The situation is critical in the People’s Republic of China as everyday it is becoming more and more evident than business-as-usual scenario would doom the country, and the world.
As the air pollution in Beijing is reaching truly horrifing levels the local government has called to ” reduce emissions of “major pollutants” by as much as 10 per cent by 2015 “ according to The Telegraph.
To do so, the country will need no less than ” $536 billion (410 billion euros) of investments for environmental protection in the five years through 2015 “ as Bloomberg reports.
By increasing again and again its efforts in solving their massive pollution problems, it seems China will one day lead the world cleantech industry.
As both Europe and America keep lagging on this matter, it sure seems it will be the case. (Or perhaps it is already…)