China is nowhere near as far along with its natural gas production as the United States. The country imports large quantities of natural gas at high prices, but that hasn't stopped it from wholeheartedly pursuing the use of natural gas as a transportation fuel. In this video, Fool.com contributor Aimee Duffy gives us some background on China's appetite for natural gas vehicles, and recaps the country's most recent deal to highlight its progress.
Are you interested in the future of natural gas vehicles? Because there is one home run investing opportunity that's been slipping under Wall Street's radar for months. But it won't stay hidden much longer. Forward-thinking energy players such as General Electric and Ford have already plowed sizable amounts of research capital into this little-known stock, because they know it holds the key to the explosive profit power of the coming "no choice fuel revolution." Luckily, there's still time for you to get on board if you act quickly. All the details are inside an exclusive report from The Motley Fool. Click here for the full story!
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Report this Comment On September 08, 2013, at 10:09 AM, fpl1954 wrote:
Americans seem to forget things quickly, my wife claims 98% can't focus longer than 90 days, which is pretty well supported by politics, sports addiction, etc., but China laid out their plans in detail quite a long time ago. One of their official 50 year plans was to switch entirely to renewable energy. Another was to provide enough power to run the economy while they do so, either super dirty nuclear, dirty coal, or cleaner but still not perfect gas. The goals aren't contradictory, without a strong economy there is no money to install renewable energy - renewable energy is cheaper, but in all forms it also takes far more time in terms of man-hours-per-installed-kW. China has gone full tilt boogie on dirty power like nukes and coal to create a middle class, understanding they will have higher cancer and deaths because of it, but a LOWER death rate than if they remained a starving overpopulated nation. Meanwhile, they are tackling the worst problem, overpopulation, and installing renewable energy as fast as they can. Gas is attractive because you can switch a coal power plant to gas in days, at almost zero cost (except fuel). Sure the gas is higher fuel cost than coal, but as long as they can afford it, it jumps them way down the road towards zero emissions and if need be they can switch to coal any time. If the world can supply enough gas, China can throw up a coal/gas power plant in weeks, which would allow them to shut down the worst plants, the nukes, and keep the lights on with greatly reduced emissions. This is not opinion or observation, it was announced by China, but more than 90 days ago......
Report this Comment On September 08, 2013, at 10:19 PM, gasblogger wrote:
See references on the natural gas revolution:https://docs.google.com/document/d/19Yf0MWpo91vrlu-mmJtjB1ER...
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