Could Europe Lose Its Clean Energy Leadership?

From Earth Techling

Europe risks losing its foothold as a major competitive renewables market to China and the US if it doesn’t regain leadership on climate and green energy policies, warns a new study.

The report by Climate Strategies, a European economic research institute, says that if Europe doesn’t enact policies to tackle climate change and grow investment in renewables it will miss out on jobs and industry monopoly to competitors.

Authors attest that while the EU was bailing out its banks in the euro crisis, countries such as China, India, the US and hundreds of others, were busy investing heavily in renewable energy.

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