The USA lags behind its rival China in the race for clean energy technology, according to a new report called the ‘Clean Economy, Living Planet’, which ranks 25 countries based on their 2011 sales.
The United Kingdom came eleventh in the rankings for 2011, up one place from the previous year.
China had the biggest market for its clean-tech products such as solar panels and wind turbines, according to the yearly report commissioned by the World Wildlife Fund (WWF), followed by the United States and Germany.
Marty Spitzer, Director of US Climate Policy for WWF said: “Other countries are moving on clean technology opportunities and making big investments in the industry, while US policymakers in Washington seem to be content to let all the recent growth in the US wither on the vine by not providing policy certainty and not going after growth opportunities.”
The report also found Taiwan had the fastest growing market over 2010-11, increasing 36%, followed by China, India, South Korea and the United States.