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Tuesday, November 03, 2009 10:55:16 AM
China has gone through a huge growth phase where they were determined to become a manufacturing powerhouse regardless of pollution levels or environmental damage. They have recently hit this critical point where they achieved their goal and have begun focusing on reducing pollution on a drastic scale.
With all the money invested in their coal power plants and industrial sector, there is to much money invested to scrap it or even modify it. The GKG provides a great option since it requires no modifications of facilities.
On top of this, they have tons of land that is unused. It appears Viaspace is capitalizing on this opportunity. Now you have lower growing costs and less distance to transport the pellets. Can't really beat that.
(That's my two cents on the functional/political climate of China pertaining to VSPC.)
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