The Chinese are getting a leg up with one new energy source: solar heaters, which are apparently cheaper than fossil fuels in some applications. Lomborg concludes:
This is the green lesson China holds: A green future will result not from subsidizing immature technology today but from developing competitive green technology that is effective and cheap. Wind and solar power are not yet competitive. Research would be a much better investment for Western countries than subsidizing imports of today’s green technology from China. Until we can make alternative energy technology effective and affordable for everybody, there will be no happy ending to the “green” success story.
Although solar power is not cost effective today, a reasonable projection is that it will be within the next 10 years. Apparently Moore's law seems to model solar efficiency pretty well: http://www.scientificamerican.com/blog/post.cfm?id=smaller-cheaper-faster-does-moores-2011-03-15
ReplyDeleteCounter to the op-ed piece, I'd argue that western countries are investing in research into viable alternative energy - they are subsidizing solar panel technology in china.