This was a great article I found in the Financial Times, written by Jane Bird...
"...For green technology pioneers government funding can make all the difference as they strive to transform a clever idea into a successful product. For governments, the goal is a thriving sector that can cut carbon footprints and create jobs. Many are dedicating substantial funds to the sector. The European Union has earmarked 1,8 billion Euros for environmental research projects under Framework Programme 7. In the US, more then USD 80 bn has been allocated in clean in clean energy investments, under President Obama's pledge to invest USD 150bn over 10 years on cleann energy. China's green technology spending is soaring, according to figures compiled by Bloomberg News Energy Finance. It reached USD 34.6bn last year, compared with USD 2,5bn five years ago. The UK has set aside 22m Pounds for marine energy, part of an 80m Pound budget for green technology announced in October 2009..."


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