Best of the Week
Most Popular
1.China Crash, Greece Collapse, Harbingers of Stock Market Apocalypse Forecast 2015? - Nadeem_Walayat
2.Gold Price Awaiting Outcome of Greece Crisis - Clive_Maund
3.Gold Price Peculiar 6 Month Cycles - Rambus_Chartology
4.Gold Price Just a Little Bit More - Bob_Loukas
5.8 Unprecedented Extremes Indicate a Stock Market Bubble in Trouble - EWI
6.Gold And Silver – Without Either, You Will Be Greeced - Michael_Noonan
7.Lies, Damned Lies and Statistics - James_Quinn
8.China Crash, Greece Crisis Harbingers of Stocks Bear Market? Video - Nadeem_Walayat
9.Gold and Silver Record Shorting - Zeal_LLC
10.Markets Big Deflationary Downwave Quick Reference Guide... - Clive_Maund
Last 5 days
Gold’s Amazing Resiliency - 31st July 15
Silver – A Century of Prices - 31st July 15
Demand for Gold Bullion Surges – Perth Mint, and U.S. Mint Cannot Meet Demand - 31st July 15
Reasons Why the Greek Crisis Will Only Get Worse - 30th July 15
The War On Cash: Why Now? - 30th July 15
Greece - The IMF Experts Flunk, Again - 30th July 15
Threat Of Cyber Warfare the “Other Reason To Own Physical Gold” Warns Rickards - 30th July 15
The 5 Biggest Myths and Lies about the Middle East - 30th July 15
Greece, Diversion, and the New World Order - 30th July 15
Ibuprofen Warning - The Pain Killer that can Kill You! - 29th July 15
More Ritholtz on Gold, and Another Response - 29th July 15
Crude Oil Price Is Lower – and You’re Richer - 29th July 15
U.S. Home Sales Market Is Dead – This Chart Proves It - 29th July 15
Greece- What Happens When Economists Talk Politics - 29th July 15
The Gold - U.S. House Prices Ratio As A Valuation Indicator - 29th July 15
Will Crude Oil Price Decline Continue? -Video - 28th July 15
Gold & Silver Money Has Devolved Into Debt and Plastic - 28th July 15
Buy and "Own Gold Krugerrands" Says Money Expert Jim Grant, Very Bullish on Gold - 28th July 15
How to Protect Yourself from China's Crashing Stock Market - 28th July 15
Quantum Geopolitics - 28th July 15
Gold Mining Stocks to Weather the Storm - 28th July 15
Stock Market Bulls Beware! - 28th July 15
Will Chinese Stock Market Crash Affect the US? - 27th July 15
Crude Oil Price Under $48! - 27th July 15
Are We Seeing a Trend Reversal with U.S. Interest Rates? - 27th July 15
How to Know When the Gold Bear Market is Over - 27th July 15
Gold Bear Market Phase III - 27th July 15
Silver Bull Hammer Buy Signal - 27th July 15
Gold Cracks Support and Plunges to New Lows - How Low Will Price Go? - 27th July 15
Commodity Markets Breakdown Of 2015 Is Now A Fact - 26th July 15
Gold Price at a Five-Year Low: Here’s What to Do - 26th July 15
Stock Market Primary III Inflection Point - 26th July 15
Central Banks and Our Dysfunctional Gold Markets - 25th July 15
Gold And Silver - The US Dollar Does Not Exist, Part II - 25th July 15
How Wall Street Put Apple Stock in Animal House - 25th July 15

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Stock Market Bubble in Trouble

Straddling 3D Super Bus for a Greener China

Economics / China Economy Aug 09, 2010 - 02:29 AM GMT

By: Dian_L_Chu

Economics

With its rapidly growing rural-to-urban population, China is in the midst of a massive transportation infrastructure upgrade in order to maintain the country's economic growth and development.



Xinhua reported Chinese railways transported 160 million passengers in July, up 12.8% from one year earlier, sending the January-to-July passenger count to 976 million. China also has the world's largest high-speed rail network with 6,920 km of tracks and more than 10,000 km in new tracks being laid.

The current major public transits in China include subway, light-rail train, Bus Rapid Transit (BRT), and normal bus. The latest addition to the lineup of Chinese public transit system could be the new straddling "3D super bus" (立體快巴), proposed by Shenzhen Hashi Future Parking Equipment Co., Ltd as a cheaper, greener and fast alternative to ease traffic jams and air pollution.

Discovery News describes it as "a huge bus that operates like a train on wheels," and is tall enough so vehicles lower than 2 m can go through under. According to China Hush, the bus can speed up to 60 km/h carrying 1200-1400 passengers at a time. It costs about 500 million yuan to build the bus and a 40-km-long path for it, about 10% of building equivalent subway. It is said that the bus can reduce traffic jams by 20-30%.

Environmentally, each bus can save up to 860 tons of fuel per year, reducing 2,640 tons of carbon emissions. It is powered partly by solar panels on each bus, but it's powered mostly by electricity. Beijing’s Mentougou District reportedly will launch a pilot program in the near future. 

According to Netherlands Environmental Assessment Agency, China now tops the U.S. as the no. 1 in CO2 emissions.  As China strives to cut its carbon dioxide emissions per unit of gross domestic product by 40-45% by 2020 compared with the level from 2005, as pledged last November before the Copenhagen Conference, this is just one of the many new initiatives we could expect coming out of China.

More data and statistics are needed to fully evaluate this new system. However, at first glance, it could mean more traffic accidents waiting to happen, but gets A+ for green effort and innovation.

(The presentation in Chinese by Shenzhen Hashi Future Parking Equipment is available on YouTube.) 

Dian L. Chu, M.B.A., C.P.M. and Chartered Economist, is a market analyst and financial writer regularly contributing to Seeking Alpha, Zero Hedge, and other major investment websites. Ms. Chu has been syndicated to Reuters, USA Today, NPR, and BusinessWeek. She blogs at Economic Forecasts & Opinions.

© 2010 Copyright Dian L. Chu - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2015 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Biggest Debt Bomb in History