It is high time they did, for there is a lot of business to be done. Already the world’s biggest investor in renewables, China is planning to spend £175 billion in trying to cut its severe air pollution (from burning fossil fuels) by a quarter as early as 2017. And it is actively seeking Western help, with its Premier, Li Keqiang, telling the OECD in June that it was seeking to “buy energy-saving and environmentally-friendly equipment from developed countries”.
“If UK firms do not leap in here, someone else surely will” says Richard Black, Director of the impressive Energy and Climate Intelligence Unit, which has just produced a report on the issue. “All the signals show that China is open for business”.
OK, so China is going to be spending lots on renewables.
By contrast, the danger is that our supply of low carbon goods and services, now topping £800 million a year, will actually decline because of Government policies now hitting British firms. In the last fortnight, for example, four solar companies have closed, with a loss of 1000 jobs, in anticipation of cuts by George Osborne’s Treasury. Now that really might make you want to go nuclear.
Those British firms closing are installation companies. They climb up on a roof in Walsall and install Chinese made panels. What the fuck are they going to export to China? Just because a company is in renewables, or solar, doesn’t mean it can export you fool.