china's location in the world 1 kilometer = 0.621371192 miles
TRANSCRIPT
China's Location in the World
1 kilometer = 0.621371192 miles
World's Fourth Largest Economy
* Largest human urbanization in history - poverty has dropped from 60% in 1990 to 16% in 2007
• During world financial crises, China State Council announces in 2008 a $ 586 M stimulus package (7% of nation GDP) to build new airports, subways, low income and rail systems * Their "Tiger" Secret - Private domestic investment combined with rapidly growing human capital
* Beware: China holds over $1 TRILLION in U.S. debt
China's Energy
* In 2009, China's total electricity output - 3.71465 trillion kwh
* Annual consumption - Second largest in the world - 3.6430 trillion kwh
* Goal for Nationwide Grid between 2015 and 2020
Natural Energy Resources
* Top coal producer - third in the world coal reserve - produces 2.38 billion tons - consumes 2.37 billion tons * Major crude oil producer with 3 state-owned oil companies - 1.3 billion barrels per year - demand forces China to import 47% of its consumption
* Biomass - in 2006 16 million tons of corn used for ethanol - banned expansion of industry in 2007 * Geothermal – widely abundant throughout 2700 hot springs over 77 F - 7 plants operating at 32 MW
Natural Energy Source News from Shanghai Daily
• China may have 920 trillion cubic feet of potential shale-gas resources
• 5 year plan to triple the use of natural gas to 10% by 2020 (to be enabled by shale-gas resource)
• China state-owned energy companies spent $6 billion US on North American shale-gas assets in the last 3 months
• Natural Gas Production- 2,929 B cu. ft.• consumption- 3,075 B cu. Ft.
70% of China's electricity is produced by coal-fired stations
Coal Chart
Three Gorges Dam 18,200 MW
The Largest Consumer of Solar Energy
30 million households with installed solar heaters
Yunnan Province "Aspiring Solar City" 1/2 of 5M use solar water heaters
China's Wind Energy
* In 2008 Wind Capacity 12.2 GW
* By 2009 Wind Capacity has passed 25 GW
* Ranks 4th in the World
1.9 % of total electric output
China's Nuclear Power
China's Energy Policy
* In January 2010 - State Council implemented National Energy Commission
* Golden Sun Program - subsidies, technical support, incentives
* Chinese Ministry released statement for subsidies in 2009 of $2.93 per solar watt
* Pledges to use 15% renewables for energy demand by 2019
* Renewable Energy Law 2005 - priortized renewable energy development and usage
* Policy for regulation of Hydroelectric dams
Policy Continued* National Standard of Solar Water Heaters
* General policies - to standardize renewable products - to prevent environmental damage - regulate price of green energy
* NREL (National Research Energy Lab) - Renewable Energy Promotion Law - reduction of air pollution - safeguard human health and environment - provide off-grid to rural areas - contribute to mitigating climate change - research and development and marketing
* China invested $34.6 billion in clean energy - 2009
Policy Continued
• In 2009, China reached 7,706.83 million metric tons of CO2 emissions
• China increased its reduction target for emissions under the 12th Five Year Plan to reduce emission per GDP by 18% over the next five years