Thursday, August 3, 2017

Renewable Energy, Big business in China


The current positioning of China of becoming a world leader in renewable energy programs is surpassing the United States in figures today, that alone would account as the biggest in the world.

Imagine the 360 Billion USD dollar investments in renewable energy manifest a capability that when infused will create 13 million jobs in China. Such humongous consideration of prepping for the future is something extra-ordinary to learn lessons that the power of China is overtaking the US and other countries in such a magnitude.


The information tells us that it is also tripling the electric car sales in the future that would simply target the markets woldwide, that means they will have the ability to control the electric car sales globally by China.

It would also mean that the future of oil business will experience contraction and eventually  kill it by the coming years, mostly by the  2080, but with the projections seen and the current demands, it may turn out that its effects will be  by the year 2025. 

Such future planning of China will affect  all other smaller countries like us to become further dependent on the magnificent productions that this nation is doing at the moment.

As a measure, our country should formulate sources and strategies to make our economy safer and sustainable, for the sake of the  people and the country.

Unless we consider engaging massively in industrialization that would counter trade balances and for providing better  jobs for everyone, we cannot be secured with our future unless we do something about it.

If we ignore the fact that we have been very less and weak in manufacturing, then the possibility of losing our future is evident then.

Let's accept that we have been buying everything from abroad, and we no longer manufacture things that we consume domestically, and that dependence will give us dire consequences later. 

Our ignorance of not going into manufacturing is a sign that we are indolent for setting strategic solutions, long term for our economy. It is a must that we must correct now.




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