There’s an interesting New York Times article about China’s giant wind farms. China is using state funding, low interest loans from state-owned banks, and domestic manufacturers to create six unprecedented wind farms. The scale is mammoth: 10,000 to 20,000 megawatts each, compared with the 4,000 megawatt Texas wind farm proposed by T Boone Pickens as the world’s largest, and that is now delayed.
Apparently the United States government is upset that China is using domestic suppliers who may not have the best technologist or lowest life cycle cost. I wonder if this complaint is serious. Shouldn’t any massive government investment in renewable energy be encouraged? Given the subsidies required at this early stage, do the US trade representatives or anyone else really think China would consider US and European suppliers?
Renewable energy requires huge public investment and technological innovation. Why aren’t US, European and Japanese citizens demanding that their governments invest heavily in this new clean technology? The Chinese government is showing admirable foresight in jump-starting their clean technology industry.