Renewable energy getting global support
International Support for Renewable Energy, Environmental Leader, Jeff Colton, 24 July 12, With the December 31 deadline for the extension of the wind power production tax credit (PTC) looming, the future of American green energy hangs in limbo. The US might to look to other countries that are dedicated to the development of the renewable energy sector and make the passing of the PTC extension — and support for clean energy in general — a priority.
China’s Sustainability Plans In its twelfth Five-Year Plan, China places strong emphasis on boosting economic growth through the encouragement of the development of seven emerging industries: new energy, energy conservation and environmental protection, biotechnology, new materials, new IT, high-end equipment manufacturing and clean energy vehicles. It is no surprise that three of the seven priority industries revolve around sustainability, given China’s narrow miss of its eleventh Five-Year Plan target of reducing energy consumption by 20 percent. China is understandably more aggressive in its investments in a low-carbon economy. The country aims to reduce greenhouse gas emissions by 40 to 45 percent per unit of gross domestic product (GDP) by 2020, compared with 2005 emission levels…. http://www.environmentalleader.com/2012/07/24/international-support-for-renewable-energy/
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