Economic benefits push clean energy drive

The weather changes in some parts of China are caused by growing ice melting in Iceland [due to increased global temperature]. This is the reason China is becoming a leader in renewable energy, according to Olafur Ragnar Grimson, the President of Iceland.

It is not due to ideological or philosophical reasons but economic benefits, he said at a debate organised by International Renewable Energy Agency (Irena) and Financial Times at the third Irena assembly in Abu Dhabi.

“The changes in a faraway land [weather change in China] happen due to the cause in my neighbourhood,” he pointed out. “Chinese scientific community and the leadership have accepted this fact.”

The president doubted whether the US and the European Union will be able to catch up with China in its progress in renewable energy sector.

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