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China to Invest $360bn in Green Energy

China will invest $360 billion in renewable power projects by 2020 as the world’s largest energy consumer moves away from coal

Wind power in China.
China will invest 2.5 trillion yuan ($360 billion) into renewable power projects by 2020 as the world’s largest consumer of energy starts to move away from coal. The National Energy Administration (NEA) said Thursday that the investment would help create more than 13 million jobs in the industry, Reuters reported. Image and caption courtesy of Newsweek.com

China just announced it will invest massively into its renewable energy sector as the world prepares for a new energy leader. Coal consumption has brought huge environmental problems although the economy has taken huge strides in past decades, growing from a poor, developing country, to the world’s largest economy…

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Planetary Energy Graphic

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U.S. Energy Subsidies

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U.S. Jobs by Energy Type

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Energy Water Useage

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U.S. Energy Rates by State

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Our energy comes from many sources, including coal, natural gas, nuclear and renewables.

As nonrenewable sources such as coal diminish due to market forces and consumer preference, the need for renewable energy sources grows.

Some U.S. states satisfy their growing renewable energy needs with wind, solar and hydropower.

Wind: Texas has the capacity to generate 18,500 megawatts hours of electricity through wind, and expects to add another 5,000 megawatts of wind generation capacity from facilities under construction.

Solar: California’s solar farms and small-scale solar power systems have 14,000 megawatts of solar power generating capacity.

Hydroelectric: Washington state hydroelectric power produces two-thirds of its net electricity.

Information courtesy of ChooseEnergy.com

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C40 Cities Initiative

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A Living Wage

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