China powers booming world climate change industry

Australian: THE global climate change industry is now worth more than $528bn, powered by China’s rise as one of the top nations for climate revenues. As the debate on setting a price on carbon in Australia continues, HSBC Global Research issued a report on climate change that showed the sector had proved resilient to the global slowdown, seeing less than a 0.9 per cent decline in revenues in 2009, as companies push ahead with plans despite political uncertainty over green …

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