China leads the world in clean-energy finance and investment investment, finance, leads, world, China

peter236

http://latimesblogs.latimes.com/ ... ;utm_medium=twitter

China leads the world in clean-energy finance and investment
March 25, 2010 |  6:00 am

China blazed past the U.S. and other major economies to dominate a tally of clean-energy investment and finance for the first time, according to a report released Thursday.

The Asian powerhouse pumped $34 billion into green power growth, while the U.S. contributed just $18.6 billion, according to numbers from the Pew Charitable Trusts. The data are based on investments including venture capital, initial public offerings from expanding companies, mergers and acquisitions and lending for large projects.

The study showed the U.S. lagging in several areas, trailing not just China, but Brazil, Britain, Italy and even Turkey in the growth rate of its clean-energy investments over the last five years.

In asset financing, a major gauge of green jobs and business growth, the U.S. in 2009 had just $11.2 billion. China led with $29.8 billion.

The U.S., along with Japan and Australia, is also falling behind countries including China and Germany that have strong national energy policies such as renewable fuel standards, carbon markets, priority loans for alternative-power projects and clean-energy targets, according to Pew.

Though leading in venture capital and private equity investments linked to innovative technologies, overall renewable power investment from the U.S. was five times less than Spain and three times less than China and Britain.

Clean-energy investments around the world have shot up 230% since 2005, according to Pew, reaching $162 billion in 2009. Member countries of the Group of 20 finance ministers, including the U.S., China and India, account for more than 90%.

Investment is expected to reach the $200-billion mark this year, the study said.

“Countries are jockeying for leadership,” said Phyllis Cuttino, who directs the Pew Environment Group’s Global Warming Campaign. “They know that investing in clean energy can renew manufacturing bases and create export opportunities, jobs and businesses.”
-- Tiffany Hsu

tofu

so how much per person?

sheep

so how much per person?
tofu 發表於 2010-7-14 09:47

   Urrrrrr....... Um.......
talk to you later

peter236

so how much per person?
tofu 發表於 2010-7-14 09:47

That's irrelevant, since production cost varies from country to country.
It is the total gigawatt electricity generated from solar power that is important. China is developing rapidly in this area.

sheep

回復 4# peter236


    so why need the 3 gorges dam to generate electricity

Lik

China is developing rapidly in this area.
peter236 發表於 2010-7-14 12:10

And the wealth and economic benefits continue to concentrate only among the super rich while people in the countryside and rural areas continue to suffer and eat shxt.

Perfect utopia~

-Lik

peter236

And the wealth and economic benefits continue to concentrate only among the super rich while people ...
Lik 發表於 2010-7-14 12:37

You moron, you are talkiing crap again. Millions of Chinese are moving into the cities. The rural population is shrinking year by year. Protein intake increase rapid even in the rural areas. Government rebates on home appliances benefit those in rural areas. The electricity generated from solar power is fed into the national power grid, so all people benefit, not only those in cities and certainly not only those who are rich. All the subways in China cities are powered by electricity, so everyone benefit.
So while Chinese are enjoying cleaner environment, the Canadians are still taking in their own car pollution. Canadian usage of fossil fuel is still leading the world. Canada/US are doing little to reduce the use of fossil fuels.

peter236

回復  peter236


    so why need the 3 gorges dam to generate electricity
sheep 發表於 2010-7-14 12:34

The 3 gorges project is not only for generating electricity, but also for river navigation and flood control.