Find the latest episode of "The Uncertain Hour" here. Listen
News In Brief

China plans $738 billion investment in renewable energy

Adriene Hill Aug 9, 2010

Bloomberg is reporting that China will invest 5 trillion yuan (nearly $740 billion) over the next 10 years into renewable energy projects.

China was already the world leader in clean energy investment, according to a report from The Pew Environment Group. China beat out the United States for the #1 spot in 2009. That same year, China topped the US’s energy consumption. The International Energy Agency finds China’s energy use more than doubled since 2000.

2009 Clean Energy Investment and Ranking (from Pew)

  1. China $34.6 billion

  2. United States $18.6 billion

  3. United Kingdom $11.2 billion

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.