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Wednesday, 17 April 2013

China trounces U.S. in green energy investments

China retook its top spot as global leader in the clean energy race, attracting nearly twice the green energy investment dollars last year as the United States did.


Investors plowed $65 billion into Chinese wind farms, solar panel arrays and other clean energy projects in 2012, a 20% increase over the year prior, according to a report released Wednesday by Pew Charitable Trusts and Bloomberg New Energy Finance. The numbers reflect only private investments in power projects, and do not include government subsidies or R&D money.


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Steve Hargreaves, CNN Money via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/TeubLp2MX3E/

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