Showing posts with label rise of China. Show all posts
Showing posts with label rise of China. Show all posts

The Greening of China's Cities, Counties, Towns and Industry

According to China's deputy director of the National Energy Administration, Qian Zhimin, Chinese cities, counties and towns will be increasingly green in the next few years. As reported in China Daily, Qian estimated that by 2015, the country could see as many as 100 cities, 200 counties and 10,000 towns relying on alternative sources of energy like renewables.

“Against the backdrop of combating climate change and pursuing development in a way that saves energy and avoids harming the environment, the notion of a low-carbon town is becoming prevalent, and promising exploration have been conducted by a multitude of…cities,” Qian said. “Priorities should be placed on the development of public and rail transit and the construction of smart grids. We should also make cities more energy efficient”

China's first model town, Tianjin Yujiapu financial district was nominated as the first low-carbon model town project in the Asia-Pacific region at a forum that discussed low carbon model towns. The initial planning for the city was conducted by international design teams from Manhattan, Chicago, London, and Japan.

“In recent years, test projects have begun for regions that will emit relatively little carbon and have been preliminarily tried out in five provinces and eight cities, including Tianjin,” Qian said.

Li Bo, the president of the Tianjin Innovative Finance Investment Ltd., noted that the buildings in the city are being constructed in accordance to green standards. “Last year, we signed cooperative agreements with more than 60 low-carbon enterprises from home and abroad,” Li said. At present, 260 enterprises have invested in the Yujiapu financial district, with a total capital registered for the project at around 60 billion yuan, or $9.27 billion.

Xinhua reports that China’s minister of industry and information technology, Miao Xu, said that the government has plans to green the country’s industrialization strategy. The minister indicated that China will promote energy efficiency and emissions reductions. These measures are significant given the fact that as of 2011, Chinese energy consumption in industrial production accounts for 70 percent of the nation’s total energy consumption.

These efforts are consistent with China’s five-year plan which mandates movement away from fossil fuels, and lowering energy consumption per unit of gross domestic product by 16 percent.

© 2011, Richard Matthews. All rights reserved.

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Rare Earth Minerals Power the Green Economy and Embolden China's Bid for Dominance

China's control of rare earth minerals positions the nation as the green OPEC of the future. China controls the vast majority of the world's supply of rare earth minerals which are vital to a wide range of new technologies.

Rare earth elements or rare earth metals are a collection of seventeen chemical elements in the periodic table, specifically the fifteen lanthanoids plus scandium and yttrium. However, because of their geochemical properties rare earth elements are typically dispersed and not often found in concentrated and economically exploitable forms known as rare earth minerals (REMs).

All other countries producing rare earth minerals are dwarfed by the scale of Chinese production. China now produces approximately 97% of the world's rare earth supply, mostly in Inner Mongolia. All of the world's heavy rare earths (such as dysprosium) come from Chinese rare earth sources such as the polymetallic Bayan Obo deposit.

REMs are a crucial part of many modern technologies, including clean technologies like hybrid car batteries and wind turbine motors. REMs are essential to modern electronic devices, rechargeable batteries, electric motors, photo optics, solar cells and strong magnets.

China has understood the strategic and technological importance of REMs for a long time. Almost 20 years ago, Communist Party Leader Deng Xiaoping said in a radio broadcast from China National Radio, "There is oil in the Middle East. There is rare earth in China."

The surging importance of cleantech is driving demand for REMs. The current generation of hybrid cars alone each require between 23 and 25 pounds of REMs. By 2015, there are likely to be over 10 million battery-powered cars on the road around the world. This translates to 250 million pounds of REMs for hybrid and fully electric vehicles in the next few years.

China is driving the green economy forward, and the green economy is driving the demand for REMs. With the vast majority the world's reserves of REMs under Chinese control, this puts China in the enviable position of controlling some of the earth's most important natural resources.

© 2011, Richard Matthews. All rights reserved.

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