China's energy technology and how it affects the United States Research Paper

Chinas brawn technology and how it affects the linked States - Research Paper ExampleThe Chinese thrift have shown remarkable strength and resiliency end-to-end the stinting crisis and has likewise shown profound strength when recovery started to set in. However, the United States remain shackled overpower by systemic risks since the crisis basically crippled the banking sector of the US. Among the positive contributors to the resiliency of the Chinese economy was the beardown(prenominal) domestic demand that has been instrumental in ensuring consumption and therefore stinting ariseth. This has been brought about by the feature that China has the highest population in the world which the Central Intelligence Agency (2011) estimates to about 1.3 billion. On the other(a) end, the United States has over .3 billion which places it at the third spot over the world. Looking at the population alone, it is easy to surmise that these countries are also the most voracious energy con sumers in the world. However, the recent speedup of the Chinese economy has prompted the government to be more serious in tackling the energy demand of the country. This is a basic necessity since this is a basic requirement for continued economic growth. Hence, it has been a pressing uphold for the Chinese to improve their capability to power their economy which includes renewable energy sources from the sun and the wind. Likewise, this has been instrumental in pushing China past the United States in terms of energy consumption (IEA, 2010). Main soundbox Economic recovery and Energy Sustainability The recovery of the global economy has been coupled by the increased foreplay to the reality of global warming. Likewise, the fact that fossil fuels will eventually run out has been increasingly gaining travelling bag on economic, social, political and even in military dialogues worldwide. As a matter of fact, world leadership have inked the Copenhagen agreement in order to lessen emi ssions from green house gases (World Energy Outlook, 2010). This is a significant agreement since the environmental symptoms of global warming has been growing more severe. Likewise, in order to ensure economic growth and stability, countries would do well to veer away from the traditional power source of fossil fuels. This has significantly boosted demand for renewable energy sources such as solar power and wind energy. More so, the economic growth of China has necessitated additional power producing capabilities. Over the last generation, China has increased its power railroad siding by about 53 gigawatts (gw) per year (Campbell 2011). Given the high population and the increasing investments to further grow their economy, China has really stepped up its efforts and investments in renewable energy. According to Wong (2010), China has been significantly pouring pecuniary resource for renewable energy. Basically, the Chinese hopes to be ahead of the curve when it comes to generati ng new ways to harness renewable energy as well as to be able to make it available for consumption and actually qualification its economy able to utilize it. Furthermore, China has significantly moved away from the coal dependent economy that is, although growing industrially, manufactures only low value goods that are mainly dependent on labor. Nowadays, despite stock-still being a predominantly agricultural economy, China has been re-cast as an advanced economy with an increasingly sophisticate economy coupled by the