Home / Environment / Report Review Tools: Save | Print | E-mail | Most Read | Comment
Report: China unleashes clean revolution
Adjust font size:

A report published on Friday hails China as the world's leading renewable energy producer, overtaking more developed economies in exploiting valuable economic opportunities, creating green-collar jobs and leading development of critical low carbon technologies.

The report was released by the Climate Group, an independent organization that works internationally with government and business leaders to advance climate change solutions and accelerate a low carbon economy.

The report, entitled China's Clean Revolution, shows that China's transition to a low carbon economy is well underway, led by supportive government policies which are not only driving innovation in low carbon technologies but also diverting billions of dollars of investment into energy efficiency and renewable energy.

It reveals that the low carbon economy is just as attractive to developing nations like China, as it is to richer countries such as Britain, Japan and Germany, the report says.

China's combination of cost advantages, a clear policy framework, a dynamic and entrepreneurial business environment and abundant abatement opportunities, is proving that developing nations have as much, if not more, to gain from investment in low carbon solutions to create green-collar jobs, social benefits and economic growth, it says.

Despite its coal-dependent economy, says the report, the Chinese government and businesses have embarked on a clean revolution that has already made it a world leader in the manufacturing of solar photovoltaic technology (Solar PV).

Over the next 12 months, China is also set to become the world's leading exporter of wind turbines and compete aggressively in other low carbon markets including solar water heaters, energy efficient home appliances and rechargeable batteries.

Steve Howard, CEO of the Climate Group which has its base in Britain, the United States, Australia, China and India, said: "The reality is that China's government is beginning to unleash a low carbon dragon which will power its future growth, development and energy security objectives."

Changhua Wu, China director of the Climate Group, said: "Far from ignoring climate change, Chinese leaders have already committed to improving energy efficiency and scaling up the growth of low carbon industries. China is beginning to pull its weight on climate change and the targets and policies in place are in line with those being taken by 'leading' countries like the UK and Germany."

Investment in renewable energy in China is almost level with world leader Germany as a percentage of GDP (gross domestic product), says the report.

China also leads the world in terms of installed renewable capacity, added Howard.

Stronger policies from the Chinese government are creating increased demand for low carbon investment and China will require a further 398 billion dollars, or 33 billion dollars per year, to meet its 2020 renewable energy goals.

"China's current trajectory will ensure it remains a strategic global hub for low carbon investment, innovation and growth over coming decades," said Howard.

All About Climate change, Energy saving, Carbon investment

(Xinhua News Agency August 1, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name

China Archives
Related >>
- China's 1st carbon capture facility at thermal plant
- Plan to store carbon dioxide underground
- China has bigger role to play in carbon trading
- UN officials respond to questions on climate change
- Joint carbon project launched
- Study: Global warming may increase kidney stone cases
Most Viewed >>
- 1,110 rockets fired to disperse rain for Olympic Opening
- Thousands evacuated as rain sweeps Yunnan
- Beijing sky turns blue
- Rain cools Beijing, Shanghai, delays Olympics tennis event
- 10 rare flowers and plants in the world
Air Quality 
Cities Major Pollutant Air Quality Level
Beijing particulate matter II
Shanghai I
Guangzhou particulate matter II
Chongqing particulate matter II
Xi'an I
NGO Events Calendar Tips
- Environmental English Training (EET) class
- Hand in hand to protect endangered animals and plants
- Changchun, Mini-marathon Aimed at Protecting Siberian Tiger
- Water Walk by Nature University
- Green Earth Documentary Salon
Sichuan Earthquake

An earthquake measuring 7.8 on the Richter scale jolted Sichuan Province at 2:28 PM on May 12.

Panda Facts
A record 28 panda cubs born via artificial insemination have survived in 2006.
South China Karst
Rich and unique karst landforms located in south China display exceptional natural beauty.
Saving the Tibetan Antelopes
The rare animals survive in the harsh natural environment of the Qinghai-Tibet Plateau.
Laws & Regulations
- Forestry Law of the People's Republic of China
- Meteorology Law of the People's Republic of China
- Fire Control Law of the People's Republic of China
- Law on Protecting Against and Mitigating Earthquake Disasters
- Law of the People's Republic of China on Conserving Energy
State Environmental Protection Administration
Ministry of Water Resources
Ministry of Land and Resources
China Environmental Industry Network
Chengdu Giant Panda Research Base