Thread: China leads in global green jobs race

China leads in global green jobs race
Thu Aug 6, 2009 2:27pm EDT
By Gerard Wynn - Analysis

LONDON (Reuters) - China is winning a global race to create "green collar" jobs, six months after countries worldwide launched $500 billion spending plans to drive a low-carbon economy.

Following the economic downturn, both the United States and Europe aim to spur jobs in a green push to fight climate change and boost energy security, but China may leapfrog both this year in new wind power -- a key measure.

China passed the United States in numbers of new wind turbines built in the first half of 2009, data from Beijing-based specialists Azure International shows, and is also increasing its share of the main solar demand market, Europe.

"I think China is definitely winning the race," said Wu Changhua, China director of the London-based environment body The Climate Group, citing support for low-carbon LED lighting and electric cars as well as wind and solar.

"A low-carbon economy is mainstream thinking," she said, adding that Chinese development was helped by swifter centralized decision-making compared with its rivals.

In wind power, local demand often means local jobs -- that's especially true in China where an unofficial rule says all installed turbines must include 70 percent local content.

International companies' market share there is falling.

"In the first half (of 2009) that decline continued," said Sebastian Meyer, head of research at Azure International.

Tough financing markets plus falling oil prices have dented clean energy prospects worldwide and created a glut of turbines and solar panels, with recovery expected from next year, aided by new stimulus programs.

http://www.reuters.com/article/GCA-Gree ... CB20090806

I have said this all along, for over the last year. This is the one big area where Obama had an Ace to play. We always need to look for the next big thing in exportable products

Whether it was GM diesel motors in the post WW2 economy, Boeing Jet airliners in the Space Age, or Microsoft and IT in the last two decades. We need major exports to stay ahead of the competition. Well maybe here is a next big thing beyond green energy: border security?

Well, they do need to do it. You know, build new factories powered by the new coal-fired powered plants (they open an average of one per week). Friends who have been to Beijing say that it gets hard to see through the smoky haze.
Of course, this is not about the environment. It is only about money.

The more solar and wind energy they use the less oil they will need. That helps hold the cost of oil down for us.