Emerging economies such as Mexico and India are shifting energy investments into renewable resources while industrialised countries hesitate, noted two new United Nations reports released Wednesday in Nairobi, Kenya.
“There is a structural change in the global energy sector underway,” said Ulf Moslener, head of research of the Frankfurt School in Germany.
“Costs are dropping radically. Renewables represented 6.5 percent of all electricity generated and reduced carbon emissions by 1 billion tonnes in 2012,” said Moslener, co-author of Global Trends in Renewable Energy Investment 2013, a report sponsored by the U.N. Environment Programme (UNEP).
See full Article: http://www.ipsnews.net/2013/06/developing-countries-lead-global-shift-to-green-energy/
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