Japan to spend $40 Billion to combat climate change
January 28, 2008 | Filed Under alternative energy
Bloomberg reports that Japanese PM Fukuda has announced plans to take the lead in developing alternative energy and controlling emissions:
“Over the next five years, Japan will spend $30 billion on new environmental technology at home and provide another $10 billion for developing countries, Fukuda said in a speech today at the World Economic Forum in Davos, Switzerland. Fukuda also proposed a 30 percent improvement in energy efficiency globally by 2020.”
Sourse: Japan to spend $40 Billion to combat climate change
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