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brenthutch

China drops wind and solar in favor of nuc, and hydro

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"China will accelerate the use of new-energy sources such as nuclear energy and put an end to blind expansion in industries such as solar energy and wind power in 2012, Chinese Premier Wen Jiabao says in a government report published on March 5."

http://www.elp.com/index/from-the-wires/wire_news_display/1621584677.html

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Yes, even the Chinese have realized that wind and solar are not as steady and reliable as most other energy sources.

I wouldn't worry to much about the Chinese wind and solar power companies though. As long as Obama is in office, he will continue to subsidize the purchase of Chinese solar cells and wind mills, and the Chinese market will have a place to dump them.
"There is an art, it says, or, rather, a knack to flying. The knack lies in learning how to throw yourself at the ground and miss."
Life, the Universe, and Everything

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