wrote for Financial Times 14 January 2013, China retakes renewables investment lead, China has surged ahead of the US to regain its title as the world's biggest investor in renewable energy, new figures showed on Monday. The article continues by trying to downplay solar and wind because of a drop in investment from […]","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[14,16,8,18,2,19,20,21,22,32,23,24,53,36],"tags":[398,8704,8706,8701,8708,8699,8709,399,8702,8710,12,7,8711,8712,8715,8713,400,8714,8725,6,8716],"class_list":["post-55","post","type-post","status-publish","format-standard","hentry","category-economy","category-environment","category-georgia","category-georgia-power","category-government","category-history","category-law","category-planning","category-politics","category-pollution","category-renewable-energy","category-solar","category-sustainability","category-wind","tag-china","tag-economy","tag-environment","tag-georgia","tag-georgia-power","tag-government","tag-history","tag-investment","tag-lake","tag-law","tag-lowndes-area-knowledge-exchange","tag-lowndes-county","tag-planning","tag-politics","tag-pollution","tag-renewable-energy","tag-sb-51","tag-solar","tag-sustainability","tag-valdosta","tag-wind"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p585fK-T","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/55","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=55"}],"version-history":[{"count":0,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/55\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=55"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=55"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=55"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}