China to take the lead in the cleantech arms race
It seems that at least one country clearly understood how cleantech is important, even vital in today’s and tomorrow’s world. Indeed, the People’s Republic of China is going full speed ahead at developing all clean energy sources.
On June 19 it revealed a $738 billion dollar plan – 545 billion euros – to develop cleaner energy sources within the next decade. This takes place a few days after the IEA noted that the country became the world’s first energy consumer.
I believe this plan may solve their huge environmental problems while cutting their addiction to fossil fuels. This is much needed as the country has per capita emissions higher than France.
For further reading, please check out :
Forbes : Why China Has To Dominate Green Tech