By Julio Friedmann

I had the pleasure of visiting a clean-energy project just outside of Shanghai last year. The project installed brand new equipment on a large coal-fired power plant to capture 120,000 tons of CO2 each year. Dr. Liu, our guide, impressed us with a few facts

-- The new equipment was designed, built and made operational in just one year, incredibly fast for this kind of operation.

-- In fact, it was permitted in three days! It had very low operating costs (still does after one year of operation, too).

-- Everything we saw was indigenous design.

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