May 24, 2009

Asia leading US in Green Investments

China has provided an answer for those in the US who say we shouldn't invest in green technology until China does as well.

In Asia, China is investing $220 billion of its economic stimulus package in green programs—over 3 percent of its total gross domestic product of $4.4 trillion. South Korea is investing 1.2 percent of its total GDP, or about $30 billion, into new green strategies to drive their own economic recovery.

Meanwhile, the United States is investing less than one half of 1 percent of our GDP on clean-energy stimulus programs.


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