Scientists want clean energies promoted

Image
IANS Beijing
Last Updated : Sep 13 2013 | 2:15 PM IST

Top-level scientists attending a Nobel laureates forum in Beijing have urged all countries to push forward development of clean energies.

They said trade barriers on new energy development was an unwise move that would hinder the sector's development, reported Xinhua Thursday.

Over the past decade, the centre of solar panel manufacturing has moved from developed nations to Asian countries such as China, Thailand, the Republic of Korea and Malaysia, said Martin Green, a professor at the University of New South Wales.

Industrial transfer and interaction have boosted the spread of solar technologies worldwide, said Martin.

China has been actively developing clean energies to meet increasing power demand in recent years. However, this green drive has been challenged by increasing anti-dumping probes by the US and Europe.

The Chinese government considers global cooperation imperative to develop new energies, insisting that its solar panel disputes with other nations should be settled through negotiation.

A recent solar panel row between China and the European Union has ended with a bilateral agreement in August endorsing a price undertaking deal submitted by a bloc of Chinese solar panel exporters. The EU also endorsed a quota for Chinese exports to the EU.

Stating that it was unwise for developed nations to set trade barriers on China's photovoltaic products, Martin said he was worried that India might target Chinese photovoltaic products with tariff-based penalties.

Mohamed H.A. Hassan of a global network of science academies, said that African, Latin American and Asian markets have great demand for China's renewable energy products because of their quality and competitive prices.

The three-day Nobel Laureates Beijing Forum concluded Thursday.

--Indo-Asian News Agency

shs/ab/vt

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 13 2013 | 2:12 PM IST

Next Story