It's not rocket science Joe...it is happening!

Joe Hockey is a dyed in the wool follower! He followed Howard to his loss; Nelson to his plank; Malcolm to his demise; and then Tony to his disgrace! Only once has he stood to be a 'leader' and then he tweeted to ask if he should back an ETS. So Joe as economic guru for the Coalition would have his hands on Australia's long term sustainable future wheel. So read on Joe...

Clean technology growing fast

Amsterdam - Denmark earns the biggest share of its national revenue from producing windmills and other clean technologies, the United States is rapidly expanding its clean-tech sector, but no country can match China's pace of growth, according to a new report obtained by The Associated Press.

China's production of green technologies has grown by a remarkable 77 percent a year, according to the report, which was commissioned by the World Wildlife Fund for Nature and which will be unveiled on Monday at an industry conference in Amsterdam. 

“The Chinese have made, on the political level, a conscious decision to capture this market and to develop this market aggressively,” said Donald Pols, an economist with the WWF.

Denmark, a longtime leader in wind energy, derives 3.1 percent of its gross domestic product from renewable energy technology and energy efficiency, or about euro 6.5 billion ($9.4 billion), the report said. 

China is the largest producer in money terms, earning more than euro44 billion ($64 billion), or 1.4 percent of its gross domestic product.