China Is Leading the Race to Make Renewable Energy

nytimes.com

11 pointsmjfern3 comments

Note that they haven't actually decided that it's commercially viable to buy renewable energy generation capacity. They've decided that it's a smart business move to be the guys who manufacture the wind turbines and solar panels for other countries.

I believe China will be buying plenty of renewable energy capacity. From the article:

"China intends for wind, solar and biomass energy to represent 8 percent of its electricity generation capacity by 2020."

"Regulators have set mandates for power generation companies to use more renewable energy. Generous subsidies for consumers to install their own solar panels or solar water heaters have produced flurries of activity on rooftops across China."

If we're talking solar and battery technology I'm pretty sure that Japan has a huge number of patents in those fields so I wouldn't discount them.

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