Renewable energy a growth area for India, China and South Korea
India, China focussing on renewable energy sources: WEF, Economic Times, 9 MAR, 2012, DUBAI: India, China and South Korea are increasingly focusing on renewable energy sources, including wind and solar, as potential growth sectors for their economies, a World Economic Forum report said today. …. While multiplier effects for solar and wind energy were lower during operation, their contribution during the construction phase also reached as high as 3.3 indirect jobs per energy job.
“The energy industry is unique in its economic importance and has the potential to be a tremendous catalyst for job creation and sustainable growth without harming the sector’s overall performance,” said Chairman Daniel Yergin of IHS CERA, which partnered in the preparation of the WEF report. …. http://economictimes.indiatimes.com/news/politics/nation/india-china-focussing-on-renewable-energy-sources-wef/articleshow/12198416.cms
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