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As far as fixing the problem, it helps that governments are moving toward harnessing alternative energy resources in order to tackle climate change--but the time line for meeting international climate-change targets by 2020 and beyond means policy changes are too gentle, the group says.
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Xie said some Chinese investors were interested in U.S. resources, alternative energy and biotechnology, especially in the area of agriculture.
FORBES: Looking For Jobs, Four States Turn To China
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He believes that conservation of natural resources coupled with alternative energy, such as nuclear, wind, solar, hydrogen, clean coal, biodiesel and biomass, will further help cut oil imports.
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To date, however, alternative fuels and green vehicles require more resources to deliver less energy and transportation at greater cost.
WSJ: Opinion: Corporate Tax Cuts Needed
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The GreenTech 21st Century Master Fund focused on companies engaged in alternative energy, clean technologies, environmental infrastructure and services, agricultural and natural resources.
FORBES: Hilary Kramer - Hilary Kramer - Archive