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China Leads the Clean Energy Race – a Pew Charitable Trusts report
06 May 2011
pew_reportAccording to a recent report published by the Pew Charitable Trusts, China's investments in the clean energy economy, for the first time, surpassed those of the United States and other G-20 members. In 2009, China invested $34.6 billion – nearly double the United States' total of $18.6 billion.

 In "Who's Winning the Clean Energy Race? Growth, Competition and Opportunity in the World's Largest Economies", Pew examines key financial, investment and technological trends related to G-20 members and the clean energy economy. The report's primary focus is in fact on investment, as it is fuel that propels the innovation, commercialization, manufacturing and installation of clean energy technologies.

The findings to have emerged show that even in the midst of a global recession, the clean energy market has experienced impressive growth, and China is now clearly the world leader in attracting new capital and making new investments in this area.

Pew published the report to highlight how G-20 members are participating and where they rank in the clean energy economy. The data have been compiled and reviewed by Pew's research partner, Bloomberg New Energy Finance, the world's leading independent provider of news, data, research and analysis to decision-makers in renewable energy, carbon markets, energy smart technologies, and carbon capture and storage.

For more information and to download the report, please click here.

 

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