AMSTERDAM — Denmark earns the biggest share of its national revenue from producing windmills and other clean technologies, the United States is rapidly expanding its clean-tech sector, but no country can match China’s pace of growth, according to a new report obtained by The Associated Press.
China’s production of green technologies has grown by a remarkable 77 per cent a year, according to the report, which was commissioned by the World Wildlife Fund for Nature and which will be unveiled on Monday at an industry conference in Amsterdam.
“The Chinese have made, on the political level, a conscious decision to capture this market and to develop this market aggressively,” said Donald Pols, an economist with the WWF.
Denmark, a longtime leader in wind energy, derives 3.1 percent of its gross domestic product from renewable energy technology and energy efficiency, or about euro6.5 billion ($9.4 billion), the report said.
China is the largest producer in money terms, earning more than euro44 billion ($64 billion), or 1.4 percent of its gross domestic product.
The U.S. ranks 17 in the production of clean technologies with 0.3 percent of GDP, or euro31.5 billion ($45 billion), but those industries have been expanding at a rate of 28 percent per year since 2008.
“The U.S. is growing substantially, so it seems the policy of (President Barack) Obama is working,” Pols said. But the U.S. cannot compare with China, he said.
http://www.washingtonpost.com/world/denmark-tops-list-of-clean-technology-producers-china-is-no-2-us-at-17-is-rapidly-expanding/2011/05/08/AFGax6MG_story.html
China’s production of green technologies has grown by a remarkable 77 per cent a year, according to the report, which was commissioned by the World Wildlife Fund for Nature and which will be unveiled on Monday at an industry conference in Amsterdam.
“The Chinese have made, on the political level, a conscious decision to capture this market and to develop this market aggressively,” said Donald Pols, an economist with the WWF.
Denmark, a longtime leader in wind energy, derives 3.1 percent of its gross domestic product from renewable energy technology and energy efficiency, or about euro6.5 billion ($9.4 billion), the report said.
China is the largest producer in money terms, earning more than euro44 billion ($64 billion), or 1.4 percent of its gross domestic product.
The U.S. ranks 17 in the production of clean technologies with 0.3 percent of GDP, or euro31.5 billion ($45 billion), but those industries have been expanding at a rate of 28 percent per year since 2008.
“The U.S. is growing substantially, so it seems the policy of (President Barack) Obama is working,” Pols said. But the U.S. cannot compare with China, he said.
http://www.washingtonpost.com/world/denmark-tops-list-of-clean-technology-producers-china-is-no-2-us-at-17-is-rapidly-expanding/2011/05/08/AFGax6MG_story.html
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