CREWE: China becomes world leader in clean-energy investments

CONTACT:

Thad Nation, (414) 412-7814

United States’ investments are only half of China’s

(MADISON, Wis.)—A study released Wednesday by the Pew Charitable Trusts showed China invested $34.6 billion in clean-energy investments and finance in 2009 to lead all G-20 members, the coalition for Clean, Responsible Energy for Wisconsin’s Economy (CREWE) announced. The United States ranked second with $18.6 billion.

“Wisconsin can do its part in committing to clean energy by passing the proposed Clean Energy Jobs Act,” Thad Nation, executive director of CREWE, said. “The United States can and should be a leader in this area, and it starts on a state level.”

The report also showed the United States (103 percent) trailing Turkey (178 percent), Brazil (148 percent), China (148 percent), the United Kingdom (127 percent) and Italy (111 percent) in investment growth over the past five years.

“The United States’ competitive position is at risk in the emerging clean energy economy,” Phyllis Cuttino of the Pew Charitable Trusts said. The organization is driven by the power of knowledge to solve today’s most challenging problems

A copy of the report can be found at http://www.pewtrusts.org/uploadedFiles/wwwpewtrustsorg/Reports/Global_warming/G-20%20Report.pdf.

CREWE is a coalition that formed to advocate meaningful change in energy policy consistent with the Governor’s Global Warming Task Force final report, which will have a positive impact on Wisconsin’s economic development and security while fostering job creation.

CREWE’s membership consists of CleanPower, Alliant Energy, EcoEnergy, Johnson Controls, Xcel Energy, C5•6 Technologies, Axley Brynelson, Madison Gas and Electric, Orion Energy Systems, Forest County Potawatomi Community, Wisconsin Energy Corp., Poblocki Sign Company, Emerging Energies of Wisconsin, MillerCoors, American Transmission Co., WPPI Energy, DTE Energy Services, Kranz, Inc. and Greenwood Fuels.

The coalition is dedicated to joining forces with other supporters to promote responsible policies that address climate change; create jobs; promote energy efficiency, reliability and independence; and mitigate the economic impacts of rising energy costs.

For more information on joining this campaign, please visit http://www.WICREWE.com and follow CREWE on Twitter (@WI_CREWE).