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Clean Energy will be a $50-Trillion industry; but Trump policies mean the U.S. won’t benefit
Topic Started: Jan 6 2017, 04:57 AM (160 Views)
Brewster
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Fire & Ice Senior Diplomat
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Climate Progress
 
2016’s year in charts shows that clean energy revolution is unstoppable.

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CREDIT: Department of Energy (DOE


The best charts of 2016 reveal the clean energy revolution is unstoppable. At least, it is unstoppable globally.

But if the United States makes a historic blunder and shifts its focus back toward dirty energy just when the rest of the world has made a $50 trillion (or higher) commitment to a carbon-free future, then it won’t reap the vast job-creating benefits of the remarkable ongoing cost reductions shown in chart above.

Ironically (or tragically), the cost reductions described in the 2016 DOE report “Revolution…Now: The Future Arrives for Five Clean Energy Technologies” were made possible in part by DOE investments over many decades. Indeed, accelerated deployment driven by smart government policies around the world have created economies of scale and brought technologies down the learning curve faster than almost anyone expected.
These price drops have, in the past decade, led to an exponential explosion in clean energy installations globally.

The good news is that the price drop and the sales volume increase are directly linked — so they will continue no matter what the U.S. does domestically. Over the past four decades, for every doubling in scale of the solar industry, the price of solar modules has dropped roughly 26 percent.
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Darn Generous of the US to give away their technological lead and all that money to China and other countries...
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Brewster
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While Trump celebrates the saving of a few thousand 19th century jobs and companies like Carrier who are sucking up taxpayer dollars while they are moving out most of their operation anyway, he's busy destroying America's future.

All Hail Trump!

I'm sure Putin and Xi Jinping are toasting his victories every night!
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Jim Miller
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ZZZZZZZ Nobody cares, Brewster. Give it up. Your obsession isn't going to change anything.
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Neutral
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Fire & Ice Senior Diplomat
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No schit, he makes no sense anyway. Go away wannabe.
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Brewster
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Jim Miller
Jan 6 2017, 05:13 AM
ZZZZZZZ Nobody cares, Brewster. Give it up. Your obsession isn't going to change anything.
And hatred like yours is going to turn your country into a third world laughingstock...

Why do you hate the US so much?
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Neutral
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A canook calling us a third world country when he spends his life trying to be like us. LOL
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Brewster
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DesmogBlog
 
For China, Climate Change Is No Hoax – It’s a Business and Political Opportunity

In mid-November, while Americans were preoccupied with election returns, China sent some of its clearest signals yet that it will continue to pursue an international leadership role on issues including climate.

At an international climate change summit in Marrakech, the Chinese government reasserted its commitment to reduce its greenhouse gas emissions. The government announced that its aggregate emissions will peak by 2030 or earlier, and that its emissions per dollar of economic output will decline sharply.

Reducing Coal’s Cruel Impacts

Much of the staggering rise in China’s carbon dioxide emissions in recent decades came from burning coal to produce electricity for the nation’s industrial sector. While this growth has created millions of jobs and wealth for the nation, coal-fired power plants are major sources of greenhouse gases and conventional air pollutants that affect millions of people.

A large body of research, including joint work by U.S. and Chinese scholars, has demonstrated that air pollution in China causes thousands of premature deaths yearly. Coal also provides winter heating in China’s colder cities. Recent epidemiology research has found that coal use for heating greatly increases fine particulate air pollution, which has raised morbidity and mortality rates.

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Economic deceleration, industry restructuring, and new energy and environmental policies have slowed the growth of coal consumption in China and are also driving more centralized and cleaner uses of coal. U.S. Energy Information Administration

Pursuing Green and Profitable Export Markets

China’s economic growth has been fueled by manufacturing for export. Now it faces rising competition from other lower-cost manufacturers that produce cheap goods such as sneakers and clothes.

In response, China is seeking new export markets. Electric vehicles, solar panels and wind turbines represent promising markets in a world with ample demand for lower-carbon transportation products and power-generating capacity.

China’s central government is offering direct subsidies to people who purchase electric cars, and many major cities are offering tax incentives for local automakers to produce and market electric and hybrid vehicles. Such policies have helped Chinese electric car and bus maker BYD become the largest electric vehicle producer in the world.

China is also seeking market dominance in clean energy technology.

The nation’s ambient air pollution and its greenhouse gas emissions would both decline if China could produce more electricity using clean renewables rather than relying on coal. It has been the largest producer of solar photovoltaic cells in the world since 2007, and overtook Germany as the nation with the largest installed photovoltaic capacity in 2015.

Investing in Soft Power

At a time when the United States appears to be stepping back from its leadership role, the CCP may see a chance to fill the vacuum, and make money in the process.
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Neutral
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LOL You just knew a chart was coming.
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Jim Miller
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Jim Miller
Jan 6 2017, 05:13 AM
ZZZZZZZ Nobody cares, Brewster. Give it up. Your obsession isn't going to change anything.
You are meaningless. Canadian America-haters are so jealous of this country I almost feel sorry for them and their desire to be citizens here.
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Berton
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China sure has fooled the greenies. They keep building coal fired plants while selling the west solar panels which produce unreliable and expensive electricity and telling them they need to stop using inexpensive electricity or they will become third world countries. What a bunch of duffus the greenies are.


Oh, and in the mean time the US will be energy independent. Something else the greenies do not want to happen.



Edited by Berton, Jan 6 2017, 07:23 AM.
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