Renewable Energy Sees a Record $257 Billion of Investment in 2011
Posted: 13 Jun 2012 02:43 PM PDT
The UN Environment Program (UNEP) announced in a new report that in 2011 global renewable energy investment reached a record $257 billion; a 17 percent increase from 2010, and a 600% increase over the past seven years.The solar energy sector saw the largest amount of investment, up from 2010 by 52% to an impressive $147 billion, more than half the total investment in the renewable energy market. This increase was due to an explosion in the number of installations of rooftop panels in the Italy and Germany, along with large-scale concentrated solar…
IEA: Adopting Cleantech Could Save $100 Trillion by 2050
Posted: 13 Jun 2012 02:41 PM PDT
The once staid International Energy Agency continues its string of blunt, must-read reports laying bare the reality of our climate and energy system.While so many “experts” and politicians make hand-waving pronouncements about how the primary solution to climate change is more R&D or how cheap natural gas is the answer to our problems, the IEA is one of the few international bodies with a comprehensive energy and economic model that cuts through the BS.As their new report, Energy Technology Perspectives 2012, makes clear, new natural…Read more…
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