Pew Report Says Global Clean Energy Investment Grew by 230 Percent Since 2005
The Emerging Clean Energy Economy
In 2009, China emerged as clean energy powerhouse investing $34.6 billion, which is nearly double the US total of $18.6 billion. Furthermore, US investments in clean energy lagged behind 10 members of the G-20 in terms of investment percentage of gross domestic product. For instance, Spain invested five times more. While, China and the UK invested three times more.
However, the report announces a new worldwide industry-clean energy. The G-20 had an average of $32 billion in each of the last three quarters of 2009, which is an encouraging sign for the future.
Click HERE to read the Pew Report.