239 Billion Green Opportunities in China
There are 239 billion green opportunities in China. That is, China is planning on spending Y2 trillion ($239 million) to ensure that renewable energy will account for 15% of the nation’s power by the year 2020. China is the world’s second largest energy user. A country one fourth the size uses more.
Presently, less than 10% of China’s power comes from renewable energy. The government has earmarked Y1.4 trillion from 2006-2010. The U.S. says the clean technology market in China will be about $186 billion in 2010 and grow to $555 billion by 2020. Okay, I lost track of how much money can be made.
Looking for a good business opportunity? Help China become greener. They’ll pay out the gazoo for any good idea you can come up with. The best ideas – clean coal and carbon capture technologies says one expert.
Do you have a green idea?
sarah from diy solar panels
Seems like China is once again way ahead of the United States in technology, especially when it comes to green opportunities.
February 7th, 2010 at 4:59 pmSean from Learn Chinese
The Chinese need all the help they can get when it comes to cleaning up all the pollution. I am an American living in China, before I had moved to China I never cared much for environmental issues.
After living in Chinese cities for 5 years, and breathing the polluted Chinese air day in and day out, is when I truly learned the importance of a clean environment. When I move back to the United States, I will never take a clean environment for granted.
It’s too bad most people (myself included) don’t learn the importance of never allowing the problem to get out of control in the first place.
March 18th, 2010 at 7:42 amJack from lionel model trains
What a beautiful picture! There certainly will be some great business opportunities in China as they continue to “go green”. Especially since they recently jumped onboard of the massive worldwide pledge to cut emissions. It should drive their reliance and development on green technologies.
May 13th, 2010 at 5:53 am