Tuesday, 1 December 2009

Some good news! Last year there was more global investment in renewable energy than fossil-fuel energy - first time!

According to "Global Trends in Sustainable Energy Investment 2009", prepared for the UN Environment Programme's, $250 billion was spent globally in 2008 constructing new power generating capacity from all sources.

Of that, $140 billion was for low carbon electricity generation.

That means, for the first time, investment flows into renewables have overtaken flows into fossil fuel power generation.

A big moment!

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