Well China started investing in renewables some time ago and are now adding almost half the world renewables. The reality is though climate change can't be changed or reversed by capitalism fast enough. And because of the financial crisis over the last few years the developed world probably doest have the money it needs to finance the developing worlds energy needs. The next 1-2 billion people from Asia Africa will start using electricity a few times more than what they are now and the developed world curtailing their emissions wont be enough.