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11.18.2003
Energy Security, China Acts China Set to Act on Fuel Economy So China has decided to act on the issue of fuel efficiency. Not out of any concern for the environment or global warming. They did so for the glaringly obvious reason, energy security. Which we would also be addressing if not for the constant flow of money through Washington that makes sure that nothing gets done. But Zhang Jianwei, the vice president and top technical official of the Chinese agency that writes vehicle standards, said in a telephone interview on Monday that energy security was the paramount concern in drafting the new automotive fuel economy rules, and that global warming had received little attention. The upside is that American companies that seek to profit of the large and growing auto market in China will have work to develop more fuel efficient models. They will, of course, claim that they were going to do so anyways. But we know that without incentives they would rather maintain the sttus quo. We will benefit from this move by China, despite the efforts of automaker lobbyists. Oh the irony.... Chinese strategists have expressed growing worry about depending on a lifeline of oil tankers stretching across the Indian Ocean, through the Strait of Malacca, a waterway plagued by piracy, and across the South China Sea, protected mainly by the United States Navy. In other words they looked out there and said "You know this might be a bad way to do things, importing all our energy from other people that might not hold our best interests at heart". The reaction, fix the problem. Also this struck me as funny: .... the affluent urban consumer who can afford a new vehicle regards pickup trucks as unsophisticated and too reminiscent of the horse-drawn carts still used in some rural areas. Go figure. | |
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