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Talk in Washington; Action in Beijing and Brussels

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What's wrong with this headline? In Washington, D.C., there’s an ongoing debate about whether big oil and gas companies should keep their huge tax-payer funded subsidies. Meanwhile, in Beijing, the government is strategically maneuvering to capture the economic benefits of the future clean energy economy. A study released this week concludes that China’s green tech industry raked in $65 billion last year – making it the world’s leader in green tech production by revenue.

The green tech market contributed an impressive 1.3% of China’s GDP, boosting China’s rank based on percentage of GDP to #2. Windmill production giant Denmark scored highest with its green tech sector contributing 3% of its GDP.

The study (conducted by Roland Berger Strategy Consultants and commissioned by the World Wildlife Fund) also ranked the US. Guess what? We’re way down the list at #17.Read more

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Solar Power Industry Growth Opportunities

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Dr. Charles Gay, President of Applied Materials’ Solar division, discusses the impact of the new 33% Renewable Portfolio Standard that was just passed into California law. This interview with the Daily Energy Report is the first of a two part series.

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Clean Tech Victory for California’s RPS!

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California celebrated a major clean energy milestone yesterday as Governor Brown signed into law a bill that will significantly diversify the state’s energy portfolio.

The enacted legislation, which was authored by state Sen. Joe Simitian, D-Palo Alto, will increase the state’s renewable portfolio standard (RPS) to 33% by 2020 (up from the pre-existing RPS of 20%). This new law is a giant leap forward and sends an encouraging message to the venture capital community that the state remains committed to developing a vibrant renewable energy and clean technology sector.Read more

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Symposium Highlights Environmental Sustainability as a Core Business Strategy

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The Silicon Valley Leadership Group will hold its second annual Sustainability Symposium: The Sustainable Corporation 2011, on April 8, in Santa Clara, Calif. at Applied Materials. The Symposium will focus on solutions and best practices that advance environmental sustainability within businesses.

The speaker line-up features a strong group of sustainability experts from industry, government and the NGO sectors. Dr. Alan Hecht, head of EPA’s Office of Sustainability and R&D will discuss opportunities for partnership between businesses and government. A keynote address will also be given by Lieutenant Governor Gavin Newsom – focusing on the role of green businesses in the state’s economic recovery.Read more

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The Texas Triple Play

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Already the country’s leading producer of oil and gas and wind energy, Texas has an opportunity to take the lead in generating solar energy too. It’s the perfect triple play. Texas has more sun than any other state, ample land resources for large scale and distributed solar installations, and a tremendous need for domestic energy generation. Solar is an ideal solution and the market is growing exponentially in markets where a favorable regulatory scheme exists. So how can we jump start this industry in Texas?Read more

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