Public Prediction: Green energy initiatives to reduce carbon emissions?
On the contrary, few industry experts believe that most of the energy reform programs are not successful in the recent times and argue that such initiatives will hamper certain businesses commercially with out significant long-term gain.
The Chinese government plans to invest RMB100 billion in the next 10 years to support the development of clean energy technologies and the new energy automobile industry, with a focus on providing support for the developers of core components, parts and new materials for use in the clean energy industries.
British Prime Minister David Cameron said: “In May 2010 I called for real action to make us the greenest government ever. I made a commitment that over the next 12 months, central government departments would reduce their carbon emissions by 10%.
“We have made a start but clearly we can all do much more to show leadership on this vital issue. So today is a clear challenge to cabinet ministers and an opportunity for the public to hold us to account.”
The US Department of Energy has signed final cooperative agreements with the FutureGen Industrial Alliance and Ameren Energy Resources that formally commit $1 billion in Recovery Act funding to build FutureGen 2.0. The FutureGen 2.0 project will help to position the US as a leader in innovative technologies for reducing carbon emissions from existing coal-fired power plants.
By working closely with private industry, governments and consumers the Energy Star, a government-backed program, was established to identify energy efficient products and reduce carbon emissions.
Developing nations like China and India have already invested hugely in solar and wind power projects in the recent times considering future energy needs.
- Energy produced from renewable resources is pollution free.
- The UK goal is to reduce carbon emissions by 80% by 2050.
- Water, wind and solar energy are big sources of green energy.
- Carbon dioxide (CO2) emissions are the most important cause of global warming.
- Betting closes on December 31, 2010.
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