Japan's new ¥15 trillion ($157 billion USD) economic stimulus
plan has a serious focus on green energy. Japan, suffering
through its worst recession since the second world war, is
finally starting to make some moves on renewable energy. The
stimulus plan will promote the start of mass production of
electric vehicles within the next three years. Solar power also
receives a huge boost through the stimulus package. The
government plans on increasing Japan's solar current solar
capacity, 1.42 million kilowatts, twenty-fold. For many
observers, these "green" moves by Japan are a long time in the
making. According to an HSBC report, until now, Japan has only
allotted 2.6% of its total spending for climate change measures.
The United States and China, on the other hand, have each
pledged 12% and 34% of their total spending to climate change
initiatives. Read the full story at the Guardian: Japan goes
green with £100bn economic recovery Energy Boom content is for
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