Asian economies look set to outstrip the US in the clean technology market by rapidly increasing investment in manufacturing capacity and research and development, said a report by two American think-tanks.
The US attracted about $52bn (€35bn, ￡31bn) in private capital for renewable energy technologies between 2000 and 2008, said a report from the Breakthrough Institute and the Information Technology and Innovation Foundation.
China was catching up rapidly by the end of that period, with a total of $41bn in private capital invested.
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