Monday, July 11, 2011

The Real Leaders in Economic Growth - Green

They used to envy our growth and innovations on most of the economic issues, no longer, they lead as we fall further and further behind and instead will need what they produce for us to even attempt to develop, my how things have changed in only some thirty years!

China and the European Union are outstripping the U.S. in the green economy


July 9, 2011 - While the United States government seems incapable of producing a jobs bill much less a green jobs bill, China and the European Union have been developing green economies for the past several years. The U.S. has talked about climate change but mostly in an effort to deny that it exists. Meanwhile other countries have accepted climate change as a fact and have been developing the technology and jobs to reduce pollution, and capitalize on renewable energy.

Just a few days ago, Xinhuanet, a Chinese news agency reported that President of the Party of European Socialists (PES) Poul Nyrup Rasmussen, had called for greater cooperation between China and the European Union (EU) on energy efficiency and the green economy. Rasmussen said “the development of the green economy and renewable energy will boost economic growth, benefit people, and in particular, create millions of jobs.”

Unlike the United States, China set a goal of reducing carbon emissions by 45 percent from 2005 levels by 2020. In order to achieve that goal, China expects for 15 percent of its energy to come from renewable sources like wind and solar. As of 2009, China was producing more solar panels and wind turbines than any other country in the world. The country is also “a leading producer of hybrids and fully electric vehicles”.

A year ago we reported that China had exceeded and continues to exceed it’s wind power goals. read more>>>

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