Chinese Communist Party Tops Green Companies List

The Chinese Communist Party (CCP) tops a list of the Top Ten Green Giants created by clean technology industry outlet Greentech Media.

The CCP’s position in first place is a nod to the momentum the Chinese government has given to the development of the country’s cleantech sector, as well as its quick, unilateral decision-making more reminiscent of a private company than a government — especially compared to the conflicted democracy across the Pacific.

The rest of the list is made up of private corporations like General Electric and Nissan, who are market leaders in wind power and electric vehicles, respectively. I strongly encourage anyone interested in the future of cleantech to check it out. An abbreviated version appears below.

The list is as follows, with a short explanation added:

  1. Communist Party of the People’s Republic of China: everything, solar, wind, you name it.
  2. General Electric: wind turbines, smart grid tech, carbon capture, batteries…everything
  3. Siemens: “GE with a German accent”
  4. Nissan: the Nissan Leaf, first competitively priced mass-produced electric car
  5. Dow Chemical: materials science to increase fossil fuel efficiency, solar panels
  6. Panasonic: $1 billion investment in green consumer electronics, light bulbs, solar panels
  7. Johnson Controls and Honeywell: controlling the distribution/production of green energy, Empire State retrofit
  8. Walmart: launched ambitious plan to measure impact of supply chain and begin pushing down emissions
  9. Veolia: public transportation, water treatment, heating and cooling and garbage
  10. Cisco: energy efficiency for PCs, teleconferencing, smart grid

Dragon to the east, blah blah blah

Greentech Media’s crowning of the Chinese Communists also reflects growing concern among industry and political leaders that China is running away with the technologies of the future.

Whether such dire predictions will actually come to pass is more uncertain than might be supposed.

China has an enormous advantage on price which it has used to take over the market for solar panels, for instance. But it lags far behind in developing new technologies — there the US is still the world leader. The country also has a lot of growing up to do, politically and economically, and it is still quite possible that in the years ahead China could enter a period of serious political instability, especially if growth stalls.

Still, if such fears awake the “sleeping eagle” of American cleantech potential, then more power to the fear mongers. And it is quite possible they’re 100 percent correct.

BC (Ben) Upham is a freelance writer based in Los Angeles. He has written for the New York Times, and was a writer and editor for News Communications, Inc., a local paper consortium serving Manhattan. When he's not blogging on green issues -- and especially renewable energy -- he's hiking in the Angeles Mountains or hanging out at El Matador.

2 responses

Leave a Reply