Data from the first quarter of 2010 show a solid growth in global clean energy investment. While China maintained its global lead with clean energy investments of $6.5bn, the wind energy sector saw a global investment of $14.1bn, making it the biggest renewable energy sector. In spite of some lingering concerns, a record overall new investment in clean energy worldwide is forecast for the year 2010.
The way it is looking right now it sometimes seems like China is going to leave the US in the dust in the post fossil energy economy. Recent signs point to an increasingly green thinking China that is getting serious about greening its economy and making it much more energy efficient and one has a serious long term plan (and potential) to green its economy. Its wind and solar sectors are growing at a breakneck pace and are poised to continue doing so and within a few years — if this growth rate continues — will propel China into a world leading position in solar and wind energy production. In updated news the Pew Charitable Trusts has reported that China is now spending almost twice as much as the US is on investments in investments in clean renewable energy. Last year (2009) U.S. clean energy investments reached $18.6 billion, while China invested $34.6 billion in their clean tech energy.
Amid a growing call for reducing atmospheric concentrations of CO2 to 350 parts per million, a group of economists maintains that striving to meet that target is a smart investment — and the best insurance policy humanity could buy.
In the wake of a new report revealing that a clean-energy grant program in the stimulus has paid out more than $1 billion to foreign manufacturers, U.S. Senators Charles E. Schumer (D-NY), Bob Casey (D-PA), Sherrod Brown (D-OH) and Jon Tester (D-MT) urged the Obama administration Wednesday to suspend the program indefinitely until the law can be fixed so that funds only flow to projects that will create jobs in the United States.
The drive to extract and store CO2 from coal-fired power plants is gaining momentum, with the Obama administration backing the technology and the world’s first capture and sequestration project now operating in the U.S. Two questions loom: Will carbon capture and storage be affordable? And will it be safe? by David Biello, Editor of Scientific […]
There has been growing talk about a clean-tech race between China and the U.S., often cast in ominous tones. But the quest to develop and implement renewable energy can be one where both nations win.
Industrial Ecology is the practice of making industrial systems operate more like natural systems. This involves less wastage and associated benefits in terms of profitability and environmental improvement. However, in order for these systems to work it is essential that those indstries involve are capable of beneficial interaction. This article asks whether, given the required interaction options, retrofitting of industrial ecology priniciples to exisiting industry has potential.
It is a rough time to be a startup in the Solar Photovoltaic sector. The financial crisis and deep recession has not only dried up capital, but has also hit demand for solar panels, which has lead to a global supply glut and a price collapse. In this very difficult environment startups must compete with much larger established global suppliers that have factories of hundreds of megawatts each, an established customer base and well developed brand names and sales channels. In this post we look at five promising CIGS thin film Solar PV startups based in the US and try to catalog their unique strengths and accomplishments.
2010 will see extended range plug in hybrids — as well as all electric vehicles start to hit the road in significant numbers. The plugin hybrid electric vehicle (PHEV) is a primarily an electric vehicle with a small non-electric motor to extend their range; it is more of an electric vehicle and less of a gas powered vehicle than current hybrids. This post examines some of the main players in this emerging electic vehicle sector.
![[Updated] Will a Greening China Leave America in the Dust? Now They Have](https://greeneconomypost.com/wp-content/uploads/2010/03/China-offshore-wind-farm.jpg "[Updated] Will a Greening China Leave America in the Dust? Now They Have")
