La Jolla Real Estate, Del Mar real estate, Rancho Santa Fe Homes, Carmel Valley Real Estate, University City and
Downtown San Diego real estate, homes and condos for sale in California - Ruth Mills & the Mills Team, REALTOR.






Search the San Diego MLS
(includes all areas in San Diego County)



 January 15, 2008

La Jolla Conference Discusses Clean Technology
La JollaThe US will continue with "clean technology fund" estimated to be a multi-billion dollar deal. The fund will assist China and select other developing countries by helping them finance their technologies in order to decrease greenhouse emissions, as well as, other forms of pollution.
David McCormick, who is the Undersecretary for International Affairs, said at a recent La Jolla, California conference that they plan to decrease the gap in funding between the newer, more advanced technology and the older, less expensive technology. He also added that the US will be in the forefront and one of the top donors. McCormick stated that they have already been in discussions with some potential donors and the plan is to make it happen later in the year.

At the La Jolla conference, McCormick stated that most of the developing countries still use the least expensive route when it comes to powering, developing and industrial technologies, which equates to the use of much older and outdated technology. McCormick claims that through the year 2030, it may cost these developing countries thirty billion dollars in order for them to make the transition to a cleaner country.

The key is to stimulate growth in an environmentally friendly way.

Back to Real Estate News

Search San Diego Real Estate