About: China seizes low carbon export opportunities in clean tech race   Sponge Permalink

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China is already the world’s leading renewable energy producer , and is over-taking more developed economies in exploiting valuable economic opportunities, creating green-collar jobs and leading development of critical low carbon technologies, says a new report to be published July 2008 by The Climate Group. The report reveals that the low carbon economy is just as attractive to developing nations like China, as it is for richer countries such as the UK, Japan and Germany.

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  • China seizes low carbon export opportunities in clean tech race
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  • China is already the world’s leading renewable energy producer , and is over-taking more developed economies in exploiting valuable economic opportunities, creating green-collar jobs and leading development of critical low carbon technologies, says a new report to be published July 2008 by The Climate Group. The report reveals that the low carbon economy is just as attractive to developing nations like China, as it is for richer countries such as the UK, Japan and Germany.
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  • China is already the world’s leading renewable energy producer , and is over-taking more developed economies in exploiting valuable economic opportunities, creating green-collar jobs and leading development of critical low carbon technologies, says a new report to be published July 2008 by The Climate Group. The report – China’s Clean Revolution - shows that China’s transition to a low carbon economy is well underway, led by supportive government policies which are not only driving innovation in low carbon technologies but also diverting billions of dollars of investment into energy efficiency and renewable energy. The report reveals that the low carbon economy is just as attractive to developing nations like China, as it is for richer countries such as the UK, Japan and Germany. China’s combination of cost advantages, a clear policy framework, a dynamic and entrepreneurial business environment and abundant abatement opportunities, is proving that developing nations have as much, if not more, to gain from investment in low carbon solutions creating green-collar jobs, social benefits and economic growth. Despite its coal-dependent economy, the report reveals Chinese government and businesses have embarked on a Clean Revolution that has already made it a world leader in the manufacture of solar photo-voltaic technology (Solar PV) where its six biggest solar companies have a combined market value of over USD $15 billion. China is also set to become the world’s leading manufacturer of wind turbines, with production capacity expected to reach 10GW per year by the end of 2009, and is competing aggressively in other low carbon markets including solar water heaters, energy efficient home appliances, and rechargeable batteries.
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