Green and Clean Tech is a booming business with the corporate world working on ideas for the future. Kids are also concerned with the planet and putting hard effort to create some earth saving ideas too. Nicolai Rutkowski tests a few of his ideas.
Global clean-energy markets are poised to quadruple in the next decade, growing from $55.4 bln in revenues in 2006 to more than $226.5 bln by 2016 for four benchmark technologies, according to Clean Edge. For the second year in a row, the global biofuels market was slightly larger than both solar and wind, reaching $20.5 bln in 2006 and projected to grow to more than $80 bln by 2016. Clean Edge projects solar photovoltaics (modules, system components, and installations) will grow from a $15.6 bln market in 2006 to $69.3 bln by 2016; wind power installations will expand from $17.9 bln in 2006 to $60.8 bln in 2016; and the markets for fuel cells and distributed hydrogen will grow from $1.4 bln in 2006 to $15.6 bln over the next decade.