Sunday, May 8, 2011

US ranks 17 as clean tech producer, China is No. 2

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.

Source: Yahoo! News

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