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China and South Korea are among the few countries that have implemented economic stimulus packages with a large enough "green" element to put them on the road to a low carbon, resource efficient economy, according to a book published by the UN Environment Programme (Unep)

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"News last week of the first major influx of Chinese capital and wind turbine manufacturing expertise into the renewable energy market in the United States — a 600-megawatt wind farm planned for the plains of west Texas — had many readers of the Green Inc. blog in a state of agitation."

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Eight smart grid demonstration projects in seven states have just hit pay dirt. The Department of Energy today announced awards of more than $47 million in stimulus funds for the projects, adding to the $17 million that the agency invested in them last year after a competitive application process. Among the companies cashing in today are Massachusetts-based American Superconductor, Consolidated Edison (Con Edison) of New York, California’s Zenergy Power and the University of Nevada, Las Vegas.

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The U.S. General Services Administration will help the U.S. Postal Service swap 6,500 old vehicles with a mix of hybrids, flex-fuel and four-cylinder replacements with the help of stimulus funds.

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At Dabancheng, a few miles outside the city, great forests of windmills stretch to the horizon, their blades beating out a lazy rhythm that belies the sudden urgency with which China's rulers are now investing in renewable energy.The speed with which China is now ramping up its commitment to alternative energies has caught even the most optimistic analysts by surprise, with new green edicts being issued from Beijing on an almost weekly basis.

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Seoul's huge (£23bn) financial stimulus package pledges 81% for a swath of environmental projects. But activists fear a wave of construction may increase the country's carbon footprint

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