Thursday, 15 March 2012
China tops list of world's list of investors in clean energy
Despite what you may have heard in the press about China being a major polluter, it remains the world's leading investor in low-carbon energy technology according to a study by the US Pew Environment Group. The Chinese invested $54.4bn (£34.1bn) in low carbon technology across 2010, an increase of $39.1bn from 2009. The US also increased its investment $34bn, but it still fell from 2nd to 3rd in the ranking, behind Germany at $41.2bn. Disappointingly, the UK did not even make the top 10 as investment fell by 70% in 2010.