Due to its recent
industrial and economic growth, China has been faced with the issueof fuel shortages. The increased consumption of fuels and rises in
the need for energy has caused a rise in need. As their need has
risen, they have grown more dependent upon importing from other
countries in order to meet their country's increasing fuel demands.
This has caused an increasing risk for them, as their growing economy
will soon make it difficult to meed their needs. For this reason,
they have begun to pursue the institutionalization of more stringent
efficiency policies as well as the development of more efficient fuel
sources.
The dangers of relying
on oil have become increasingly apparent for China and the pace of
growth that they have experienced has only made it that much more
dangerous. As their country has continued to grow, more and more oil
has been consumed. This has been due to not only a growing amount of
private and public transportation, but an increase in the production
and consumption of energy. In order to alleviate this issue, they
have begun to promote efficiency standards and support the
development of alternative fuels and engines.
China has offered
incentives in order to help promote alternative fuel use. This
includes not only the subsidization of production, but also promotion
of the public's dedication to purchasing these alternatives as a
choice. This has been through the use of outreach programs that give
benefits to those who make the decision to purchase alternativevehicles or fuels.
They have also actively
supported the development of alternative fuels and motors. By giving
subsides to companies that are pursuing alternatives to oil, the
Chinese government wishes to give them the incentive that is
necessary to reach their goals. As China has such a high population,
the fact that more and more people are beginning to drive poses a
large risk for them. This gives rise to the need for both alternative
sources of fuel and more efficient engines. They have supported the
production of bio-fuels as well as alternative fuel cells that can
more efficiently run modern vehicles. They have also supported the
production of electric and hybrid cars that they hope will one day
replace modern oil based engines.
As their economy
continues to grow, China must develop newer and locally generated
energy sources in order to meet the rising demands. As the amount of
industrial production grows, it becomes more and more difficult for
them to rely on imported sources of fuel. For this reason, they have
begun to actively develop newer and more efficient sources of energy
production within their own country. This includes not only the
development of solar and wind power, but also the building of
hydroelectric dams.
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