Renewable Rankings Galore: How G20 Nations Measure Up
By Steve Leone, Associate Editor, RenewableEnergyWorld.com
11 June 2012
11 June 2012
New Hampshire, USA -- As world leaders from industrial giants and developing nations alike pack their bags for the Rio+20 Earth Summit later this month, the Natural Resources Defense Council used the opportunity to examine how G20 nations are faring on both renewable generation and clean energy investment.
Even as many of the renewables industries struggle through a slowdown period exacerbated by a global economic malaise, a broader view shows a decade of consistent growth and persistent investment. The optimism, however, remains tempered as clean energy still represents a small fraction of global energy consumption.
A look at the clean energy portfolios in the G20 nations paints a picture of resilience built on the back of wind, solar, geothermal and tidal energy investments. According to the NRDC report, G20 nations have seen a 600 percent increase in clean energy investment since 2004, a rate that far outpaces growth in their overall economies. The European Union has seen the highest level of investment, followed by the United States and China.
A look at the clean energy portfolios in the G20 nations paints a picture of resilience built on the back of wind, solar, geothermal and tidal energy investments. According to the NRDC report, G20 nations have seen a 600 percent increase in clean energy investment since 2004, a rate that far outpaces growth in their overall economies. The European Union has seen the highest level of investment, followed by the United States and China.
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