For years, we’ve been hearing the dire predictions of environmental catastrophe looming from China. The environmental impact of billions of rural Chinese as they pursue, and rapidly close in on, the living standards and consumption patterns of Western economies is truly frightening.
Nearly all reports from China regarding the environment are still troubling. Chinese cities are still grossly polluted. Air quality in many, if not most, Chinese cities far exceeds even the most lax environmental standards. A new heavily polluting coal fired micro power plant goes online in China each week to meet the skyrocketing demand for electricity generation. Clearly, the environmental challenges in China are a major global concern, yet they are making a few initial strides to clean up their act—and some analysts argue that they are poised to move far faster than US industries toward cleaner technology.
In a San Francisco Chronicle article this week (Friday, June 14th, 2008) Andrew S. Ross described the US-China Clean Tech Summit held there. The two-day conference brought together a number of well-known speakers from US players in clean tech and green business.
Of note to GreenBusinessOwner.com readers was Ross’s report of Steve Westley’s address to the group. Westley is former California State Controller and an eBay senior executive. He now heads the Westley Group, an investment firm. Westley recently invested in China Energy Recovery, a firm that removes and reprocesses waste from booming Chinese manufacturing facilities. He reported that he is considering more investment in the area as China moves to address its environmental challenges.
Westley also warned that China could easily move ahead of US interests in clean technology should they follow recent patterns of development. The Chinese have already shown remarkable ability to quickly adopt and adapt western manufacturing practices and technology. They have been following the lead of US businesses with great aplomb, but increasingly US industries are finding themselves in the position of reacting to Chinese business developments and trends. It is not that much of a stretch to imagine us following them in the not too distant future as the Chinese add innovation to their growing stable of strengths.
China has recognized that they have an environmental problem, have seen that they can address those problems, and may well be recognizing the economic, if not social, benefits of adopting more sustainable business practices. All the while US industry has either dragged their feet or boldly lobbied against alternative energy, fuel efficiency, environmental controls, and any number of environmental controls. If China fully picks up the mantra of cleaner business practices, sustainability and clean technology and puts the momentous effort that the country is becoming famous for behind the movement, the United States could be left in the dust.
Certainly, not everyone agrees with Westley’s assumptions or predictions, but he does make a convincing and clearly conceivable case.
Along with Ross’ article in the same San Francisco Chronicle edition there was an Associated Press report of many US companies delaying alternative energy projects due to a combination of the tight credit market and the (probably temporary) drop in fuel prices. BP-Solar and T. Boone Pickens have reported this week that they will be either delaying or severely scaling back their active alternative energy projects.
Wonder if the Chinese are paying attention to those decisions…
Dave
www.GreenBusinessOwner.com