Oh really? green power doesn't translate into green jobs (economy, financial, elect)
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A full accounting suggests that such efforts tend not to yield many net jobs, nor do they achieve environmental goals that would be realized through a more direct policy approach. And all the while, significant financial and political capital is consumed avoiding hard policy choices and pursuing green jobs.
We can also use Spain as a case study in that they lost an estimated 2 jobs per one green job created, and it ultimately failed. There's no market for green jobs, now we've seen what happens when the government tries to create a fake demand. We will shift to a green economy, just not in the immediate future
China is the world's leading renewable energy producer, with an installed capacity of 152 GW.[4] China has been investing heavily in the renewable energy field in recent years. In 2007, the total renewable energy investment is $12 billion USD, second only to Germany, and expected to be first by 2009.[23] China is also the largest producer of wind turbines and solar panels.[24] Approximately 7% of China's energy was from renewable sources in 2006, a figure targeted to rise to 10% by 2010 and to 16% by 2020.[13] The major renewable energy source in China is hydropower. Total hydro-electric output in China in 2009 was 615.64 billion kWh, constituting 16.6% of all electricity generated. The country already has the most hydro-electric capacity in the world, and the Three Gorges Dam is projected to be the largest hydro-electric power station in the world, with a total capacity of 22.5 GW. It is expected to be fully operational by 2011.
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Following the completion of the similar Township Electrification Program in 2005, the Village Electrification Program plans to provide renewable electricity to 3.5 million households in 10,000 villages by 2010. This is to be followed by full rural electrification using renewable energy by 2015.[26]
Renewable energy is helping China complete its economic transformation and achieve "energy security". China rapidly has moved along the path of renewable energy development.[1] About 17 percent of China's electricity came from renewable sources in 2007, led by the world's largest number of hydroelectric generators.[2] Total installations of hydropower reached 145,000 MW in 2007. China has set a target of 190,000 MW for 2010.[3] Technology development and increased amounts of investment in renewable energy technologies and installations have increased markedly throughout the 2000s in China, and investment in renewables is now part of China's economic stimulus strategy.[4] Researchers from Harvard University and Tsinghua University have found that the People's Republic could meet all of its electricity demands from wind power by 2030.[5]
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