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August 11, 2008

According to environmental groups, "Climate Organization" the research report pointed out that in 2007 China's renewable energy industry in the total investment second only to Germany, ranked second in the world. The report pointed out that China is a start of the carbon and energy "clean revolution."

The BBC reported that "organizational climate" for the title <China's clean revolution> the report said, emissions of carbon dioxide has been the highest in the world of China in 2007, a total of 20 investment 100 million U.S. dollars in renewable energy. Related industries, the amount second only to Germany's 14 billion, ranking the second in the world. The report also predicted that China's 2009 renewable energy will become the largest country in total investment.

One of the authors of the report, the organization in charge of the project were in China said Wu Changhua, China has to strengthen renewable energy investment, in part because they have to realize that the Western industrial development model is not sustainable development. On the other hand, traditional energy prices in recent years due to the steadily soared, making new energy technology and traditional energy generation gradually narrow the gap between the cost of renewable energy related investments become more attractive.

The report predicted that China in the next 12 years, average annual investment of 300 will be 30 billion dollars in renewable energy technologies. Therefore, Wu Changhua said that in 2009 China will surpass Germany to become the largest amount of investment in renewable energy the country.

* Beijing Austrian organizing the seven-year hit 1 trillion 100 billion Taiwan dollars

 

 
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