The Long March to Clean Energy Development
The PEW Environment Group recently published a report showing global investment in renewable energy in the last 5 years. One important conclusion, China has a significant lead on the U.S. in the world of clean energy. Of other significance in the report:
- Globally, clean energy investments have increased 230 percent since 2005.
- Investment by nearly all G-20 members grew by more than 50 percent over the past five years.
- Despite a worldwide recession, global clean energy investments reached $162 billion in 2009.
- G-20 members accounted for more than 90 percent of worldwide clean energy finance and investment.
- More than 250 gigawatts of renewable energy generating capacity have been installed around the world, producing six percent of global energy.
- Global clean energy investments are projected to reach $200 billion in 2010.
In related matters, GOOD magazine has a nice write up on our domestic wind power and an image that was created by the New Rules Project that shows what states in the U.S. could provide their own energy. Ready to take on the talk about carbon taxing? It is hopefully up next on the national agenda.