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Will China Clean Our Clock in Cleantech?  Nat Goldhaber Going Green | Always On September 28, 2011
Walls all the Way
China Then: Very Serious About Walls
China Then: Very Serious About Walls
China Now: Very Serious about Energy
China Now: Very Serious about Energy
 United States: Serious About Solar?
Cherchez la Reptile
Energy Independence vs. Environmentalism
The United States is not serious
Meritocracy = Entrepreneurship
Entrepreneurship = Growth Total Energy Consumption 3.0%Annual Change China 0.5%Annual Change Quadrillion Btu United States SOURCE: Energy Information Administration, International Energy Annual
Entrepreneurship - Dirty Coal 2.4%Annual Change Coal Consumption United States & China, 2008-2035 China Quadrillion Btu 0.3%Annual Change United States SOURCE: Energy Information Administration, International Energy Annual
Cost of Growth People in 56% of Chinese cities breathe dirty air Annual cost of air and water pollution is 5.8% of GDP (4.3% health + 1.5% non-health) API Influence on Health Dangerous LevelStay Home, Reduce Physical Activity 5 9% Extremely Unhealthy LevelAvoid Outdoor Activities 4 35% Unhealthy LevelAvoid Intense Outdoor Activities Air Quality Level 3 Bad Level Sensitive People should Stay Indoors 56% 2 Good Level 1 Very Good Level SOURCE: World Bank, Deutsche Bank
Cleantech at Heart of 12th Five-Year Plan  SOURCES: (1) China 12th Five-Year Plan (2) Xinhua, Chnia plans RMB5.3 trin investment power in next 5 years, 22 Dec 2010
Serious About Cleantech Investment by Sector (2009)  $34.6B $18.6B
Serious About Wind Investment in Wind Power Capacity ($ in billions) 2010 2009 2010 2009 ,[object Object]
  Chinese wind power capacity is targeted to grow 6-7x by 2020SOURCE: World Wind Energy Association
Serious About Solar Chinese Development Bank Loans to Chinese Solar Companies BILLIONS United States Loan Guarantee
Serious About Hydro 4.8%Annual Change China Quadrillion Btu 1.5%Annual Change United States SOURCE: Energy Information Administration, International Energy Annual
Serious About Cleantech Leadership PhDs Engineering Students 2/3are not US citizens
Rx for U.S. Cleantech1)H1 Visas and Green Cards
Rx for U.S. Cleantech2) Get Serious
Rx for U.S. Cleantech3) Streamline Regulations/Permitting
Rx for U.S. Cleantech5) Tax Policy & Incentives  SOURCE:   American Council for Capital Formation
Clean our Clock…?
Where We Win
China’s advantage Low cost labor Manufacturing efficiency Instant permitting (or none) Minimal environmental and labor regulations Low cost of capital They make good stuff cheap Where They Win
We Both Win
… Thanks to China

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Will china clean our clock 
in cleantech

  • 1. Will China Clean Our Clock in Cleantech? Nat Goldhaber Going Green | Always On September 28, 2011
  • 3. China Then: Very Serious About Walls
  • 4. China Then: Very Serious About Walls
  • 5. China Now: Very Serious about Energy
  • 6. China Now: Very Serious about Energy
  • 7. United States: Serious About Solar?
  • 9. Energy Independence vs. Environmentalism
  • 10. The United States is not serious
  • 12. Entrepreneurship = Growth Total Energy Consumption 3.0%Annual Change China 0.5%Annual Change Quadrillion Btu United States SOURCE: Energy Information Administration, International Energy Annual
  • 13. Entrepreneurship - Dirty Coal 2.4%Annual Change Coal Consumption United States & China, 2008-2035 China Quadrillion Btu 0.3%Annual Change United States SOURCE: Energy Information Administration, International Energy Annual
  • 14. Cost of Growth People in 56% of Chinese cities breathe dirty air Annual cost of air and water pollution is 5.8% of GDP (4.3% health + 1.5% non-health) API Influence on Health Dangerous LevelStay Home, Reduce Physical Activity 5 9% Extremely Unhealthy LevelAvoid Outdoor Activities 4 35% Unhealthy LevelAvoid Intense Outdoor Activities Air Quality Level 3 Bad Level Sensitive People should Stay Indoors 56% 2 Good Level 1 Very Good Level SOURCE: World Bank, Deutsche Bank
  • 15. Cleantech at Heart of 12th Five-Year Plan SOURCES: (1) China 12th Five-Year Plan (2) Xinhua, Chnia plans RMB5.3 trin investment power in next 5 years, 22 Dec 2010
  • 16. Serious About Cleantech Investment by Sector (2009) $34.6B $18.6B
  • 17.
  • 18. Chinese wind power capacity is targeted to grow 6-7x by 2020SOURCE: World Wind Energy Association
  • 19. Serious About Solar Chinese Development Bank Loans to Chinese Solar Companies BILLIONS United States Loan Guarantee
  • 20. Serious About Hydro 4.8%Annual Change China Quadrillion Btu 1.5%Annual Change United States SOURCE: Energy Information Administration, International Energy Annual
  • 21. Serious About Cleantech Leadership PhDs Engineering Students 2/3are not US citizens
  • 22. Rx for U.S. Cleantech1)H1 Visas and Green Cards
  • 23. Rx for U.S. Cleantech2) Get Serious
  • 24. Rx for U.S. Cleantech3) Streamline Regulations/Permitting
  • 25. Rx for U.S. Cleantech5) Tax Policy & Incentives SOURCE: American Council for Capital Formation
  • 28. China’s advantage Low cost labor Manufacturing efficiency Instant permitting (or none) Minimal environmental and labor regulations Low cost of capital They make good stuff cheap Where They Win
  • 30. … Thanks to China
  • 31. Loaning us money to buy their goods …Thanks again $1,400,000,000,000
  • 32. Electric Vehicles 2011-20 New Energy Vehicle Development Plan Total investment Rmb100bn (US$15bn) vs.US$2-3bn in the US 10% gov vehicle purchase of new energy cars by 2015 1-2 new energy vehicle manufactures with over 1mn-unit capacity; 3-5 producers with over 0.5mn-unit capacity by 2020 Consumer subsidy in more than 20 cities by 2015
  • 33. Coal Consumption Coal Consumption in the United States and China, 1990-2009 China Million Short Tons United States SOURCE: Energy Information Administration, International Energy Annual
  • 34. Chinese students in US universities THOUSANDS Undergrads Graduate Students
  • 35. Wind Power – Key Growth Driver in New Energy China’s Power Generation Capacity Breakdown (GW) Solar & Biomass (25% 2011-2020 CAGR) Windl (20%) Nuclear (23%) Hydro (5%) Thermal (4%) SOURCE: NDRC, Deutsche Bank
  • 36. Nuclear EnergyConsumption 10.3%Annual Change Nuclear Energy Consumption United States & China, 2008-2035 China United States 0.3%Annual Change Quillion Btu SOURCE: Energy Information Administration, International Energy Annual
  • 38. Chinese poised for cleantech leadership

Editor's Notes

  1. Can you make the arrows build one at a time from a point and then extending to the arrow-head so the eye follows to the great wall? Or whatever method you thin g will get the most attention. Can you increase contrast of the pic so wall shows better?Made of concrete, the dam is 2,335 m (7,661 ft) long, and the level of the dam top is 185 metres (607 ft) above sea level. The project used 27,200,000 cubic metres (35,600,000 cu yd) of concrete (mainly for the dam wall), 463,000 tonnes of steel (enough to build 63 Eiffel Towers) and moved about 102,600,000 cubic metres (134,200,000 cu yd) of earth.[21] The concrete dam wall is 181 metres (594 ft) high above the rock basis.
  2. This builds on a click
  3. Started 94-06Yangzi River1.3 million movedThirteen cities, 140 towns, and 1,350 villages2,335 m (7,661 ft) The project used 27,200,000 cubic metres (35,600,000 cu yd) of concrete (mainly for the dam wall), 463,000 tonnes of steel (enough to build 63 Eiffel Towers) and moved about 102,600,000 cubic metres (134,200,000 cu yd) of earth.[21] The concrete dam wall is 181 metres (594 ft) high above the rock basis.
  4. This builds on a click
  5. Can you slow down the build or make it keyed to a keyboard action?
  6. Use whichever picture looks besthttp://s3.hubimg.com/u/5387226_f520.jpg
  7. US flatChina 2x
  8. Make Just US and China
  9. 20% growth year over year of Chinese students in US universities.
  10. Come senators, congressmenPlease heed the callDon't stand in the doorwayDon't block up the hallFor he that gets hurtWill be he who has stalledThere's a battle outside ragin'.It'll soon shake your windowsAnd rattle your wallsFor the times they are a-changin'.
  11. Jennifer has image
  12. http://topforeignstocks.com/wp-content/uploads/2009/04/us-international-capital-gains-tax-rates.JPGMake chart from Brazil upward
  13. Yes: Satisfy the needs of their own markets and drive down cost.Yes, cleaning clock on anything requiring :LaborPermittingLarge Capital
  14. Ease of company startupsFiercely creativeGreat service providers: VCs and patent lawyers
  15. We are the benficiaries
  16. BILL: I wiill make this More graphically pleasing
  17. Can you make this: undergrad more important than grad
  18. Change position of Nuclear and wind