Er, not quite. China overtook the US during 2009 to become the biggest investor in renewable energy technologies, according to a new analysis. Researchers with the Pew Charitable Trusts calculate that China invested $34.6bn (£23.2bn) in clean energy over the year, almost double the US figure. The UK emerges in third place among G20 nations, followed by Spain and Brazil. The most spectacular growth has come in South Korea, which saw installed capacity rise by 250% in five years.
"Even in the midst of a global recession, the clean energy market has experienced impressive growth," said Phyllis Cuttino, director of Pew's campaign on climate change. "They know that investing in clean energy can renew manufacturing bases, and create export opportunities, jobs and businesses."
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