Green Options » imports

Asia Light Years Ahead of the US in Clean Tech Investment — Financial and Economic Consequences

Zachary Shahan — Fri, 20 Nov 2009 11:50:06 +0000

Asia is investing hundreds of billions of dollars more than the US in clean technology, according to a new report by two research institutions. In the future, the US may be importing trillions of dollars of needed clean technology (and losing countless jobs to Asia) as a result.

In total, the report showed that China, Japan, and South Korea will invest about $509 billion in clean tech over the next 5 years, whereas the US (with our greenest President in decades, maybe ever) is only expected to invest $172 billion (about 3 times less) — this is assuming the climate and energy legislation in Congress passes.

If the US were to invest the same percentage of its Gross Domestic Product (GDP) as South Korea, it would invest almost $140 billion per year ($700 billion over this five year period)! Compared to China, the anticipated per-GDP investment ratio is 1:4 (US to China).

In 2008, Japan almost matched US R&D spending on energy and achieved almost the same number of international clean energy patents despite having dramatically lower GDP.

The financial investment is not the only thing giving these countries a major advantage in this field, though.

$25 Billion for Imported Oil — In One Month!

Zachary Shahan — Mon, 19 Oct 2009 15:48:31 +0000

That is correct — not million but billion, not in one year but in one month! That is how much the US spent on imported oil in September 2009.

For those concerned about the US economy or national security risks, T. Boone Pickens and data from the US Department of Energy’s Energy Information Administration (EIA) show us that foreign oil imports should be at the top of our list. We rely very heavily on foreign oil and send a good chunk of our money to other countries to supply us with that oil — $25 billion last month alone!

Take a closer look.

EU Slaps Anti-Subsidy Biodiesel Tax on US Producers

Clayton B. Cornell — Thu, 05 Mar 2009 17:23:01 +0000

On March 13, the European Union will impose a counter-subsidy tax on U.S. biodiesel producers for “dumping” biodiesel on the European market.

European producers have been complaining about cheap imported biodiesel for quite a while, and it looks like a key European trade panel finally took action. The tax will be specific to each biodiesel producer:

ArcherDaniels Midland: 86 cents per gallon;
Cargill: 90 cents;
Imperium Renewables: 96 cents;
Green Earth Energy Fuels: 93 cents;
World Energy Alternatives: 96 cents;
Peter Cremer North America and remaining biodiesel producers will pay $1.36 per gallon.
Read more of this story »

1,500 Chinese Dogs Die Before They Could Be Slaughtered.

Jessica Gottlieb — Mon, 20 Oct 2008 16:02:16 +0000

CNN is reporting that 1,500 Chinese Raccon Dogs have died because of a tainted food supply.

Apparently melamine was found in the dog food supply. Melamine is the same deadly chemical that was added to the dairy supply last month and sent Chinese babies to the hospital with kidney stones. Four Chinese babies’ deaths have been blamed on infant formula that was laced with melamine. Some 54,000 other children were sickened.

Zhang determined that the animals died of kidney failure after performing a necropsy — an animal autopsy — on about a dozen dogs. He declined to say when the deaths occurred but a report Monday in the Southern Metropolis Daily newspaper said they had occurred over the past two months.

“First, we found melamine in the dogs’ feed, and second, I found that 25 percent of the stones in the dogs’ kidneys were made up of melamine,” Zhang told The Associated Press in a telephone interview. (from CNN)

We have a problem. We have 1,500 dead dogs but let’s take a look at what these dogs are. These dogs are bred for their raccoon like coat which is used for trim on coats. Are we as a global economy okay with the slaughter of dogs, man’s best friend, for ornamental fabric? Is it acceptable that Melamine is added to the food supply of both humans and animals?