China Energy: An Investment in the Future 10/26/2010

Looking to invest in China? Market analysts say renewable energy is where to plant your dollars….and watch them grow.

As you all know, China has a whole lot of people, 1.33 Billion to be exact (I could be more exact and say 1,338,612,968 as an estimate for July 2010) but let’s not be picky. These people all use and consume energy on a daily basis. China has, in fact, recently become the world’s biggest energy consumer as of July 2010, as reported by the International Energy Agency. China however, consumes about five times less energy per capita than the United States.

None the less, if China (and the U.S. for that matter) continue at such a pace, it will only lead to more of an energy crisis than there already is. Hence, the need for renewable, clean and green energy sources is growing. In efforts to fuel this need China has set a goal to have 15% of its energy use be non-fossil-energy by 2020; wind and solar are predicted to be the largest part of this surge.

According to Marketwatch, in 2002 China consumed 2.2 billion tones of oil “equivalent” or 19.5% of the world’s total energy consumption. Investment in clean energy in China however was $34.6 billion in 2009 (up almost 150% from 2005). China’s wind power market alone has been estimated to be worth 1.5 trillion RMB (or roughly 225 Billion USD) by the year 2020. (source: Energy Research Institute of the National Development and Reform Commission.)

Investing in clean energy could see high returns, both for your pocket book and the sustainability of our earth.

Some useful resources:

http://newsfeed.time.com/2010/07/20/worlds-new-biggest-energy-hog-china/

https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html

http://www.chinadaily.com.cn/m/liaoning/2010-10/05/content_11381375.htm

http://www.marketwatch.com/story/chinas-green-stocks-poised-to-steal-limelight-2010-10-07?reflink=MW_news_stmp

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