A new report by The Climate Group shows that in an incredibly short space of time China has taken the lead in the race to develop and commercialize a range of low carbon technologies. On the back of ambitious government policies and a new breed of entrepreneurs, Chinese businesses are amongst the top producers of electric vehicles, wind turbines, solar panels and energy efficient appliances. Even with this growth, the opportunities for Chinese and foreign companies are huge. A successful agreement in Copenhagen later this year will open the door to further collaboration and growth.

Building on The Climate Group’s 2008 report, the new report, China’s Clean Revolution II: China’s opportunity for a low carbon future is a synthesis of the latest information on China’s progress towards a low carbon economy and aims to keep a-pace with a rapidly evolving green agenda in China, as well as expanding to cover new industries including

The report examines four key areas of China’s low carbon economy: low carbon vehicles, energy efficiency in industry, renewable energy and low carbon buildings and urban design. In each of these areas Chinese businesses, supported by the Chinese government, are demonstrating solid progress:

• Thirteen Chinese cities have signed up to a government scheme to purchase 13,000 electric vehicles (EVs) this year in total. The aim is to manufacture half a million EVs in China in 2011;
• The energy intensity of the Chinese economy has fallen by over 60% since 1980, and the government has set a goal of reducing it by a further 20% between 2005 and 2010;
• Internationally, mainland China supplies 30% of the world’s solar PV technology (Greater China, including Taiwan, 40%); domestically, China is the largest wind power generator in Asia and fourth in the world;
• China’s energy conservation goals include a 50% energy conservation standard for all new buildings and a 65% standard for new buildings in some major cities by 2010.

(Taken from a Press release issued by the Climate Group - August 20, 2009)

Comment: China is forging ahead with its commitment to “Green business”, perhaps its makes good business sense; perhaps they’re concerned about the environment. Perhaps a combination of both? Dragon Bus China, where ever possible tries to limit our carbon footprint within the Country. Yes we don't (cannot) use electric buses, but we do 100% offset YOUR carbon emissions through our partnership with Climate Friendly