Thursday, August 25, 2011

Who will win the clean energy race?

Germany now has more renewable energy installed than the USA. But the race is far from over and there is stiff competition in developing countries.

AFTER LESS THAN A year and a half in which so much energy news seemed troubling - nuclear meltdowns, oil spills, rising gas prices - it might be startling to find out that worldwide installed capacity of renewable energy has now surpassed that of nuclear power. In fact, global investment in clean energy, driven by enlightened, forward-looking national policies, grew to a record US$243 billion in 2010, up 30 per cent from the previous year.

See full Article.