Interesting piece here about how a VC fund sees great opportunities in China for environmental and alternative energy technologies. . .

"The country's environmental protection watchdog estimated in September that it would cost about $136 billion, close to 7 percent of gross domestic product, just to clean up all the pollution pumped out in the country in 2004. Venture capital executives said China's aspirations to be more green pave the way for the creation of clean energy and other environmental start-ups, and investors have taken notice. Shares in China's Suntech Power Holdings Co. Ltd (STP.N: Quote, Profile, Research), a solar cell maker, have risen nearly 72 percent since raising US$396 million in a New York IPO last December."

Suntech (see our page link for prices, news and stock fundamentals http://altenergyinvestor.advfn.com/suntech.html) of course is well known to AEI followers.

A lot of people think clean coal technology - i.e. the carbon-sequestrated rather than the clean air kind - will be a major player in the near distant future. I'm not so sure. The world's first clean coal station will be built in the UK but I doubt the Chinese will follow suit unless the West is prepared to pay for it. Meanwhile, Chinese manufacturing and enterprise with its long production runs is highly likely to start creating some deflation in alternative energy technologies before too long. So there you go - China is a curious mix of the problem and the solution.