Who will sell clean energy to the rest of the world?

(Photo of photo cell production in Urumqi, China, from Flickr and Bert van Dijk

Clean energy is a major economic engine of the future, Barack Obama says. “The only question is: Which country will create these jobs and these industries? And I want that answer to be the United States of America.”

He really wants to curb global warming, but since a lot of people aren’t concerned about that, he’s making a big deal about “jobs” and “economy.” Right?

Only partially. It is a big deal and we're being dealt out. Asia is looking to take the lead in green tech, just as it did in automobiles. And we’d better watch out. As the oil and coal interests try to put the skids on change here, Asian countries are getting ready to clean our clock again. In 2008 China was the largest producer of photovoltaic (solar) cells and virtually all of them were sold abroad. With the global economic slump, main customers Spain, Germany and Japan have cut back orders, so now China is re-gearing to use the product itself – at least for now, until exports pick up again.

In the face of recession, some of Asia’s biggest economies are beginning to pour large amounts of stimulus money into solar, wind and other alternative energy sources. They know it’s where the future growth is.

China, India, South Korea and Taiwan are planning to spend hundreds of millions, sometimes billions, on renewable energy, partly for themselves and partly to export abroad.

In China, $30 billion is targeted for clean energy, including wind, solar and hydropower. The goal for solar power in that country is to grow to 20 gigawatts by 2020 (equal to 20 nuclear power plants), from less than 2 gigs now.

In South Korea, the government plans to invest 2% of its GDP in clean energy industries like solar batteries, hybrid cars and LED lights over the next 5 years.

And neighboring Australia is spending $1.35 billion on solar projects, $270 million on home solar systems and $100 million for next-generation solar technologies.

Are we really going to stick with oil and coal? How 20th century is that?

(Sources: Greenwire, Climate Wire, Renewableenergyworld.com)