US IS 17 IN NEW ENERGY

US ranks 17 as clean tech producer, China is No. 2
Artthur Max, May 7, 2011 (AP via Sacramento Bee)

"Denmark earns the biggest share of its national revenue from producing windmills and other clean technologies, the United States is rapidly expanding its clean-tech sector, but no country can match China's pace of growth, according to a new report…

"China's production of green technologies has grown by a remarkable 77 per cent a year, according to [a report commissioned by the World Wildlife Fund for Nature and prepared by Roland Berger Strategy Consultants]…"

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"Denmark, a longtime leader in wind energy, derives 3.1 percent of its gross domestic product from renewable energy technology and energy efficiency, or about euro 6.5 billion ($9.4 billion), the report said…China is the largest producer in money terms, earning more than euro44 billion ($64 billion), or 1.4 percent of its gross domestic product.

"The U.S. ranks 17 in the production of clean technologies with 0.3 percent of GDP, or euro 31.5 billion ($45 billion), but those industries have been expanding at a rate of 28 percent per year since 2008…But the U.S. cannot compare with China…"

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"The report…measured the earnings from producing renewables like biofuels, wind turbines and thermal equipment, and energy efficiency technology such as low-energy lighting and insulation…

"Following Denmark and China, other countries in the top five clean-tech producers, in terms of percentage of GDP, are Germany, Brazil and Lithuania, the report said."