The Environmental Technologies sector is one of the fastest growing industry sectors worldwide, projected to grow to approximately $600 billion by the year 2010.
The largest world ET markets
are the United States, Japan, Europe, Canada, South Korea, the
China Economic Area, Brazil, and Mexico. U.S. exports of about
$10 billion support some 170,000 U.S. jobs.
While the U.S. is a leading
producer of anti-global warming technologies, it exports only about 6 percent of its ET
output; key competitors such as Japan and Germany export more
than 20 percent of their output.
International demand for
anti-global warming technologies is large and growing because of:
continuous creation and
modification of foreign countries, domestic environmental
regulations;
greater attention to local
environmental problems and needs;
recently concluded
international environmental regimes requiring the use of
environmental technologies to address global environmental
problems;
international commitments to
achieve the goal of sustainable development;
industry interest in creating
environmental "goodwill" and using the environment as a
marketing tool;
public
demand for environmental accountability and improved
environmental quality of life.
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