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As Investment in Clean Energy Rises, Muddling Through is the Only Way Forward

Forbes -- Pike Research’s Smart Energy Annual Report 2012,released last week, estimated total revenue from smart energy and smart energy storage at $222 billion in 2011. By 2015, that figure will reach $420 billion – nearly doubling in 5 years.

That actually understates the case, if you refer to Global Trends in Renewable Energy Investment 2012, which was released earlier this year by the United Nations Environment Program (UNEP), based on data from Bloomberg New Energy Finance. Global investment in clean energy hit a record $260 billion in 2011, the UNEP report stated. The difference, while not small – $38 billion – is mostly related to the definitions of “revenue” and “investment.” However you slice it, that’s a big pile of change. And the UNEP report contains some other data worth consider


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Submitted Jun 16, 2012 By: dgerst
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REPLIES (newest first)
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52MPG
Champion Author Dayton

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Message Posted: Jun 17, 2012 10:30:42 PM

Good Info.
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PDQBlues
Champion Author San Diego

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Message Posted: Jun 17, 2012 7:46:32 PM

Hopefully, this country will be committed to develop alternative energies. We had a chance of that, but the programs were canceled by then Pres Reagan.
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dave27johnson
Champion Author Chicago

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Message Posted: Jun 16, 2012 11:06:11 AM

A good global trend....
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mastermariner
Champion Author Texas

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Message Posted: Jun 16, 2012 11:01:28 AM

Sounds great.
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djwhit
Champion Author Ohio

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Message Posted: Jun 16, 2012 10:10:25 AM

YEP RIGHT..........WHEN...........
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tgusa
Champion Author Virginia Beach

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Message Posted: Jun 16, 2012 10:06:04 AM

wasting the taxpayers' $$ - that's our gummint
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LEGION57
Champion Author South Carolina

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Message Posted: Jun 16, 2012 9:55:12 AM

blah blah blah- Oil is king!
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Gas_Eyes
Champion Author Dallas

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Message Posted: Jun 16, 2012 9:28:40 AM

“Low-carbon electricity generation is already competitive in many markets and will take an increasing share of generation in coming years,”

The glut in natural gas is the big reason. It is the cleanest burning fossil fuel.
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fracknsave
Champion Author Grand Rapids

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Message Posted: Jun 16, 2012 8:57:07 AM

Investment + Clean energy = oxymoron
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batloverNM
Champion Author Albuquerque

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Message Posted: Jun 16, 2012 8:32:38 AM

Thanks for posting. We need all the clean energy we can get!
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dgerst
Champion Author South Carolina

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Message Posted: Jun 16, 2012 8:27:33 AM

Investment in clean energy continues to grow.
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