No fair if you've already read it today.
Being in China right now I am more convinced than ever that when historians look back at the end of the first decade of the 21st century, they will say that the most important thing to happen was not the Great Recession, but China’s Green Leap Forward. The Beijing leadership clearly understands that the E.T. — Energy Technology — revolution is both a necessity and an opportunity, and they do not intend to miss it.
If that wasn't enough (it should have been), this signature name-dropping paragraph will certainly clue you in:
Here’s e-mail from Bill Gross, who runs eSolar, a promising California solar-thermal start-up: On Saturday, in Beijing, said Gross, he announced “the biggest solar-thermal deal ever. It’s a 2 gigawatt, $5 billion deal to build plants in China using our California-based technology. China is being even more aggressive than the U.S. We applied for a [U.S. Department of Energy] loan for a 92 megawatt project in New Mexico, and in less time than it took them to do stage 1 of the application review, China signs, approves, and is ready to begin construction this year on a 20 times bigger project!”
I don't know who is more insane, the people that keep publishing the same column over and over again, or me for reading it and then complaining. Probably the latter.
Update: No one reads the Times on a regular basis anymore? Oh well. The above was from, of course, Tom Friedman. [LINK]
Tags: China Business & Economy
© Stan for China Hearsay, 2010. |
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