Saturday, January 3, 2015

China

* I do not know whether they have built the pipeline from Russia to China. It is not that far away. Even with the gas from Russia and all the new nuclear generators on-line, about 70% of electricity in China will still depend on coal in the next 15 years or so.

We have a stupid concept of buying carbon credit. China buys the credit from undeveloped countries such as many in Africa for manufacturing their products.

* Volvo is a safe and a good car that lasts for longer time than most American cars. Most of us buy cars do not consider long-term benefits and safety. My friend after surviving from a head to concrete plunge, he only drives a Volvo for life. Chinese bought Volvo for the only car technologies they have not mastered: the engine and the transmission.

When you open the hood of most cars, you would find many Chinese parts. The myth of "Made in America" is busted

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