To paraphrase President Barack Obama in one of his State of the Union Address, the nation that becomes the leader in clean energy economy will become the leader of the global economy. How very true, indeed, especially when one considers that the renewable energy industry and its allied industries are growing by leaps and bounds even in the worldwide recession. Any nation that can supply the increasing demand for all things related to renewable energy from the solar panels to the wind turbines will become rich by going green.
At present, it is China that is cashing in on the green revolution, with factories spread out over the rural and urban areas dedicated to the production of renewable energy equipment and materials. This is very ironic considering that China is not exactly a nation that environmentalists will award the most eco-friendly in the world, far from it. Then again, the United States is guilty of many dastardly acts against the environment, too.
Proofs of this fact are the following statistics of how China fares in comparison with its nearest competitor in the renewable energy industry. First, China and the United States are the top two producers of greenhouse gases, with Russia, India ...