1. Foreign Direct Investment in the Chinese Energy Market
... competition and driving down prices. China is also looking to have its country turn to greener energy sources. As the country has industrialized so rapidly, the government has begun to worry about greenhouse gases. They set out plans to foster and promote geothermal power companies, hoping that it will lead not to the closure of oil and coal plants, but definitely toward ... increase over the next ten years through 2020. The installed capacity at the end of 2008 was 12.17gW. In 2007, the Chinese government set their 2020 target goal of total wind energy at 30gW. However, an ambitious Ch...
- Word Count: 3326
- Approx Pages: 13
- Has Bibliography
- Grade Level: Undergraduate