The crisis of the green economy. Climbing the emerging countries.

The crisis of recent years is putting a strain on the green economy but two different reports, one of HSBC - one of the most important banking group in the world - and one of Standard & Poor´s - a company that produce financial research and analysis on stocks and bonds, indicate that the crisis will be temporary and that growth will continue. 

Specifically, it is believed that renewable energies have lost ground respect non-renewable sources, as they depend largely on public funding, which at this moment are suffering frequent cuts and fossil fuels are coming more attractive than some clean technologies still considered risky. However, what promotes renewable in rich countries is “Fukushima effect“ that caused a huge potential for clean energy and is leading many countries - like Germany and Japan - the progressive reduction of nuclear reactors.

The problem does not arise developing countries, where renewables are growing. Wind, with the recent increase in installations in China, accounts for 60% of the global market and also Solar is expected to increase. China itself has recently increased its target for 2015 to increase the GW also thanks to the introduction of feed-in tariff, with it the compensation is paid to owners of renewable energy systems when energy from their systems is sold to the public.