Sunday, November 1, 2009

Lone Star, Meet Red Star: China’s $1.5 Billion Wind-Power Deal in Texas

The question of who pays for pollution is introduced when foreign companies, for instance China’s Shenyang Power Group, Cielo Wind Power, assemble power plants abroad. Chinese energy-related investments have begun to take place in Texas, where they are planning to install a $1.5 billion wind plant next year. Texas is already listed as the biggest wind-power state and with this new plant, their defeat over other states will continue to increase. Power leads to pollution, but whose responsibility is it? Chinese banks are funding the wind farm and supplying the components while Texas provides the land. Which element dominates; is the location more important or is the sponsor the responsible one? The producer may not even be accountable at all, the blame could be thrown onto the consumers of energy, therefore putting the weight of harming the economy evenly onto three groups, the supplier of sources & money, the producer of the pollution, and the consumer of electricity. I think countries should focus more on what emissions they’re putting out rather than concentrating on other countries’ rates of pollution. The article discusses the foreign competition to different sectors, proving that the entire world does contribute to global pollution, and therefore should all contribute to cleaning it back up.

1 comment:

Minhao Dai said...

Thinking CO2 emission as a unavoidable thing for everyone in every aspect of this world would help us get a more correct understading about CO2 emission. But this article brouhgt my attention about international energy investment. Should we allow foreign countires to invest our energy business or should we keep it domestic? Since international controlled energy might cause the conflict around the whole world. In this case, once China and US's relationship wrosen, this power plant might get controlled by China, and China might got controlled by U.S policies as well.