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September 16, 2011

China leads world in green energy investment

BBC News - China leads world in green energy investment:

'via Blog this'

Global investment in renewable energy jumped 32% in 2010 to a record $211bn (£130bn; 149bn euros), according to the Global Trends in Renewable Energy Investment 2011 report.

Published jointly by the UN Environment Programme and the Frankfurt School of Finance, it shows that China has become the largest investor in renewable energy projects.

But the country still faces grave cases of pollution despite progress in cutting down on the number of new coal-burning power stations during the last five years.

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