Follow on Google News News By Tag * Climate Change * Carbon Credits * Carbon Emissions * Enviromenal Impact * China * Copenhagen Climate Conference * More Tags... Industry News News By Place Country(s) Industry News
Follow on Google News | Financial Soultions: The global greentech race is on, and the EU plans on winning!The U.S. and China have both announced big stimulus packages for greentech, now the EU has joined in.
"We don't have much choice if we are serious with tackling climate change and remaining competitive," "In January 2009, U.S. President Obama announced investment in renewable energy and China presented a recovery plan focused on clean technologies," The new plan should see solar power receiving 16 billion euros over the next 10 years and up to 30 energy-cutting "Smart Cities" should be completed with financing of nearly 11 billion euros, according to the European Commission. The commissioner pointed out that, "The bulk of funds will certainly have to come from where the bulk of funds are; the private sector and the European Union member states." Predominantly, the money for the Strategic Energy Technology Plan (SET Plan) will originate from existing elements of the EU's complex web of funds. But at least 50 billion euros, Financial Soultions, understands over the next decade would be supplementary financing. # # # Financial Soultions is a Boutique Investment Advisory Firm with very selective Corporate, Private and Institutional Clientèle who enjoy above average returns and service. End
Account Email Address Disclaimer Report Abuse
|
|