China's Exorbitantly Unsustainable Development in Renewable Energy Industry – Research Guider
The paper "China's Exorbitantly Unsustainable Development in Renewable Energy Industry" is an excellent example of a research proposal on macro and microeconomics.
China’s renewable has expanded over the last ten years. However, early comments about its progress and the impacts on the people of China, its environment and the general life, suggests that the government is lagging behind in adoption of policies to save the environment and improve the lives of its citizens(Ma and Ortolano,p2; Edmonds; bayer,p185; Stone et al, PP341-356; carter and Mol). A recent survey carried by Luo and Cutler (p497-506) suggest the following pitfalls about china’s renewable energy. First, there is a lack of effective compensation for grid companies and their employees. This is not only illegal but also proves unethical. (Mallace and Wang))
There are undeveloped technical standards applicable to these energy sectors that are accelerating the rate of global warming in the region (Mallace and Wang; Byne and Wallace, p45-54; Liu and Diamond,P37-38; Congie and Dongping). According to research carried out by the (Congjie and Dongping), due to ever-expanding momentum of the Gross domestic product (GDP) it has resulted in environmental problems that have caught the attention from the Chinese’s government, the domestic public as well the international community. There is heightened water and air pollution, desertification and other environmental degradation that not only threatens the sustainable development of the people, their health and ordinary life, but also has posed political challenges to the Chinese communist party (CCP) (Bryne and Wallace,p45-54;Liu and Diamond;p37-38;UN-Energy;Bayer,p185; world bank 2007,p17)
Another research indicates a high level of panic amongst the Chinese public as a result of environmental degradations concerns. Jahiel (p 33) suggest that China’s environmental problems are not new but there are insufficient authority and lack of coordination in China’s bureaucracy involved in environmental protection. Other research findings will similar views include,(ma.Smil,16 p38, others). The china’s industrialization has posed grave threats on climate which in turn continues to threaten the Chinese economic and social development, posing a challenge on its sustainable development. (UN-Energy).
A recent plan by the government to accelerate the development of natural gas implies that in the past, China renewable policy in the renewable energy has had had grave consequences on the socio-economic fabrics of the public, government and overall stakeholders including the international community(Elizabeth; Bayer, p185; Carter and Mol). The renewable energy in China has become exorbitant both socially and economically due to lack of policy attention and inadequate attention on the institutional frameworks; financial barriers to hiring experienced technical experts in the field; low quality technology; installation, operation and maintenance; inadequate capacity and low awareness of the renewable energy in the Republic of China. (Ghao and Zhao; Liu and Diamond, p 37-38; OECD,p5). This threatens the fabric of energy sustainability.
Martinot et al,(p497-530) has pointed out, china’s incentive policies are tampering with the World trade organization rules by exploiting the experts through low wages and salaries, putting on inexpensive infrastructure and ever-expanding networks that can hardly accommodate the changes that are present as a result of globalization, industrialization and the rate of china’ development momentum in the last decade. It also be points out that the recent renewable energy development programs (Bayer,p185) continues will reduce the cost of solar photovoltaic (PV) systems, improve their quality and develop the potential rural PV market besides improving the after-sale services which imply that china has received less support as on the renewable energy advancements and sustainability. Similar evidence also has been backed by several authors including (Twindell and Boardman, p227-240; Nieuwenhart, p455-474; Ku and Ma, p 56-67; Ma and Kline).
In concussion, there still remains a lot that the republic of china has to undertake if it has to combat global warming problems, collaborate with the international communities’ treaties, rules and regulations and eventually improve the equality of life of the general public (UN-Energy).