Wednesday, February 3, 2010

Will America still be competitive in 2020?

Well, listen up then, to what President Obama is really talking about.
"Meanwhile, China's not waiting to revamp its economy. Germany's not waiting. India's not waiting. These nations aren't standing still. These nations aren't playing for second place. They're putting more emphasis on math and science. They're rebuilding their infrastructure. They are making serious investments in clean energy because they want those jobs."
Damn right they ain't waiting around for us to figure it out.
This month China announced it would build a 2,000 MW solar thermal project, five times bigger than the current largest one, California's Solar Energy Generating System. China is in the midst of building a wind corridor that could grow to a staggering 20,000MW, 25 times the size of Texas' Roscoe Wind Farm. And last fall China announced a plan to build a 2,000 MW solar photovoltaic farm, 33 times bigger than the world's largest today, a 60 MW farm in Spain.
Second place is simply unacceptable, if not un-American.
"They're making serious investments in clean energy because they want those jobs," [President Obama] said of countries like Germany, which have more generous and stable renewable energy subsidies that make projects easier to finance. "Well, I do not accept second place for the United States of America."
Maybe a good time to double down on FSLR and keep an eagle eye out for an early eSolar IPO, ya think?
He may have no choice, but maybe Obama can take heart in the fact that China's two big solar farms will use U.S. technology. The big photovoltaic farm will use panels built by Arizona's First Solar (FSLR) and the solar thermal farm will use technology developed by California's eSolar. The World's Biggest Green Energy Projects
Just picture the world's biggest green energy projects all in China.

SciGuy re: re: "Well, he says lots of things".

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