Surge in Clean Energy Investment May Mark a Turnaround

Bloomberg: “Clean energy investment rose by 9 percent in the first quarter from a year earlier on surging demand for rooftop solar panels from the U.S. to Japan.”

“New investment in renewable power and energy efficiency rose to $47.7 billion in the first three months of the year from $43.6 billion, Bloomberg New Energy Finance said today in an e-mailed statement.”

“The increase may mark a turnaround. Investment in low-carbon power and energy-efficiency equipment has fallen for two years as industrialized nations pared back subsidies.”

Two patterns are emerging: “the increasing share of small-scale solar in total investment, and the expansion of investment into more developing countries.”

FavoriteLoadingSave to Favorites
Read previous post:
Is Obama Really the ‘Deporter in Chief?’

New York Times: "New deportation cases brought by the Obama administration in the nation’s immigration courts have been declining steadily...

Close