Word: greentech
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...power generation. In 2007 the government directed that by next year at least 3% of large power companies' generating capacity should come from renewable sources (excluding hydropower); this target jumps to 8% in 2020. That may not sound like much, but according to a recent study by the China Greentech Initiative, a coalition of Chinese and foreign businesses, NGOs and government organizations, environmental technologies including renewable energy could become a $1 trillion market in China by 2013. In a recent commentary, Pulitzer Prize - winning journalist and author Thomas Friedman wrote that China's decision to go green "is the 21st...
...John Doerr, a founder of the Greentech Network, is a venture capitalist at Kleiner Perkins Caufield & Byers in Menlo Park, Calif...
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