Asia overtaking Europe in clean power

A new report says the low-carbon market has shifted from Europe and is now being dominated by the emerging economies of Asia.

The Climate Institute's global climate leadership review analyses 20 indicators to measure a country's carbon competitiveness, with the main focus on investments in clean energy.

It says Australia has slipped in its ranking among G20 countries since the last review from 16th to 17th.

France, Japan, South Korea and the UK were in the top five, with China climbing to...

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As economies become more global, markets are becoming more competitive. Many nations are investing in the development of environmentally-friendly energies and some countries in Asia are leading the way.