Renewable energy investment surging in China
“The sector has strong growth potential given that the Chinese government policy is clearly supportive,“……with the needs for energy security and energy demand from countries like China, the move to renewables is unstoppable, and you’re increasingly seeing renewable energy companies that are good value,”
China Goes Green, Keeps Bankers and Investors Busy – WSJ.com. By NISHA GOPALAN, 6 Sept 10, Propelled in part by the backing of powerful Beijing bureaucrats, green-themed Chinese companies are set to reap billions of dollars from public offerings to new investors in coming months….
A spate of clean-energy initial public offerings is set to come to market over the next few months. Chinese wind-turbine maker Xinjiang Goldwind Science & Technology Co., which scrapped a US$1.2 billion Hong Kong initial public offering in June, is reviving its plans with a US$1 billion Hong Kong IPO in the next few weeks. Mingyang Electric is planning to raise between US$300 million and US$500 million from a U.S. IPO later this year. China Suntien, the renewable-energy division of Hebei provincial government’s investment arm, is seeking about US$500 million in Hong Kong.
Add to that Huaneng New Energy Industrial Co., China Huaneng Group’s wind-power unit, which is looking to tap markets for a US$1.5 billion IPO in October, and Chinese clean-technology IPOs this year alone could reach record levels………
“The sector has strong growth potential given that the Chinese government policy is clearly supportive,” said Derek Sulger, partner at Shanghai-based private-equity firm Lunar Capital. “We have also observed that many public market investors have looked toward alternative energy as a way to gain exposure to China’s demand for cleaner, more diversified energy sources, particularly in an environment where concerns over the general economic environment have impacted more traditional industries.”……
There is no denying that renewable energy has promise. The cost per unit of electricity generated by solar panels is coming down 20% per year, meaning it could reach levels charged by coal-fired electric firms in about five years, said Tim Buckley, portfolio manager at Sydney-based clean-energy fund house Arkx Investment Management…….
with the needs for energy security and energy demand from countries like China, the move to renewables is unstoppable, and you’re increasingly seeing renewable energy companies that are good value,” Mr. Evison said.That government tailwind could be key, investment pros said. For example, those who bought renewable stocks from coal-rich Australia, where the government doesn’t back renewables in the same way as China, will find their investments there have fallen over the past 12 months by 31%…….
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1.This month.
Zoom webinar – “Nuclear Winter: The Environmental Consequences of a Nuclear Exchange.”
April 7th at 11:30 am PST / 2:30 pm EST
Nuclear Winter: The Environmental Consequences of a Nuclear Exchange”
Join us for an informative webinar with renowned atmospheric scientist, Professor Brian Toon, as he discusses the environmental risks and global impacts of a nuclear war. Despite the potential damage caused by the blast from even small nuclear weapons, many countries continue to invest in and expand nuclear arsenals. Professor Toon will provide a scientific assessment of civilian fatalities, agricultural failures, climate concerns, and complications with food supply that would follow any international nuclear conflict. We need to plan how to prevent nuclear conflict and avoid catastrophe. Politicians and military planners must be made aware of global climate and agricultural complications that would ensue. Don’t miss this opportunity to learn from, and engage in, this vital conversation
The Road to War brings a sharp focus to why it is not in Australia’s best interest to be dragged into a war with China which will almost inevitably go nuclear very quickly. The filmmaker has interviewed some of Australia’s senior foreign policy analysts who have vast experience behind them in analysing what really is going on here as the United States rattles its sabres with China. And sets us up to be its proxy, like the poor Ukranians have been fed into the Meatgrinder. So America can remain the Top Dog. The Road to War reveals how the United States through its spy base at Pine Gap and by stationing six nuclear capable B52 bombers in the Top End (without permission from the traditional owners) is making Australia a prime nuclear target if the current war of words suddenly melts down into full scale war.
The Road to War shows the implicit connection between Carbon emissions (the US military uses a whopping 70% of America’s annual petroleum to move its armies and vast War Machine around the globe to its 800+ military bases..but under a loophole wangled at Kyoto, the US military does not have to report its C02 annual emissions). The Road to War starts screening at selected cities and regional centres in March. See the trailer end for details.
Antinuclear 
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