China is the country that has invested more in clean energy in 2010

May, 2011

U.S. Pew Environment Group has recently released a report on investments in clean energy in 2010. According to the survey carried out in the document, China was the country that had the highest investments in the sector during 2010, surpassing Germany and the United States, respectively the third and second place.

According to the report "Who's Winning the Clean Energy Race", recently issued by the U.S. Pew Environment Group, a branch of the non-profit Pew Charitable Trusts, which deals with environmental protection, China is the country that has invested more in clean energy in 2010.China invested, in fact, $ 54.4 billion dollars last year, compared to $ 39.1 billion dollars in 2009. Despite an increase of 51% of investments, the United States slipped to third place with $ 34 billion, preceded in second place by Germany, which invested 41.2 billion dollars. Overall, the sector has attracted investments of 243 billion, registering an increase of 30% over 2009. Italy, which ranked fourth, has invested 13.9 billion dollars in 2010, with an increase by 71% over five years. The list goes as follows: in the fifth position, the rest of the EU countries (13.4 billion dollars), Brazil ranks sixth, with 7.6 billion dollars, and then Canada with 5.6 billion dollars and Spain, with 4.9 billion dollars, finally France and India, both by investing $ 4 billion. China, according to the report in question, as well as having supported some clean energy to other traditional forms, is the largest producer of wind turbines and solar units .
“We must accelerate the development and use of renewable energies to ensure the country's energy security and better cope with climate change”

Wen Jabao

Chinese Premier

Staying on the theme of investment in energy, China has just announced that it has frozen the approvals for the construction of new nuclear plants on its soil, following the tragedy in Japan. China in recent years was engaged in an important way on the nuclear crisis but the Japanese tragedy made it inevitable a review of its projects. China has 13 reactors operating on the coast and 28 others under construction: the country accounts for 40% of worldwide plants under construction. Over the past two years approvals for new projects had reached fairly quickly, but now the State Council said that the safety standards should be reviewed strictly. All plants under construction that do not meet safety criteria, therefore, will be deleted.